Pipes Feed Preview: Feed not found & CryptoCurrencyNews & Bitcoin News

OrangeX Aligns with Upcoming MiCAR Regulations through Proactive Compliance Strategies

Thu, 02 Jan 2025 16:19:08 -0000

VICTORIA, Seychelles, Jan. 1, 2025 /PRNewswire/ — December 30, 2024, just marked a pivotal moment for the cryptocurrency industry as the European Union Markets in Crypto Assets Regulation (MiCAR) comes into effect. This groundbreaking regulation represents a major shift in the EU’s approach to cryptocurrency oversight, aiming to enhance consumer protection, promote market integrity, and foster … Continue reading "OrangeX Aligns with Upcoming MiCAR Regulations through Proactive Compliance Strategies"

<figure><img width="777" height="518" src="https://cryptocurrencynews.com/wp-content/uploads/2025/01/3542001750c2198499793dcd7e97dd94.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/01/3542001750c2198499793dcd7e97dd94.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/3542001750c2198499793dcd7e97dd94-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/3542001750c2198499793dcd7e97dd94-768x512.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/3542001750c2198499793dcd7e97dd94-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>VICTORIA, Seychelles, Jan. 1, 2025 /PRNewswire/ — December 30, 2024, just marked a pivotal moment for the cryptocurrency industry as the European Union Markets in Crypto Assets Regulation (MiCAR) comes into effect. This groundbreaking regulation represents a major shift in the EU’s approach to cryptocurrency oversight, aiming to enhance consumer protection, promote market integrity, and foster innovation across the digital asset ecosystem. <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <a href="https://mma.prnewswire.com/media/2589429/OrangeX.html" rel="nofollow noopener" target="_blank"> <img decoding="async" alt="OrangeX" src="https://mma.prnewswire.com/media/2589429/OrangeX.jpg" title="OrangeX"></img> </a> </div> Recognizing the significance of MiCAR for the future of the crypto industry, OrangeX has taken several steps to align its operations with the new framework, which includes successful integration of the Travel Rule API, a crucial component of anti-money laundering (AML) regulations. This integration demonstrates OrangeX’s commitment to compliance and its proactive approach to meeting the requirements set forth by MiCAR. 1. Travel Rule API Integration: A Milestone in AML Compliance OrangeX is proud to announce the successful integration of the Travel Rule API, a key component of anti-money laundering (AML) regulations. This technology ensures seamless and compliant data sharing between financial entities, reinforcing OrangeX’s commitment to transparency and consumer protection. By implementing this critical tool, OrangeX has taken a proactive stance to address MiCAR’s rigorous AML requirements. 2. Licensed Operations in EU Currently, OrangeX holds a trading license in the Czech Republic, enabling the exchange to operate within the EU’s existing regulatory framework. This license not only affirms OrangeX’s credibility but also places the platform in a strong position to expand its services across the EU once MiCAR takes full effect. 3. Registering as Crypto-Asset Service Provider (CASP) As part of its preparation for MiCAR, OrangeX is dedicated to ensuring compliance with the regulation’s stringent standards as a Crypto-Asset Service Provider (CASP). We’re actively implementing measures to meet all operational, security, and transparency requirements set forth by the new rules. 4. Continuously Adopting Advanced Technologies OrangeX fully understands that stringent anti-money laundering (AML) measures are crucial for protecting users and ensuring the compliant development of the platform. Recently, in addition to OrangeX’s existing database, they have integrated Slowmist’s AML system (<a href="https://www.misttrack.io/" rel="nofollow noopener" target="_blank">https://www.misttrack.io/</a>) and CipherOwl, which are also used by major crypto exchanges globally. This enables OrangeX to more comprehensively scan transactions and prevent virtual assets from flowing through our platform to sanctioned or high-risk addresses. OrangeX recognizes the importance of adhering to regulatory standards. We maintain active communication with regulators and are instrumental in developing our compliance architecture and keep focusing on implementing the necessary measures to uphold the highest standards of security and transparency for the users. All efforts underscores OrangeX’s long-term vision of building a secure, trusted, and innovative platform for its users. A Bright Future for the EU Crypto Market The introduction of MiCAR signals a new era of opportunity for cryptocurrency service providers, customers, and affiliates. By standardizing regulations across the EU, MiCAR is expected to enhance market credibility, attract more institutional investors, and create a safer environment for all stakeholders. OrangeX views these developments as an opportunity to lead by example in promoting a compliant and forward-thinking crypto ecosystem. The exchange is committed to collaborating closely with EU regulators to ensure its operations align with MiCAR’s requirements, setting the stage for future growth and innovation. About OrangeX Established in 2021, OrangeX operates a high-standard cryptocurrency trading platform with the most advanced technology, skilled staff, and experienced financial expertise. OrangeX provides its users with services including derivatives trading, spot trading, one-click copy trading, and a fiat gateway to purchase cryptocurrencies. Now OrangeX boasts a client base of over 2.6 million users because of its technical advantages and professional services. For more information, please visit: <a href="http://www.orangex.com/" rel="nofollow noopener" target="_blank">Website</a> | <a href="https://twitter.com/OrangeXExchange" rel="nofollow noopener" target="_blank">Twitter</a> | <a href="https://t.me/OrangeX_exchange" rel="nofollow noopener" target="_blank">Telegram</a> | <a href="https://coinmarketcap.com/exchanges/orangex/" rel="nofollow noopener" target="_blank">CoinMarketCap</a> | <a href="https://www.coingecko.com/en/exchanges/orangex" rel="nofollow noopener" target="_blank">CoinGecko</a> For media inquiries, please contact: <a href="mailto:marketing@orangex.com" rel="nofollow noopener" target="_blank">marketing@orangex.com</a> <img decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=CN87786&sd=2025-01-01" title="Cision" width="12"></img> View original content to download multimedia:<a href="https://www.prnewswire.com/news-releases/orangex-aligns-with-upcoming-micar-regulations-through-proactive-compliance-strategies-302341080.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.com/news-releases/orangex-aligns-with-upcoming-micar-regulations-through-proactive-compliance-strategies-302341080.html</a> SOURCE OrangeX <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=CN87786&Transmission_Id=202501012317PR_NEWS_USPR_____CN87786&DateId=20250101" style="border:0px;width:1px;height:1px"></img> Featured Image: Pexels @ alesia kozik <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
Bybit Launchpad Onboards Xterio, Opening up Opportunities in Blockchain Gaming for Users

Wed, 01 Jan 2025 16:19:08 -0000

DUBAI, UAE, Dec. 31, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce the next major Launchpad project, Xterio token (XTER), with 7,500,000 XTER in rewards for early subscribers. Bybit users now have the opportunity to delve into the GameFi economy and earn rewards through two stages: by subscribing to … Continue reading "Bybit Launchpad Onboards Xterio, Opening up Opportunities in Blockchain Gaming for Users"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/01/ac357bd493c24f04c1421a18cedb7da8.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/ac357bd493c24f04c1421a18cedb7da8.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/ac357bd493c24f04c1421a18cedb7da8-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/ac357bd493c24f04c1421a18cedb7da8-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/ac357bd493c24f04c1421a18cedb7da8-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>DUBAI, UAE, Dec. 31, 2024 /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 announce the next major Launchpad project, Xterio token (XTER), with 7,500,000 XTER in rewards for early subscribers. Bybit users now have the opportunity to delve into the GameFi economy and earn rewards through two stages: by subscribing to the token on Bybit Launchpad by Jan. 7, and by completing simple tasks to unlock additional prize pools following XTER’s Spot listing on Jan. 8. <div dir="ltr" id="prni_dvprnejpg2dd1left" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt="Bybit Logo" id="prnejpg2dd1left" src="https://mma.prnewswire.com/media/2267288/Logo.jpg" title="Bybit Logo"></img></div> Xterio is an AI-powered blockchain gaming platform built on the Layer 2 OP Superchain ecosystem. Xterio’s innovative approach to combining gaming and rewards has attracted high-caliber investors and developers. The project has raised over $80 million in funding and boasts strong backing from Binance Labs, Makers Fund, DST Global, and over 70 partners. XTER Subscription – How to Participate: During the subscription period, users have two options to share in the 7,500,000 XTER rewards: <ul type="disc"> <li>Subscribing to Buy XTER with MNT for a chance to win from the total pool of 3,750,000 XTER (with an individual cap of 7,500 XTER).</li> <li>Joining the lottery with USDT to win XTER allocation from another 3,750,000 XTER prize pool (with an individual cap of 4 lottery tickets per users).</li> </ul> To participate, eligible users must maintain a daily average balance of 50 MNT or 100 USDT during the Snapshot Period from Jan. 3 to 7, 2025. The required amount must be committed during the Subscription Period from 3:30 AM UTC to 8:50 AM UTC on Jan. 8, and tokens will be allocated by 9:59 AM UTC on the same day. XTER Spot Listing – More Rewards Head From Jan. 7 to 22, 2025, Bybit users can also unlock two additional XTER prize pools by completing simple tasks: <ol type="1"> <li>Users may register for the <a href="https://www.bybit.com/en/trade/spot/token-splash/detail?code=20241230071922" rel="nofollow noopener" target="_blank">XTER Token Splash</a> and complete deposit and trading tasks for a chance to earn from a 300,000 XTER prize pool; and</li> <li>The <a href="https://www.bybit.com/en/trade/spot/puzzle-hunt/detail?activityCode=6543219876543" rel="nofollow noopener" target="_blank">XTER Puzzle Hunt</a> allows participants to collect puzzle pieces to unlock another 300,000 XTER prize pool.</li> </ol> Xterio on Bybit Web3: A Rising Star in Blockchain Gaming Xterio also provides a robust and vibrant ecosystem through its strategic partnerships. Recently featured on Bybit Web3’s GameFi SNZ, Xterio ranked 4th among a formidable list of contenders, where its supporters shared a 38,000 XTER prize pool on Bybit. By subscribing to and trading the native XTER token, Bybit users have the chance to get ahead in the rapidly growing blockchain gaming sector. “We are excited to bring Xterio to Bybit Launchpad, offering our users a unique opportunity to get in early on the future of blockchain and AI gaming,” said Emily Bao, Head of Web3 and Spot at Bybit. Bybit Launchpad offers a transparent platform allowing users to participate in high-potential blockchain projects at attractive prices in the early stages. Curated by blockchain experts, Launchpad projects often gain strong community support before landing on Bybit Spot, where users benefit from the platform’s robust infrastructure, safe trading environment, and deep liquidity. For a detailed timeline on Bybit Launchpad and Bybit Spot, (terms and conditions apply), users may find out more from the announcement – <a href="https://announcements.bybit.com/en/article/xterio-xter-on-bybit-launchpad-3-0-now-live-blt58e2e8a7ec383e84/" rel="nofollow noopener" target="_blank">Xterio (XTER) on Bybit Launchpad 3.0: Now Live</a>, and visit <a href="https://www.bybit.com/en/trade/spot/launchpad" rel="nofollow noopener" target="_blank">Bybit Launchpad</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> 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=EN87365&sd=2024-12-31" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/bybit-launchpad-onboards-xterio-opening-up-opportunities-in-blockchain-gaming-for-users-302340608.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/bybit-launchpad-onboards-xterio-opening-up-opportunities-in-blockchain-gaming-for-users-302340608.html</a> <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN87365&Transmission_Id=202412310600PR_NEWS_EURO_ND__EN87365&DateId=20241231" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ PromesaStudio 2 <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
Bit Digital, Inc. Acquires Another Metropolitan Site for Tier-3 Data Center Expansion

Tue, 31 Dec 2024 16:19:08 -0000

NEW YORK, Dec. 30, 2024 /PRNewswire/ — Bit Digital, Inc. (Nasdaq: BTBT) (“Bit Digital” or the “Company”), a global platform for high-performance computing (“HPC”) infrastructure and digital asset production headquartered in New York, announced today that is has acquired the real estate and building for a build-to-suit 5MW Tier-3 data center expansion project in Montreal, … Continue reading "Bit Digital, Inc. Acquires Another Metropolitan Site for Tier-3 Data Center Expansion"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2024/12/72521a3276a3c34f24c18ba713e8137e.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/12/72521a3276a3c34f24c18ba713e8137e.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/72521a3276a3c34f24c18ba713e8137e-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/72521a3276a3c34f24c18ba713e8137e-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/72521a3276a3c34f24c18ba713e8137e-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>NEW YORK, Dec. 30, 2024 /PRNewswire/ — Bit Digital, Inc. (Nasdaq: BTBT) (“Bit Digital” or the “Company”), a global platform for high-performance computing (“HPC”) infrastructure and digital asset production headquartered in New York, announced today that is has acquired the real estate and building for a build-to-suit 5MW Tier-3 data center expansion project in Montreal, Canada. This acquisition is part of Bit Digital’s strategy to expand its HPC data center footprint to 32MW during 2025. This site also comprises part of Bit Digital’s 288MW proprietary pipeline announced earlier this year. <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <a href="https://mma.prnewswire.com/media/1936804/Bit_Digital_Logo.html" rel="nofollow noopener" target="_blank"> <img decoding="async" alt="(PRNewsfoto/Bit Digital, Inc.)" src="https://mma.prnewswire.com/media/1936804/Bit_Digital_Logo.jpg" title="(PRNewsfoto/Bit Digital, Inc.)"></img> </a> </div> Bit Digital purchased the site (“MTL2“) for CAD $33.5 million (approximately USD $23.3MM assuming a CAD/USD exchange rate of 0.70) excluding fees. The acquisition closed on December 27, 2024. Bit Digital initially funded the purchase with cash on hand and is in the process of securing mortgage financing for both the site acquisition and subsequent infrastructure capex. The Company expects to spend approximately CAD $27.6 million (approx. USD $19.3MM) to develop the site to Tier-3 standards with an initial gross load of 5MW. The site is expected to be completed and operational by May 2025. MTL2, a 160,000 square feet site that was previously used as an encapsulation manufacturing facility, is located in Pointe-Claire, QC. Bit Digital plans to retrofit the site with advanced cooling technology, including direct-to-chip liquid cooling, which enhances energy efficiency and supports AI and other high-performance workloads with 150kW rack density. The Company is collaborating with third parties to implement a heat reject loop to further enhance the sustainability profile of the datacenter. The facility will be powered by 100% renewable hydroelectricity provided by Hydro-Quebec. Additionally, the site offers the potential to expand, enabling scalable growth aligned with market demand. Sam Tabar, Bit Digital’s CEO, commented: “This site acquisition marks an important step forward in our data center growth plans. This site is a Class A industrial property that was a former encapsulation manufacturing facility that included premium infrastructure specifications. It is located in one of the most desirable commercial real estate locations in Montreal. By leveraging the existing infrastructure, including over CAD $750 thousand worth of advanced HVAC equipment included in the purchase, we are able to lower our development costs and accelerate our time to market – a key advantage and core tenet of our development strategy. The development timeline aligns with the demands of a new customer that intends to fill the capacity with new generation Nvidia GPUs. We are in the process of securing cost-effective mortgage financing for this project which we intend to announce upon finalization. We believe this will ultimately showcase Bit Digital’s ability to cost-effectively finance its data center buildout in a non-dilutive manner.” About Bit Digital Bit Digital, Inc. is a global platform for high-performance computing (“HPC”) infrastructure and digital asset production headquartered in New York City. Our bitcoin mining operations are located in the US, Canada, and Iceland. For additional information, please contact <a href="mailto:ir@bit-digital.com" rel="nofollow noopener" target="_blank">ir@bit-digital.com</a> or visit our website at <a href="https://www.bit-digital.com/" rel="nofollow noopener" target="_blank">www.bit-digital.com</a>. Investor Notice Investing in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described under “Risk Factors” in Item 3.D of our Annual Report on Form 20-F for the fiscal year ended December 31, 2023 (“Annual Report”). Notwithstanding the fact that Bit Digital Inc. has not conducted operations in the PRC since September 30, 2021 we have previously disclosed under Risk Factors in our Annual Report: “We may be subject to fines and penalties for any noncompliance with or any liabilities in our former business in China in a certain period from now on.” Although the statute of limitations for non-compliance by our former business in the PRC is generally two years and the Company has been out of the PRC, for more than two years, the Authority may still find its prior bitcoin mining operations involved a threat to financial security. In such event, the two-year period would be extended to five years. If any material risk was to occur, our business, financial condition or results of operations would likely suffer. In that event, the value of our securities could decline and you could lose part or all of your investment. The risks and uncertainties we describe are not the only ones facing us. Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations. In addition, our past financial performance may not be a reliable indicator of future performance, and historical trends should not be used to anticipate results in the future. Future changes in the network-wide mining difficulty rate or bitcoin hash rate may also materially affect the future performance of Bit Digital’s production of bitcoin. Actual operating results will vary depending on many factors including network difficulty rate, total hash rate of the network, the operations of our facilities, the status of our miners, and other factors. See “Safe Harbor Statement” below. Safe Harbor Statement This press release may contain certain “forward-looking statements” relating to the business of Bit Digital, Inc., and its subsidiary companies. All statements, other than statements of historical fact included herein are “forward-looking statements.” These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects,” or similar expressions, involving known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website at <a href="http://www.sec.gov/" rel="nofollow noopener" target="_blank">http://www.sec.gov</a>. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements. <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=CN86797&sd=2024-12-30" title="Cision" width="12"></img> View original content to download multimedia:<a href="https://www.prnewswire.com/news-releases/bit-digital-inc-acquires-another-metropolitan-site-for-tier-3-data-center-expansion-302339966.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.com/news-releases/bit-digital-inc-acquires-another-metropolitan-site-for-tier-3-data-center-expansion-302339966.html</a> SOURCE Bit Digital, Inc. <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=CN86797&Transmission_Id=202412300800PR_NEWS_USPR_____CN86797&DateId=20241230" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ monsit <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
$JENNER Deadline: $JENNER Purchasers Have Opportunity to Lead $JENNER Securities Lawsuit

Mon, 30 Dec 2024 16:19:12 -0000

NEW YORK, Dec. 29, 2024 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the cryptocurrency “$JENNER” on the Solana and/or Ethereum blockchains between May 26, 2024 and the present, both dates inclusive (the “Class Period”), of the important January 17, 2025 lead plaintiff deadline. So what: If you purchased $JENNER … Continue reading "$JENNER Deadline: $JENNER Purchasers Have Opportunity to Lead $JENNER Securities Lawsuit"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2024/12/dd69da546f737d04f2ec2b3342522157.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/12/dd69da546f737d04f2ec2b3342522157.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/dd69da546f737d04f2ec2b3342522157-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/dd69da546f737d04f2ec2b3342522157-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/dd69da546f737d04f2ec2b3342522157-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>NEW YORK, Dec. 29, 2024 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the cryptocurrency “$JENNER” on the Solana and/or Ethereum blockchains between May 26, 2024 and the present, both dates inclusive (the “Class Period”), of the important January 17, 2025 lead plaintiff deadline. <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <a href="https://mma.prnewswire.com/media/405060/Rosen_Law_Logo.html" rel="nofollow noopener" target="_blank"> <img decoding="async" alt="Rosen Law Firm, P.A. Logo" src="https://mma.prnewswire.com/media/405060/Rosen_Law_Logo.jpg" title="Rosen Law Firm, P.A. Logo"></img> </a> </div> So what: If you purchased $JENNER during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. What to do next: To join the $JENNER class action, go to <a href="https://c212.net/c/link/?t=0&l=en&o=4330952-1&h=1072452676&u=https%3A%2F%2Frosenlegal.com%2Fsubmit-form%2F%3Fcase_id%3D31137&a=https%3A%2F%2Frosenlegal.com%2Fsubmit-form%2F%3Fcase_id%3D31137" rel="nofollow noopener" target="_blank">https://rosenlegal.com/submit-form/?case_id=31137</a> or call Phillip Kim, Esq. at 866-767-3653 or email <a href="mailto:case@rosenlegal.com" rel="nofollow noopener" target="_blank">case@rosenlegal.com</a> for more information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 17, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers. Details of the case: According to the lawsuit, Defendant Caitlyn Jenner offered and sold $JENNER by means of written and oral communications which contained materially false and misleading statements, and omitted material facts necessary to make the statements not misleading, including but not limited to the following: (1) misrepresentations regarding the potential profitability, functionality, and value of $JENNER; (2) failing to disclose the risks associated with investing in $JENNER, including regulatory risks and potential lack of liquidity; (3) misleading statements about the project’s financial health, business prospects, and future growth opportunities; (4) Jenner’s and other insiders’ own holdings and financial interests in the enterprise; and (5) false and misleading statements about getting $JENNER listed on centralized cryptocurrency exchanges (“CEXs”). When the true details entered the market, the lawsuit claims that investors suffered damages. To join the $JENNER class action, go to <a href="https://c212.net/c/link/?t=0&l=en&o=4330952-1&h=1072452676&u=https%3A%2F%2Frosenlegal.com%2Fsubmit-form%2F%3Fcase_id%3D31137&a=https%3A%2F%2Frosenlegal.com%2Fsubmit-form%2F%3Fcase_id%3D31137" rel="nofollow noopener" target="_blank">https://rosenlegal.com/submit-form/?case_id=31137</a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email <a href="mailto:case@rosenlegal.com" rel="nofollow noopener" target="_blank">case@rosenlegal.com</a> for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: <a href="https://c212.net/c/link/?t=0&l=en&o=4330952-1&h=160109897&u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm&a=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm" rel="nofollow noopener" target="_blank">https://www.linkedin.com/company/the-rosen-law-firm</a>, on Twitter: <a href="https://c212.net/c/link/?t=0&l=en&o=4330952-1&h=871325469&u=https%3A%2F%2Ftwitter.com%2Frosen_firm&a=https%3A%2F%2Ftwitter.com%2Frosen_firm" rel="nofollow noopener" target="_blank">https://twitter.com/rosen_firm</a> or on Facebook: <a href="https://c212.net/c/link/?t=0&l=en&o=4330952-1&h=3285341744&u=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm%2F&a=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm%2F" rel="nofollow noopener" target="_blank">https://www.facebook.com/rosenlawfirm/</a>. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 <a href="mailto:case@rosenlegal.com" rel="nofollow noopener" target="_blank">case@rosenlegal.com</a> <a href="https://c212.net/c/link/?t=0&l=en&o=4330952-1&h=1577793745&u=http%3A%2F%2Fwww.rosenlegal.com%2F&a=www.rosenlegal.com" rel="nofollow noopener" target="_blank">www.rosenlegal.com</a> <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=DC85928&sd=2024-12-29" title="Cision" width="12"></img> View original content to download multimedia:<a href="https://www.prnewswire.com/news-releases/jenner-deadline-jenner-purchasers-have-opportunity-to-lead-jenner-securities-lawsuit-302338961.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.com/news-releases/jenner-deadline-jenner-purchasers-have-opportunity-to-lead-jenner-securities-lawsuit-302338961.html</a> SOURCE THE ROSEN LAW FIRM, P. A. <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=DC85928&Transmission_Id=202412291158PR_NEWS_USPR_____DC85928&DateId=20241229" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ Stockcrafter <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
PARODY ON $6.2M BANANA ART GRABS ATTENTION AT LAS VEGAS GALLERY

Sun, 29 Dec 2024 16:19:08 -0000

‘The Six Million Dollar Man with Banana’ by Mr. Hide Draws CrowdsAt Animazing Gallery at The Venetian Resort Las Vegas LAS VEGAS, Dec. 27, 2024 /PRNewswire/ — A month after comedian Maurizio Cattelan’s banana duct taped to a wall sold to a crypto entrepreneur for $6.2 million, people are still talking… and having a laugh. Animazing … Continue reading "PARODY ON $6.2M BANANA ART GRABS ATTENTION AT LAS VEGAS GALLERY"

<figure><img width="696" height="464" src="https://cryptocurrencynews.com/wp-content/uploads/2024/12/754487b2a2651d8a7178e437582a2366.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/12/754487b2a2651d8a7178e437582a2366.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/754487b2a2651d8a7178e437582a2366-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/754487b2a2651d8a7178e437582a2366-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>‘The Six Million Dollar Man with Banana’ by Mr. Hide Draws Crowds At Animazing Gallery at The Venetian Resort Las Vegas LAS VEGAS, Dec. 27, 2024 /PRNewswire/ — A month after comedian Maurizio Cattelan’s banana duct taped to a wall sold to a crypto entrepreneur for $6.2 million, people are still talking… and having a laugh. <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <a href="https://mma.prnewswire.com/media/2587974/Animazing_Gallery___Gallery.html" rel="nofollow noopener" target="_blank"> <img decoding="async" alt="Crowds gather outside Animazing Gallery at Grand Canal Shoppes at The Venetian Resort Las Vegas to see The Six Million Dollar Man with Banana art for sale for $6 million." src="https://mma.prnewswire.com/media/2587974/Animazing_Gallery___Gallery.jpg" title="Crowds gather outside Animazing Gallery at Grand Canal Shoppes at The Venetian Resort Las Vegas to see The Six Million Dollar Man with Banana art for sale for $6 million."></img> </a> </div> Animazing Gallery in the Grand Canal Shoppes at The Venetian Resort in Las Vegas, is having a little fun with the viral sensation – today unveiling a piece featuring a vintage 1973 Kenner The Six Million Dollar Man plastic toy doll holding an acrylic banana taped to a piece of white foam board – and it is grabbing attention! The 18 1/2-inch by 13 1/20-inch piece by “Mr. Hide,” also available on Artsy.net (<a href="https://c212.net/c/link/?t=0&l=en&o=4331361-1&h=429688891&u=https%3A%2F%2Fwww.artsy.net%2Fartwork%2Fmr-hide-the-six-million-dollar-man-with-banana&a=Mr.+Hide+%7C+The+Six+Million+Dollar+Man+with+Banana+(2024)+%7C+Available+for+Sale+%7C+Artsy" rel="nofollow noopener" target="_blank">Mr. Hide | The Six Million Dollar Man with Banana (2024) | Available for Sale | Artsy</a>) is priced at… you guessed it… $6 million. Could this be a playful mocking of the buyer of Cattelan’s piece? “The $6.2 million banana duct taped to a wall has certainly been the talk of the art world,” said Nicholas Leone, owner of Animazing Gallery. “It has lent itself to weeks of playful jest and awe, so it is not surprising that our ‘Six Million Dollar Man with Banana’ is already attracting crowds and an endless parade of people taking selfies with the piece at Animazing Gallery.” ABOUT ANIMAZING GALLERY Animazing Gallery began in 1984 as a gallery specializing in conceptual animation art. Over time, the collection expanded to include works by a wide range of renowned illustrators and pop culture artists. Animazing Gallery has become an industry stronghold for illustration art and contemporary art inspired by the masters of illustration and hosts pop up events throughout the United States to celebrate its artists and their works. Upon acquiring a collection of comic strips by Charles M. Schulz in 1995, the gallery began to focus on at American Illustrators. In the gallery’s search to find art exhibiting “the perfect line,” the owner soon discovered an important collection of drawings and watercolors by Theodor Seuss Geisel, better known as Dr. Seuss. The artwork was exhibited in numerous museum exhibitions. Owner Nicholas Leone serves as a consultant for numerous auction houses and handles gallery sales and acquisitions. The company’s featured gallery is located in the Grand Canal Shoppes at The Venetian Resort in Las Vegas and features an abundant repertoire of classic illustrators and contemporary artists. Media Contact: Terry Wills <a href="mailto:twills@willscom.com" rel="nofollow noopener" target="_blank">twills@willscom.com</a> 310-877-1458 <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=LA86376&sd=2024-12-27" title="Cision" width="12"></img> View original content to download multimedia:<a href="https://www.prnewswire.com/news-releases/parody-on-6-2m-banana-art-grabs-attention-at-las-vegas-gallery-302339516.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.com/news-releases/parody-on-6-2m-banana-art-grabs-attention-at-las-vegas-gallery-302339516.html</a> SOURCE Animazing Gallery <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=LA86376&Transmission_Id=202412271000PR_NEWS_USPR_____LA86376&DateId=20241227" style="border:0px;width:1px;height:1px"></img> Featured Image: Unplash @ traxer <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
Bybit Web3 Wallet Integrates Tonstakers: The First of Its TON Staking Offerings to Expand DeFi Opportunities

Sat, 28 Dec 2024 16:19:08 -0000

DUBAI, UAE, Dec. 27, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange,is excited to announce the integration of Tonstakers, the leading liquid staking protocol on the TON blockchain, into its Web3 Wallet. This marks the first of Bybit Web3’s TON staking offerings, reinforcing its commitment to expanding decentralized finance (DeFi) opportunities for its users. With … Continue reading "Bybit Web3 Wallet Integrates Tonstakers: The First of Its TON Staking Offerings to Expand DeFi Opportunities"

<figure><img width="777" height="412" src="https://cryptocurrencynews.com/wp-content/uploads/2024/12/91e648a124660f0d1a4d6cd0bcd32ff2-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/12/91e648a124660f0d1a4d6cd0bcd32ff2-1.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/91e648a124660f0d1a4d6cd0bcd32ff2-1-300x159.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/91e648a124660f0d1a4d6cd0bcd32ff2-1-768x407.jpg 768w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>DUBAI, UAE, Dec. 27, 2024 /PRNewswire/ — <a href="https://www.bybit.com/en/press" rel="nofollow noopener" target="_blank">Bybit</a>, the world’s second-largest cryptocurrency exchange,is excited to announce the integration of <a href="https://www.bybit.com/en/web3/staking/pool/87" rel="nofollow noopener" target="_blank">Tonstakers</a>, the leading liquid staking protocol on the TON blockchain, into its Web3 Wallet. This marks the first of Bybit Web3’s TON staking offerings, reinforcing its commitment to expanding decentralized finance (DeFi) opportunities for its users. With this integration, Bybit Web3 Wallet users can now seamlessly stake Toncoin ($TON) and receive $tsTON (Tonstakers LST) in return. The value of $tsTON increases relative to $TON every 26 hours, ensuring competitive rewards while contributing to the growth and success of the TON ecosystem. The integration also opens the door for 130 million users in the TON ecosystem to access TON staking directly within the Bybit Web3 Wallet. Bybit is dedicated to simplifying DeFi adoption by providing intuitive and user-friendly staking experiences. This milestone partnership with Tonstakers enables users to unlock annual returns estimated between 3% and 5% APY, with rewards automatically compounded, further cementing Bybit’s role as a leader in DeFi accessibility. Why Tonstakers Matters: The First of Its Kind Tonstakers is the inaugural partner in Bybit Web3’s TON staking initiative, setting a new standard for staking services. With a total value locked (TVL) exceeding $260 million and a significant market share in the liquid-staked TON sector, Tonstakers offers Bybit Web3 Wallet users unparalleled access to TON staking benefits: <ul type="disc"> <li>Effortless Staking: Securely stake $TON with ease, thanks to the user-friendly interface within the Bybit Web3 Wallet.</li> <li>Earn $tsTON Rewards: Receive tokenized staked Toncoin ($tsTON), which can be leveraged within DeFi applications across the TON ecosystem.</li> <li>Explore DeFi Liquidity: Engage with Tonstakers Earn to provide liquidity using $tsTON, unlocking diverse earning opportunities.</li> </ul> “Bybit Web3 is proud to deepen our integration with the TON blockchain, a crucial step in our mission to foster a thriving and interconnected Web3 ecosystem,” said Emily Bao, Head of Bybit Web3. “This integration empowers our users with seamless and trusted access to TON liquid staking pools and unlocks valuable earning opportunities. As a strong believer in DeFi adoption, Bybit Web3 is committed to bridging the gap between Web2 and Web3, creating simple, easy, and accessible solutions that bring the benefits of decentralized finance to a wider audience. We believe this integration will significantly contribute to the growth and success of the TON ecosystem.” Start Staking Today To begin staking your $TON and earning with $tsTON, visit <a href="https://www.bybit.com/en/web3/staking" rel="nofollow noopener" target="_blank">https://www.bybit.com/en/web3/staking</a> and discover the power of Bybit Web3 Wallet’s integration with Tonstakers. Bybit Web3 Wallet currently supports a wide range of staking services beyond TON tokens, including ETH, USDT, USDC, bbSOL, SUI, and more. <div dir="ltr" id="prni_dvprnejpgb2e4left" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt="Bybit Web3 Wallet Integrates Tonstakers: The First of Its TON Staking Offerings to Expand DeFi Opportunities" id="prnejpgb2e4left" src="https://mma.prnewswire.com/media/2588103/Bybit_Web3_Wallet_Integrates_Tonstakers_The_First_Its_TON_Staking.jpg" title="Bybit Web3 Wallet Integrates Tonstakers: The First of Its TON Staking Offerings to Expand DeFi Opportunities"></img></div> #Bybit / #TheCryptoArk / #BybitWeb3 About Bybit Web3 Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 130 million wallet addresses across over 30 major ecosystem partners, and counting. Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as the world’s second-largest cryptocurrency exchange by trading volume, trusted by over 60 million users globally. Join the revolution now and open the door to your Web3 future with Bybit. For more details about Bybit Web3, please visit <a href="https://www.bybit.com/en/promo/global/web3begins" rel="nofollow noopener" target="_blank">Bybit Web3.</a> 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_dvprnejpg922fleft" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt="Bybit Logo" id="prnejpg922fleft" src="https://mma.prnewswire.com/media/2267288/Logo.jpg" title="Bybit Logo"></img></div> Photo – <a href="https://mma.prnewswire.com/media/2588103/Bybit_Web3_Wallet_Integrates_Tonstakers_The_First_Its_TON_Staking.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2588103/Bybit_Web3_Wallet_Integrates_Tonstakers_The_First_Its_TON_Staking.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=EN86438&sd=2024-12-27" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/bybit-web3-wallet-integrates-tonstakers-the-first-of-its-ton-staking-offerings-to-expand-defi-opportunities-302339604.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/bybit-web3-wallet-integrates-tonstakers-the-first-of-its-ton-staking-offerings-to-expand-defi-opportunities-302339604.html</a> <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN86438&Transmission_Id=202412270755PR_NEWS_EURO_ND__EN86438&DateId=20241227" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ BiancoBlue <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
Asset Tokenization Revolutionizes Investments in 2025

Fri, 27 Dec 2024 20:57:49 -0000

Asset tokenization, the process of creating digital representations of real-world assets on a blockchain, has emerged as a key trend in both traditional and crypto finance. As companies like BlackRock (NYSE:BLK), Visa (NYSE:V), and Mastercard (NYSE:MA) adopt tokenization strategies, the technology promises to transform how assets are traded, managed, and utilized. Despite some challenges, asset … Continue reading "Asset Tokenization Revolutionizes Investments in 2025"

<figure><img width="696" height="458" src="https://cryptocurrencynews.com/wp-content/uploads/2024/04/BIS-on-Tokenization.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="asset Tokenization" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/04/BIS-on-Tokenization.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2024/04/BIS-on-Tokenization-300x197.jpg 300w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>Asset tokenization, the process of creating digital representations of real-world assets on a blockchain, has emerged as a key trend in both traditional and crypto finance. As companies like BlackRock (NYSE:BLK), Visa (NYSE:V), and Mastercard (NYSE:MA) adopt tokenization strategies, the technology promises to transform how assets are traded, managed, and utilized. Despite some challenges, asset tokenization is set to redefine the financial landscape by increasing liquidity, cutting costs, and enhancing efficiency. <h2>What Is Asset Tokenization?</h2> Asset tokenization involves converting physical or intangible assets—such as real estate, bonds, or art—into digital tokens stored on a blockchain. These tokens can represent ownership, simplify transactions, and make traditionally illiquid assets more accessible to investors. While the idea of <a href="https://cryptocurrencynews.com/market-news/state-street-and-taurus-collaborate-on-crypto-tokenization/">tokenization</a> has existed for years, its application has been limited. According to data tracker rwa.xyz, only 0.003% of the world’s assets have been tokenized. However, momentum is building as regulatory frameworks improve, and major institutions are exploring the technology’s potential. <h2>Institutional Adoption: A Game-Changer</h2> In 2024, BlackRock launched a tokenized money-market fund, signaling institutional confidence in the technology. Visa introduced a platform allowing banks to issue fiat-based tokens, and Mastercard partnered with JPMorgan Chase (NYSE:JPM) to settle cross-border transactions on the Kinexys blockchain platform. Kinexys processes $2 billion in daily transactions, showcasing blockchain’s capacity to handle large-scale financial operations. These moves are setting the stage for broader adoption. Boston Consulting Group predicts tokenized assets under management could exceed $600 billion by 2030, a massive leap from the current $2 billion. “Tokenization creates efficiency and opens new markets,” says Raj Dhamodharan, Mastercard’s executive vice president of blockchain and digital assets. <h2>Benefits of Asset Tokenization</h2> Asset tokenization offers numerous advantages: Liquidity: By breaking assets into smaller, tradeable tokens, investors gain access to markets traditionally reserved for high-net-worth individuals or institutions. Reduced Costs: Blockchain reduces intermediaries, lowering transaction fees and operational expenses. Speed: Transactions settle faster, especially for cross-border deals. Programmability: Smart contracts can automate processes like escrow or dividend payments, reducing counterparty risk. Rob Krugman, Chief Digital Officer at Broadridge, emphasizes tokenization’s transformative potential: “It may even be bigger than the internet. It’s fundamentally rethinking how markets work.” <h2>Risks and Concerns</h2> Despite its promise, asset tokenization presents risks. Poorly structured tokenization projects could lead to overpricing, investor exploitation, or exposure to security breaches. Nathan Allman, CEO of Ondo Finance, cautions: “Outside of Treasuries, there’s little value in tokenized public securities. Many projects distribute low-quality assets.” Additionally, tokenization may not suit all asset types. Carlos Domingo, CEO of Securitize, questions its application to real estate, while Noelle Acheson, author of Crypto Is Macro Now, views tokenized private equity as “a solution looking for a problem.” <h2>Regulatory Shifts Pave the Way</h2> A supportive regulatory environment is crucial for tokenization’s growth. The U.S. under President-elect Donald Trump is expected to adopt a more favorable stance, encouraging innovation in blockchain-based financial products. For instance, the Commodity Futures Trading Commission (CFTC) is exploring guidelines for using tokenized assets as collateral, further legitimizing their role in mainstream finance. Charlie You, co-founder of rwa.xyz, observes: “Regulatory clarity is accelerating timelines. Companies are now making things happen.” <h2>Future Outlook</h2> As tokenization gains traction, the financial industry is poised for a transformative shift. While challenges remain, the combination of institutional adoption, regulatory clarity, and technological advancements signals a bright future. Asset tokenization isn’t just a buzzword; it’s a movement reshaping how investors interact with markets. Whether it’s tokenized Treasuries, real estate, or art, the ability to fractionalize ownership and improve efficiency is unlocking new possibilities in finance. Featured Image: Freepik <a href="https://cryptocurrencynews.com/disclaimer">Please See Disclaimer</a>
Bitcoin Price Predictions for 2025: What to Expect

Fri, 27 Dec 2024 20:50:08 -0000

The cryptocurrency market continues to evolve, with Bitcoin price predictions fueling investor enthusiasm. Bitcoin (BTCUSD) broke the $100,000 mark in 2024, driven by surging institutional demand and regulatory optimism. As 2025 approaches, analysts and market participants are closely watching for clues about Bitcoin’s next big move. The Role of Regulation in Bitcoin’s Future A significant … Continue reading "Bitcoin Price Predictions for 2025: What to Expect"

<figure><img width="696" height="464" src="https://cryptocurrencynews.com/wp-content/uploads/2024/07/SL_0212121_40670_20-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Bitcoin price" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/07/SL_0212121_40670_20-1.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2024/07/SL_0212121_40670_20-1-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/07/SL_0212121_40670_20-1-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>The cryptocurrency market continues to evolve, with Bitcoin price predictions fueling investor enthusiasm. Bitcoin (BTCUSD) broke the $100,000 mark in 2024, driven by surging institutional demand and regulatory optimism. As 2025 approaches, analysts and market participants are closely watching for clues about Bitcoin’s next big move. <h2>The Role of Regulation in Bitcoin’s Future</h2> A significant factor shaping Bitcoin’s future is regulatory clarity. The election of Donald Trump and crypto-friendly lawmakers has ignited optimism within the cryptocurrency sector. Trump has pledged to remove SEC Chair Gary Gensler and appoint crypto advocate Paul Atkins to lead the agency. While these developments inspire hope, there’s uncertainty about how quickly comprehensive regulation will materialize. Castle Island Ventures Partner Nic Carter suggests that stablecoin legislation will take precedence, followed by a crypto market structure bill to clarify whether assets are securities or commodities. The regulatory environment could profoundly influence Bitcoin price predictions, with a clear framework likely to attract more institutional investors. However, as Sarah Brennan of Delphi Ventures notes, Trump’s stance on decentralized finance (DeFi) remains inconsistent, adding an element of unpredictability. <h2>Bitcoin’s Price Potential: $200,000 by 2025?</h2> Analysts have issued bold forecasts for Bitcoin’s price trajectory in 2025. Bitwise projects Bitcoin could reach $200,000, while VanEck estimates a more conservative $180,000. These predictions hinge on continued institutional adoption and the lasting impact of the 2024 Bitcoin halving event, which reduced the supply of new coins entering circulation. Bitcoin’s finite supply—capped at 21 million coins—is a key driver behind these optimistic projections. With 19.79 million coins already in circulation, scarcity continues to push demand. Institutional interest further bolsters these predictions. Spot Bitcoin ETFs have attracted over $36 billion in investments, and corporations like MicroStrategy (NASDAQ:MSTR) hold significant Bitcoin reserves. As of December 2024, MicroStrategy owned 444,262 BTC, worth approximately $42 billion. Despite these bullish trends, historical patterns suggest caution. Bitcoin operates on a four-year halving cycle, typically leading to market corrections. However, economist Alex Kruger believes <a href="https://www.cryptoglobe.com/latest/2024/12/bitcoin-is-highly-likely-in-a-supercycle-says-prominent-macro-economist-alex-kruger/" target="_blank" rel="noopener">Bitcoin is in a “supercycle,”</a> characterized by smaller corrections of 20%-40%, rather than the drastic 85% drawdowns seen in the past. <h2>Macro Factors That Could Impact Bitcoin</h2> External economic conditions remain a wildcard for Bitcoin’s performance in 2025. The Federal Reserve’s decision to slow interest rate cuts could dampen Bitcoin’s appeal compared to traditional assets like Treasury bonds. High Treasury yields might divert investor capital away from riskier assets, including Bitcoin. Nonetheless, Bitcoin’s established role as “digital gold” could insulate it from broader economic headwinds. Its decentralized nature and growing institutional backing position it as a hedge against inflation and economic instability. <h2>Will Altcoins Follow Bitcoin’s Lead?</h2> While Bitcoin has dominated the cryptocurrency narrative, questions remain about the fate of altcoins. The Bitcoin Dominance Index, which measures Bitcoin’s share of the total crypto market, has reached new highs, suggesting Bitcoin continues to outpace its peers. Financial institutions are exploring ETFs for assets beyond Bitcoin and Ethereum (ETHUSD), including XRP (XRPUSD). However, it’s uncertain whether these altcoins will enjoy the same level of enthusiasm. Seth Ginns of CoinFund notes that Bitcoin’s dominance has historically been cyclical, with altcoins gaining traction only after Bitcoin significantly surpasses its previous highs. <h2>Conclusion</h2> The year 2025 promises to be pivotal for Bitcoin and the broader cryptocurrency market. With <a href="https://cryptocurrencynews.com/investing-news/bitcoin-price-levels-to-watch/">Bitcoin price</a> predictions ranging from $180,000 to $200,000, the stage is set for significant developments. Institutional interest, regulatory clarity, and macroeconomic factors will play crucial roles in determining whether Bitcoin achieves these ambitious milestones. While Bitcoin leads the charge, the fate of altcoins and the broader crypto market remains uncertain. As investors navigate this rapidly evolving landscape, the focus will remain on how regulation and institutional adoption reshape the cryptocurrency ecosystem. Featured Image: Freepik © starline <a href="https://cryptocurrencynews.com/disclaimer" target="_blank" rel="noopener">Please See Disclaimer</a>
Markets Show Resilience Ahead of End-of-Year Options Expirations: Bybit x Block Scholes Crypto Derivatives Report

Fri, 27 Dec 2024 16:19:08 -0000

DUBAI, UAE, Dec. 26, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, released the latest Crypto Derivatives Analytics Report in collaboration with Block Scholes, highlighting the muted market volatility despite major options expirations on Friday. BTC and ETH’s realized volatility has increased, but short-term options haven’t adjusted to this change. This … Continue reading "Markets Show Resilience Ahead of End-of-Year Options Expirations: Bybit x Block Scholes Crypto Derivatives Report"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2024/12/a7f9e7805c62afa70cb16cbed74e5a0c.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/12/a7f9e7805c62afa70cb16cbed74e5a0c.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/a7f9e7805c62afa70cb16cbed74e5a0c-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/a7f9e7805c62afa70cb16cbed74e5a0c-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/a7f9e7805c62afa70cb16cbed74e5a0c-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>DUBAI, UAE, Dec. 26, 2024 /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, released <a href="https://learn.bybit.com/crypto-insight/bybit-x-block-scholes-crypto-derivatives-analytics-report-dec-24-2024/" rel="nofollow noopener" target="_blank">the latest Crypto Derivatives Analytics Report</a> in collaboration with Block Scholes, highlighting the muted market volatility despite major options expirations on Friday. BTC and ETH’s realized volatility has increased, but short-term options haven’t adjusted to this change. This indicates that while spot prices are fluctuating, the options market is not fully reacting to these shifts, although BTC and ETH volumes have displayed slightly different patterns. With more than $525 million in BTC and ETH options contracts expiring on Dec 27, 2024’s end-of-year options expiration looks set to be one of the biggest yet, yet expectations for volatility have remained subdued. The report highlights an unusual inversion in ETH’s volatility structure, but BTC has not mirrored the reaction. Additionally, a change in funding rates—sometimes turning negative as spot prices drop—signals a new market phase. Notably, BTC’s volatility structure has been less responsive to changes in spot prices, whereas ETH’s short-term options are exhibiting more noticeable fluctuations. Key Findings: BTC Options Expirations: In the past month, BTC’s realized volatility has been higher than implied volatility on three occasions, each time reaching a relatively calm equilibrium. Open interest in BTC options remains high, contributing to potential increased volatility as we near the end of the year. Around $360 million worth of BTC options (both puts and calls) are set to expire soon, which can affect price movement. ETH Options: Calls Dominate <div dir="ltr" id="prni_dvprnejpg98cbleft" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt="Sources: Bybit, Block Scholes" id="prnejpg98cbleft" src="https://mma.prnewswire.com/media/2587821/Sources_Bybit_Block_Scholes.jpg" title="Sources: Bybit, Block Scholes"></img></div> Despite a mid-week inversion, ETH’s volatility term structure has flattened, maintaining levels similar to those seen over the past month. In the final week of 2024, calls overwhelmed puts in open interest in ETH options, although market movements and trading activities are more on the put side. Access the Full Report: Gain deeper insights and explore the potential impacts on your crypto trading strategies by downloading the full report here: <a href="https://drive.google.com/file/d/1tQdVfJh5X0zskf9fhUbn58FFuJdYHqqi/view" rel="nofollow noopener" target="_blank">Bybit X Block Scholes Crypto Derivatives Analytics Report (Dec 24, 2024)</a> #Bybit / #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"> </a><a href="http://bybit.com/" rel="nofollow noopener" target="_blank">Bybit.com</a>. For media inquiries, please contact: <a href="mailto:media@bybit.com" rel="nofollow noopener" target="_blank">media@bybit.com</a> For more information, please visit: <a href="https://www.bybit.com/" rel="nofollow noopener" target="_blank">https://www.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> Photo – <a href="https://mma.prnewswire.com/media/2587821/Sources_Bybit_Block_Scholes.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2587821/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=EN86191&sd=2024-12-26" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/markets-show-resilience-ahead-of-end-of-year-options-expirations-bybit-x-block-scholes-crypto-derivatives-report-302339299.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/markets-show-resilience-ahead-of-end-of-year-options-expirations-bybit-x-block-scholes-crypto-derivatives-report-302339299.html</a> <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN86191&Transmission_Id=202412260849PR_NEWS_EURO_ND__EN86191&DateId=20241226" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ KostyaKlimenko <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
BC.GAME Launches Monkey King-Themed Slot Game Wukong

Thu, 26 Dec 2024 16:19:07 -0000

NICOSIA, Cyprus, Dec. 26, 2024 /PRNewswire/ — BC.GAME has launched its latest slot game, Wukong, inspired by the highly acclaimed Black Myth: Wukong, a groundbreaking AAA game that has captivated players worldwide. Officially released on December 24, this 6-reel, 5-row slot game allows players to experience the essence of Wukong’s legendary journey while aiming for rewards … Continue reading "BC.GAME Launches Monkey King-Themed Slot Game Wukong"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2024/12/0e6fc84831d9f32685193874621acbb6-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/12/0e6fc84831d9f32685193874621acbb6-1.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/0e6fc84831d9f32685193874621acbb6-1-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/0e6fc84831d9f32685193874621acbb6-1-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/0e6fc84831d9f32685193874621acbb6-1-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>NICOSIA, Cyprus, Dec. 26, 2024 /PRNewswire/ — <a href="https://bc.game/" rel="nofollow noopener" target="_blank">BC.GAME</a> has launched its latest slot game, <a href="https://bc.game/game/wukong-by-bc-originals" rel="nofollow noopener" target="_blank">Wukong</a>, inspired by the highly acclaimed Black Myth: Wukong, a groundbreaking AAA game that has captivated players worldwide. Officially released on December 24, this 6-reel, 5-row slot game allows players to experience the essence of Wukong’s legendary journey while aiming for rewards of up to 10,000 times their bet. <div dir="ltr" id="prni_dvprnejpg6be1left" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt=" " id="prnejpg6be1left" src="https://mma.prnewswire.com/media/2496049/BC_GAME_Logo.jpg" title=" "></img></div> The game incorporates iconic symbols and elements from Black Myth: Wukong, such as the Ruyi staff, gourd bottles, and treasure pearls, designed to recreate the mythical atmosphere of the original story. The addition of the Sticky Symbols feature enhances gameplay by keeping special symbols locked in place during free spins, significantly increasing the chances of winning and unlocking larger rewards. Dark Visual Design and Storytelling Behind Wukong The visual design of <a href="https://bc.game/game/wukong-by-bc-originals" rel="nofollow noopener" target="_blank">Wukong</a> draws from traditional Chinese art styles, blending elements from Journey to the West. The reels are filled with recognizable symbols like the Ruyi staff, gourd bottles, and treasure pearls. These symbols immerse players in the mythical world of the story, faithfully recreating key moments from the novel, such as Sun Wukong’s havoc in Heaven and his encounters with the White Bone Demon. The game’s background is rooted in Journey to the West, where Sun Wukong embarks on a journey with the monk Tang Seng and his companions to obtain sacred scriptures. Each detail of the game is carefully crafted to bring this legendary tale to life, offering a unique gaming experience and a tribute to Chinese culture and mythology. Key Features of the Wukong Slot Game: Free Spins and Bonus Opportunities: Triggering free spins unlocks additional reward mechanisms, increasing the chances of landing big wins. Sticky Symbols Feature: Special symbols remain in place during free spins, greatly enhancing winning potential. Up to 10,000x Max Win: The game offers a maximum payout of up to 10,000 times the bet, providing significant winning opportunities. “Wukong is not just about spinning reels; it’s about experiencing a rich part of Chinese culture. We’ve worked hard to ensure the game is stunning and fun and engaging for players, with layers of features that add excitement. We’re proud to offer a game that blends storytelling with gameplay, and we think players will love the journey through Wukong’s legendary world,” Jack Dorset, CEO of BC.GAME said. About BC.GAME BC.GAME is a leading online gaming platform that integrates blockchain technology and cryptocurrency into its casino games, by offering a secure, transparent, and decentralized experience, BC.GAME allows players to enjoy a variety of gaming options, including slots, table games, and live casino offerings. The platform is dedicated to providing players with exciting, fair, and innovative ways to engage with the world of gaming. citing, fair, and innovative ways to engage with the world of gaming. Logo – <a href="https://mma.prnewswire.com/media/2496049/BC_GAME_Logo.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2496049/BC_GAME_Logo.jpg</a> <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN86068&sd=2024-12-26" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/bcgame-launches-monkey-king-themed-slot-game-wukong-302339192.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/bcgame-launches-monkey-king-themed-slot-game-wukong-302339192.html</a> <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN86068&Transmission_Id=202412260118PR_NEWS_EURO_ND__EN86068&DateId=20241226" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ Piter2121 <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
Bybit Champions Web3 Innovation and Strengthens Ties with Asia’s Crypto Community at Taipei Blockchain Week

Wed, 25 Dec 2024 16:19:09 -0000

DUBAI, UAE, Dec. 24, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange, debuted at the Taipei Blockchain Week Dec. 12 to 14, 2024, spotlighting the vibrant Web3 innovations on its platform alongside a dynamic roster of its strategic Layer 1 ecosystem partners. Featuring side events in collaboration with the Solana Foundation, the Sui Foundation, … Continue reading "Bybit Champions Web3 Innovation and Strengthens Ties with Asia’s Crypto Community at Taipei Blockchain Week"

<figure><img width="696" height="464" src="https://cryptocurrencynews.com/wp-content/uploads/2024/12/3365e77214b03e142f2a067480311b79-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/12/3365e77214b03e142f2a067480311b79-1.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/3365e77214b03e142f2a067480311b79-1-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/3365e77214b03e142f2a067480311b79-1-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>DUBAI, UAE, Dec. 24, 2024 /PRNewswire/ — <a href="https://www.bybit.com/en/press" rel="nofollow noopener" target="_blank">Bybit</a>, the world’s second-largest cryptocurrency exchange, debuted at the Taipei Blockchain Week Dec. 12 to 14, 2024, spotlighting the vibrant Web3 innovations on its platform alongside a dynamic roster of its strategic Layer 1 ecosystem partners. Featuring side events in collaboration with the Solana Foundation, the Sui Foundation, and a dazzling lineup of multichain projects, Bybit Web3 dedicated the Taipei tour to building up communities and deepening connections with Web3 ecosystem partners. The Bybit delegation also took the stage to uncover the latest insights on Web3, building with a purpose, and the future of blockchain utilities and DeFi. Purpose, Innovation, and Partnerships Representing Bybit at the conference were MK Chin, Core Contributor for Blockchain for Good Alliance and Head of Marketing of Bybit Web3, and Angela Huang, Bybit VIP Relationship Manager, at various panels. Expanding on blockchain technology’s potential in building better realities for all, Chin joined as a panellist in the session Marketing Web3: Strategies to Engage and Onboard the Next Billion Users. Chin shared learnings and actionable insights from the Bybit-supported <a href="https://www.blockchainforgood.xyz/" rel="nofollow noopener" target="_blank">Blockchain for Good</a> initiative (BGA), elaborating on both real-world utilities of blockchain technologies and the trickling down of benefits to grassroot communities. Meanwhile, Angela Huang moderated three sessions closely tied to Bybit’s mission, steering conversations on crucial industry topics: <ul type="disc"> <li>The panel Bridging TradFi and DeFi: The Exchange’s Role in User Onboarding on Dec. 12 examined how exchanges could elevate access to the digital economy for users at scale.</li> <li>On Dec. 13, Networked Intelligence: The Rise of Decentralized AI explored the intersection of blockchain and AI, showcasing their potential to transform and democratize finance.</li> <li>The Building for Impact: How Female Founders Drive Purpose-Driven Innovation panel on Dec. 14 highlighted the evolving role of women leaders in driving solution-oriented innovation.</li> </ul> Another highlight at the event was amplified globally via <a href="https://www.bybit.com/press/live-stream" rel="nofollow noopener" target="_blank">Bybit Livestream</a>. Collaborating with the Sui Foundation, Ondo, DeepBook, Scallop, NAVI, and other leading projects, Bybit Web3 led a critical debate on the future of Sui’s growth strategy: <a href="https://www.bybit.com/en/press/live/web3-sui-wonderland" rel="nofollow noopener" target="_blank">Sui Ecosystem Showdown: Mass Adoption vs. Native Growth</a>. Hosted by Emily Bao, Head of Web3 and Spot at Bybit, the livestream attracted over 6,500 viewers live at the Taipei Blockchain Week and globally on Dec. 13. Deepening Bonds: Key Web3 Ecosystems and Communities Bybit Web3 brought the local community closer to its world-class ecosystem partners with engaging community events, co-hosting Taiwan DeFi Flow with Sui and Scallop on Dec. 12, and Solana Ecosystem Taipei Greetings with the Solana Foundation and Solar with the support of Orderly Network, Zetachain, Jupiter, and Sonic, on Dec. 14. Through collaborations and innovation, Bybit Web3 opens up new on-chain possibilities for partners and stakeholders to expand the Web3 universe. These relaxed evening gatherings provided a convivial backdrop for like-minded builders and entrepreneurs to network, exchange ideas, and celebrate their shared enthusiasm for DeFi and dApps in Asia’s growing Web3 innovation hub. “It’s been an incredible experience connecting with the builders, believers, users, creators, and supporters driving innovation on Solana and Sui. These moments remind us of the heart and spirit of Web3—a vibrant ecosystem shaped by collaboration and shared vision. I’m deeply proud to witness this growth, grateful for every connection made, and excited for the road ahead,” said MK Chin, Core Contributor for Blockchain for Good Alliance and Head of Marketing of Bybit Web3. “Taipei Blockchain Week showcased the immense growth and potential of Web3 innovation in Asia. Representing Bybit, I had the honor to collaborate with industry leaders to explore Web3’s limitless possibilities, from DeFi and AI to real-world applications. Together, we are shaping a more inclusive global crypto community,” said Angela Huang, Bybit VIP Relationship Manager. In the past year, Bybit has seen exponential growth in its user base, surging to over 60 million by the end of 2024. It has also invested in vertical growth through community engagements across the world. Connected by the passion for the future of crypto, blockchain, and Web3, the Bybit family is on track to building an inclusive and sustainable path to growth for the industry. <div dir="ltr" id="prni_dvprnejpgc938left" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt="BGA’s MK Chin at the Marketing Web3: Strategies to Engage and Onboard the Next Billion Users panel at Taipei Blockchain Week 2024." id="prnejpgc938left" src="https://mma.prnewswire.com/media/2587313/1.jpg" title="BGA’s MK Chin at the Marketing Web3: Strategies to Engage and Onboard the Next Billion Users panel at Taipei Blockchain Week 2024."></img></div> <div dir="ltr" id="prni_dvprnejpg39aeleft" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt="Bybit’s Angela Huang at the Networked Intelligence: The Rise of Decentralized AI panel at Taipei Blockchain Week 2024." id="prnejpg39aeleft" src="https://mma.prnewswire.com/media/2587314/2.jpg" title="Bybit’s Angela Huang at the Networked Intelligence: The Rise of Decentralized AI panel at Taipei Blockchain Week 2024."></img></div> #Bybit / #TheCryptoArk / #BybitWeb3 About Bybit Web3 Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 130 million wallet addresses across over 30 major ecosystem partners, and counting. Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as the world’s second-largest cryptocurrency exchange by trading volume, trusted by over 50 million users globally. Join the revolution now and open the door to your Web3 future with Bybit. For more details about Bybit Web3, please visit <a href="https://www.bybit.com/en/promo/global/web3begins" rel="nofollow noopener" target="_blank">Bybit Web3.</a> 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_dvprnejpg0be9left" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt="Bybit Logo" id="prnejpg0be9left" src="https://mma.prnewswire.com/media/2267288/Logo.jpg" title="Bybit Logo"></img></div> Photo – <a href="https://mma.prnewswire.com/media/2587313/1.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2587313/1.jpg</a> Photo – <a href="https://mma.prnewswire.com/media/2587314/2.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2587314/2.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=EN85873&sd=2024-12-24" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/bybit-champions-web3-innovation-and-strengthens-ties-with-asias-crypto-community-at-taipei-blockchain-week-302338874.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/bybit-champions-web3-innovation-and-strengthens-ties-with-asias-crypto-community-at-taipei-blockchain-week-302338874.html</a> <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN85873&Transmission_Id=202412240708PR_NEWS_EURO_ND__EN85873&DateId=20241224" style="border:0px;width:1px;height:1px"></img> Featured Image: Unplash @ Kanchanara <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
GCL Energy Technology and Ant Digital Technologies Launch First Blockchain-Based RWA Project in Photovoltaic Industry

Tue, 24 Dec 2024 16:19:09 -0000

SUZHOU, China, Dec. 23, 2024 /PRNewswire/ — GCL Energy Technology Co., Ltd., a leader in the clean energy sector, and Ant Digital Technologies, a pioneer in digital technology services and blockchain technology, have achieved a significant milestone by successfully completing the first-ever Real World Asset Tokenization (RWA) issuance in China’s photovoltaic industry, securing 200 million yuan … Continue reading "GCL Energy Technology and Ant Digital Technologies Launch First Blockchain-Based RWA Project in Photovoltaic Industry"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2024/12/8652ab2a4a71a01e1b01746660dc61a7-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/12/8652ab2a4a71a01e1b01746660dc61a7-1.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/8652ab2a4a71a01e1b01746660dc61a7-1-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/8652ab2a4a71a01e1b01746660dc61a7-1-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/8652ab2a4a71a01e1b01746660dc61a7-1-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>SUZHOU, China, Dec. 23, 2024 /PRNewswire/ — GCL Energy Technology Co., Ltd., a leader in the clean energy sector, and Ant Digital Technologies, a pioneer in digital technology services and blockchain technology, have achieved a significant milestone by successfully completing the first-ever Real World Asset Tokenization (RWA) issuance in China’s photovoltaic industry, securing 200 million yuan in cross-border financing. The groundbreaking initiative on December 23 not only injects substantial new capital into GCL Energy Technology’s ambitious growth plans but also establishes a novel financing model for Chinese photovoltaic companies seeking to fund green projects internationally. <div dir="ltr" id="prni_dvprnejpg4b77left" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt="GCL Energy Technology and Ant Digital Technologies Launch First Blockchain-Based RWA Project in Photovoltaic Industry" id="prnejpg4b77left" src="https://mma.prnewswire.com/media/2586830/1.jpg" title="GCL Energy Technology and Ant Digital Technologies Launch First Blockchain-Based RWA Project in Photovoltaic Industry"></img></div> RWA represents a transformative approach to asset management, where physical assets are digitized as tokens on the blockchain, enhancing liquidity and market accessibility. For this inaugural issuance, GCL Energy Technology has tokenized two strategically significant solar power plants in Hunan and Hubei, with a combined capacity of approximately 82MW, to spearhead this new financing frontier. As the core entity of China’s largest private power conglomerate, GCL (Group) Holdings Co., Ltd., GCL Energy Technology is at the forefront of integrating clean energy production with comprehensive energy services and advanced digital operations. The company has significantly expanded its renewable energy footprint, with its total installed capacity reaching 5976.36 megawatts as of September 30, 2024, and renewable sources constituting 57.81% of this capacity. Notably, under the GCL SUN brand, residential photovoltaic installations have surged to 1105.89 megawatts across more than 36,500 households, demonstrating robust growth. This RWA initiative is a cornerstone in GCL Energy Technology’s strategy to harness data for asset valorization, involving around 3000 residential photovoltaic systems. By integrating cutting-edge artificial intelligence, blockchain, and IoT technologies, the project packages and stores operational and revenue data on the blockchain. This dual-chain and one-bridge architecture has garnered strong backing from prominent global investors, reinforcing RWA’s role as a pivotal green finance tool that underscores the company’s commitment to sustainable development and transparency. The move not only bolsters GCL Energy Technology’s global ESG credentials but also strengthens its position in the international market, aligning investor interests with the burgeoning demand for environmentally responsible, low-carbon investments. Looking ahead, GCL Energy Technology remains dedicated to leading the charge in renewable energy, with a strategic focus on leveraging data to drive innovation across the sector and foster a transparent, effective ESG ecosystem. During the issuance event, Ant Digital Technologies emphasized that industries are increasingly adopting renewable energy and sustainable assets to drive sustainable growth, and its partnership with GCL Energy Technology aims to better support this trend. Leveraging blockchain and smart contract technologies, the collaboration has dramatically improved the transparency and efficiency of asset management, operations, and transactions, while also reducing costs associated with these activities. The strategic alliance is a response to the growing market demand in the photovoltaic sector, bringing substantial practical benefits to the real economy and demonstrating the scalability of these advanced technologies. At the same event, strategic ties were further cemented with a comprehensive partnership agreement signed with Ant Digital Technologies in Suzhou. The partnership will broaden to include joint construction, acquisition, and securitization of new energy assets, covering distributed, commercial, industrial, and residential photovoltaic power stations. In addition, both parties will collaborate to develop AI large model applications for various scenarios including new energy generation forecasting, energy management optimization, and intelligent operations, driving the industry’s move towards enhanced intelligence and sustainability. <div dir="ltr" id="prni_dvprnejpgcc17left" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt=" " id="prnejpgcc17left" src="https://mma.prnewswire.com/media/2586835/GCLET_Logo.jpg" title=" "></img></div> Photo – <a href="https://mma.prnewswire.com/media/2586830/1.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2586830/1.jpg</a> Logo – <a href="https://mma.prnewswire.com/media/2586835/GCLET_Logo.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2586835/GCLET_Logo.jpg</a> <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN85449&sd=2024-12-23" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/gcl-energy-technology-and-ant-digital-technologies-launch-first-blockchain-based-rwa-project-in-photovoltaic-industry-302338353.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/gcl-energy-technology-and-ant-digital-technologies-launch-first-blockchain-based-rwa-project-in-photovoltaic-industry-302338353.html</a> <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN85449&Transmission_Id=202412230730PR_NEWS_EURO_ND__EN85449&DateId=20241223" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ igonconcept <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
Crypto Hedge Funds Face Banking Challenges

Mon, 23 Dec 2024 21:54:32 -0000

A new survey highlights an alarming trend: crypto hedge funds are struggling to access basic banking services. The findings, released by the Alternative Investment Management Association (AIMA) in its report The Debanking Dilemma, reveal that three-quarters of the 160 crypto hedge funds surveyed reported significant banking challenges over the past three years. In stark contrast, … Continue reading "Crypto Hedge Funds Face Banking Challenges"

<figure><img width="696" height="464" src="https://cryptocurrencynews.com/wp-content/uploads/2024/07/bitcoin-cryptocurrency-digital-money-golden-coin-technology-business-concept-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="crypto Hedge Funds" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/07/bitcoin-cryptocurrency-digital-money-golden-coin-technology-business-concept-1.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2024/07/bitcoin-cryptocurrency-digital-money-golden-coin-technology-business-concept-1-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/07/bitcoin-cryptocurrency-digital-money-golden-coin-technology-business-concept-1-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>A new survey highlights an alarming trend: crypto hedge funds are struggling to access basic banking services. The findings, released by the Alternative Investment Management Association (AIMA) in its report The Debanking Dilemma, reveal that three-quarters of the 160 crypto hedge funds surveyed reported significant banking challenges over the past three years. In stark contrast, none of the 20 traditional hedge funds surveyed experienced similar issues. This stark disparity raises questions about potential targeting of the cryptocurrency sector, sparking outrage and demands for clarity within the industry. <h2>Operation Chokepoint 2.0 in Action</h2> The term “Operation Chokepoint 2.0” has gained traction as crypto hedge funds and related businesses face growing barriers to financial services. This phenomenon draws parallels to the original “Operation Choke Point,” a controversial regulatory program initiated in 2013 by the U.S. Department of Justice. The original Operation Choke Point aimed to limit banking access for industries deemed “high risk,” such as payday lenders and ammunition merchants. Though largely inactive by 2017, the regulatory strategy has seemingly been revived, this time targeting cryptocurrency. According to a 2023 report by law firm Cooper & Kirk, the Office of the Comptroller of the Currency (OCC) initiated the first wave of Operation Chokepoint 2.0 in late 2021, issuing guidance that curtailed banks’ involvement with cryptocurrency businesses. <h2>Industry Leaders Call for Transparency</h2> The crypto industry is fighting back. Paul Grewal, Chief Legal Officer at Coinbase (NASDAQ:COIN), voiced his frustration on X, formerly Twitter, stating, “Why would three-quarters of crypto hedge funds report issues with basic banking services over three years when zero were reported by other hedge funds? We need answers, now.” Coinbase, one of the largest cryptocurrency exchanges, has taken an active role in challenging these regulatory practices, calling for fair treatment and transparency. <h2>A Divided Political Landscape</h2> As regulatory pressures mount, the upcoming U.S. presidential election could play a pivotal role in determining the future of Operation Chokepoint 2.0. Pro-crypto voices, including Donald Trump, have vowed to end the practice if elected. During his keynote at the Bitcoin Conference in July, Trump declared, “I will immediately shut down Operation Chokepoint 2.0. They want to choke you out of business, and we’re not going to let that happen.” Meanwhile, the Biden administration continues to support enhanced oversight of the crypto sector, citing concerns over fraud, money laundering, and systemic risk. <h2>The Road Ahead for Crypto Hedge Funds</h2> The survey findings underscore the urgent need for dialogue between the crypto industry, regulators, and policymakers. Without access to reliable banking services, crypto hedge funds may face operational difficulties that hinder growth and innovation. For <a href="https://cryptocurrencynews.com/investing-news/hedge-funds-reenter-crypto/">crypto hedge funds</a>, building relationships with alternative financial service providers and advocating for regulatory clarity may be key strategies to navigate these challenges. As the industry grows, the demand for equitable banking services remains a central concern. The crypto industry’s ability to overcome these obstacles will likely depend on how effectively it can unify its voice to demand change and counter the effects of Operation Chokepoint 2.0. Featured Image: Freepik <a href="https://cryptocurrencynews.com/disclaimer">Please See Disclaimer</a>
US Crypto Industry Eyes Trump’s Day-One Executive Orders

Mon, 23 Dec 2024 21:35:37 -0000

As President-elect Donald Trump prepares to take office on January 20, 2025, the cryptocurrency industry is eagerly awaiting his promised crypto policy overhaul. Industry insiders are hoping Trump will use his first day in office to issue a series of executive orders that would dramatically reshape the regulatory landscape for cryptocurrencies. These orders could lay … Continue reading "US Crypto Industry Eyes Trump’s Day-One Executive Orders"

<figure><img width="696" height="464" src="https://cryptocurrencynews.com/wp-content/uploads/2024/06/19910-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Crypto regulations" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/06/19910-1.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2024/06/19910-1-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/06/19910-1-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>As President-elect Donald Trump prepares to take office on January 20, 2025, the cryptocurrency industry is eagerly awaiting his promised crypto policy overhaul. Industry insiders are hoping Trump will use his first day in office to issue a series of executive orders that would dramatically reshape the regulatory landscape for cryptocurrencies. These orders could lay the groundwork for a new era of crypto regulations, including measures to mainstream digital currencies like Bitcoin (BTC). <h2>The Push for Crypto Regulations Reform</h2> During his campaign, Trump made bold promises to become the “<a href="https://www.salon.com/2024/12/23/and-crypto-how-friendly-is-too-friendly/" target="_blank" rel="noopener">crypto president</a>,” signaling his intent to foster growth within the cryptocurrency industry. As the US crypto industry faces regulatory uncertainty under the Biden administration, the push for reform has grown louder. Companies and stakeholders are now urging Trump to deliver on his campaign promise by signing executive orders that would introduce key changes to the industry’s structure. The primary goals are clear: creating a national Bitcoin stockpile, providing easier access to banking for crypto companies, and establishing a dedicated crypto council to ensure smooth industry operations. These initiatives, if realized, would serve as a foundational shift in how cryptocurrencies are integrated into the broader financial ecosystem. <h2>Bitcoin Stockpile and Banking Access</h2> Among the most anticipated changes is Trump’s proposed Bitcoin stockpile. The idea of creating a strategic reserve of Bitcoin has been gaining traction, with industry groups like the Bitcoin Policy Institute drafting a potential executive order to make this a reality. The draft order suggests that Bitcoin should be designated as a strategic asset, with the Treasury Secretary tasked with purchasing $21 billion worth of Bitcoin over a year to build a national reserve. This move would position the United States as a global leader in the cryptocurrency space, countering the rise of rival nations like China and Russia, which have also been exploring state-backed crypto reserves. According to Zack Shapiro, the Bitcoin Policy Institute’s head of policy, this initiative would ensure the US is well-positioned to capitalize on Bitcoin’s potential without falling behind its geopolitical competitors. Additionally, many crypto companies have long struggled to gain access to banking services due to regulatory concerns. Trump’s campaign rhetoric suggested he would take action to address these challenges. Crypto executives are hopeful that one of the first executive orders will ease restrictions on banks, allowing them to work with crypto firms more freely. While some experts warn that an executive order may not immediately change federal bank regulators’ stance, it would provide important political cover for banks considering partnerships with crypto companies. <h2>Creation of a Crypto Industry Council</h2> Another major expectation from the crypto industry is the creation of a crypto council. Similar to past administrations’ creation of specialized councils for specific industries, this council would focus on issues related to cryptocurrency, helping shape regulatory frameworks and streamline industry development. The council would provide a platform for stakeholders to collaborate with the government on the future of crypto regulations. In his efforts to modernize the financial system, Trump may look to implement an executive order that revisits and redefines existing crypto regulations. According to financial expert Jonah Krane, it is possible that Trump will issue a directive urging agencies to review and update their rules to better suit the rapidly evolving crypto industry. This move would provide a clearer regulatory environment for crypto firms to operate in, potentially fostering greater innovation and investment. <h2>Expectations for Trump’s Crypto Regulations</h2> The cryptocurrency industry is optimistic about the potential for regulatory changes under a Trump administration. However, some executives caution that immediate, sweeping changes may be unlikely, as many regulations are shaped by independent agencies. Nevertheless, Trump’s administration could provide essential direction on crypto regulations and offer a roadmap for future legislative efforts. In the coming months, the crypto community will be closely watching as President Trump takes office and begins to fulfill his promises of becoming a champion for digital currencies. The anticipation surrounding potential executive orders on day one is high, and many within the industry hope that Trump will make good on his campaign commitment to position the US as a leader in the global crypto space. Featured Image: Freepik <a href="https://cryptocurrencynews.com/disclaimer">Please See Disclaimer</a>
Surprises Guaranteed: Bybit Card Dishes Out Rewards in Holiday Giveaway

Mon, 23 Dec 2024 16:19:07 -0000

DUBAI, UAE, Dec. 20, 2024 /CNW/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be extending the festive fun with lavish virtual gifts for Bybit Card holders. From Dec. 20, 2024 to Jan. 31, 2025, with every swipe of their Bybit Card, users may get a chance to unwrap mystery gift boxes, including … Continue reading "Surprises Guaranteed: Bybit Card Dishes Out Rewards in Holiday Giveaway"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2024/12/37076bca23bf7dcc555b76f32153db1a-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/12/37076bca23bf7dcc555b76f32153db1a-1.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/37076bca23bf7dcc555b76f32153db1a-1-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/37076bca23bf7dcc555b76f32153db1a-1-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/37076bca23bf7dcc555b76f32153db1a-1-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>DUBAI, UAE, Dec. 20, 2024 /CNW/ — <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, will be extending the festive fun with lavish virtual gifts for <a href="https://www.bybit.com/cards" rel="nofollow noopener" target="_blank">Bybit Card</a> holders. From Dec. 20, 2024 to Jan. 31, 2025, with every swipe of their Bybit Card, users may get a chance to unwrap mystery gift boxes, including 1,000 in USDT and other exciting airdrops from DOGE to BTC—all rewards, no catches. For each 100 USDT spent in eligible purchases with the Bybit Card, users will receive a lucky draw ticket to redeem a gift box on Bybit. Each gift box promises a crypto reward—from Christmas baubles in DOGE, SOL, ETH, XRP and BTC airdrops, all the way up to the grand prize of 1,000 in USDT. Registration is required and the special Holiday Giveaway ends at the end of Jan. 2025. For users looking for a convenient way to utilize their crypto assets for daily spendings and debit payments, it is not too late to <a href="https://www.bybit.com/cards?source=builder" rel="nofollow noopener" target="_blank">apply for the Bybit Card</a>. The application and verification process takes minutes, and a virtual card will be issued as soon as the card is approved, enabling seamless digital payment on Apple and Android devices in applicable regions. “The Bybit Card takes the hassle out of crypto off-ramp for regular users and weaves rewards and benefits into daily spendings. On top of regular cashbacks, we are introducing extra perks as our token of thanks to wrap up an eventful year in crypto,” said Joan Han, Sales and Marketing Director at Bybit. The Bybit Card made expansive global footprints 2024 as crypto adoption continues to rise in the past year. Trusted and frictionless crypto payment solutions are in demand in various parts of the world, and Bybit is one of the natural habitats of crypto native consumers. Spanning from Buenos Aires to Amsterdam, the Bybit Card community is growing and so are the perks: <ul type="disc"> <li>Up to 10% cashback in USDT, BTC and ETH on eligible purchases</li> <li>Zero fees for instant virtual card issuance</li> <li>Zero annual or hidden fees</li> <li>Up to 8% APY</li> </ul> Enjoy this festive season in all its splendor. Eligible Bybit Card holders from all regions are welcome; terms and conditions apply: <a href="https://www.bybit.com/en/promo/campaign/Bybit-Card-Christmas-Giveaway" rel="nofollow noopener" target="_blank">Bybit Card Holiday Giveaway: Swipe, Spend & Sparkle!</a> <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder7033"> <a href="https://mma.prnewswire.com/media/2586035/Surprises_Guaranteed_Bybit_Card_Dishes_Out_Rewards_Holiday_Giveaway.html" rel="nofollow noopener" target="_blank"><img decoding="async" alt="Surprises Guaranteed: Bybit Card Dishes Out Rewards in Holiday Giveaway" src="https://mma.prnewswire.com/media/2586035/Surprises_Guaranteed_Bybit_Card_Dishes_Out_Rewards_Holiday_Giveaway.jpg" title="Surprises Guaranteed: Bybit Card Dishes Out Rewards in Holiday Giveaway"></img></a> </div> #Bybit / #TheCryptoArk #theBybitCard 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=CN84638&sd=2024-12-20" title="Cision" width="12"></img> View original content to download multimedia:<a href="https://www.prnewswire.com/news-releases/surprises-guaranteed-bybit-card-dishes-out-rewards-in-holiday-giveaway-302337246.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.com/news-releases/surprises-guaranteed-bybit-card-dishes-out-rewards-in-holiday-giveaway-302337246.html</a> SOURCE Bybit <img decoding="async" alt="" src="https://rt.newswire.ca/rt.gif?NewsItemId=C6805&Transmission_Id=202412200900CANADANWCANADAPR_C6805&DateId=20241220" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ Violka08 <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
Compass Mining Scales Texas Operations with 25 MW Bitcoin Mining Facility, Plans Further Expansion

Sun, 22 Dec 2024 16:19:11 -0000

Energizes Over 50 MW in 2024 Across Six States, with 35 MW Coming Online by January 2025 WILMINGTON, Del., Dec. 20, 2024 /CNW/ — Compass Mining (“Compass” or the “Company”), a leading provider of Bitcoin mining hardware, hosting, and operational solutions, proudly announces the addition of a new 25 megawatts (MW) Bitcoin mining facility in … Continue reading "Compass Mining Scales Texas Operations with 25 MW Bitcoin Mining Facility, Plans Further Expansion"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2024/12/b1f7d40dcac432a62a14cf6e19be309e.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/12/b1f7d40dcac432a62a14cf6e19be309e.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/b1f7d40dcac432a62a14cf6e19be309e-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/b1f7d40dcac432a62a14cf6e19be309e-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/b1f7d40dcac432a62a14cf6e19be309e-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>Energizes Over 50 MW in 2024 Across Six States, with 35 MW Coming Online by January 2025 WILMINGTON, Del., Dec. 20, 2024 /CNW/ — Compass Mining (“Compass” or the “Company”), a leading provider of Bitcoin mining hardware, hosting, and operational solutions, proudly announces the addition of a new 25 megawatts (MW) Bitcoin mining facility in Texas to its growing network of North American operations. The facility is already fully built out and will be operational with an initial 5 MW of capacity by year’s end, scaling to 25 MW in early January 2025. Compass also plans to expand the facility’s capacity to 60 MW by Q3 2025. <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <a href="https://mma.prnewswire.com/media/1957082/Compass_Mining_Logo.html" rel="nofollow noopener" target="_blank"> <img decoding="async" alt="Compass Mining (PRNewsfoto/Compass Mining)" src="https://mma.prnewswire.com/media/1957082/Compass_Mining_Logo.jpg" title="Compass Mining (PRNewsfoto/Compass Mining)"></img> </a> </div> The new Texas facility will house a mix of relocated machines from Compass’s existing sites, as well as newly deployed units, ensuring continuity for current customers while offering new clients a seamless and turnkey Bitcoin mining experience. By January 2025, new customers purchasing machines through Compass’s platform will have the option to deploy them at the “Texas 6″ site. “Our new Texas facility represents another milestone in our mission to make bitcoin mining more accessible for everyone,” said Paul Gosker, CEO of Compass Mining. “We bring a wealth of experience from successfully operating at multiple locations across Texas, navigating the unique grid dynamics and leveraging local resources. For this site, we will provide our support and expertise, including assisting our site partner in hiring expert technicians who meet Compass’s high standards. This ensures high uptime and reliability, delivering the quality our customers expect.” Compass’s strategy combines vertical integration through proprietary facilities, such as the <a href="https://c212.net/c/link/?t=0&l=en&o=4329087-1&h=3422644831&u=https%3A%2F%2Fwww.prnewswire.com%2Fnews-releases%2Fcompass-mining-expands-into-iowa-with-new-30-mw-bitcoin-mining-facility-302308018.html&a=new" rel="nofollow noopener" target="_blank">new</a> Iowa 4 site, with partnerships at third-party facilities renowned for high uptime and reliability. This dual approach allows the company to maintain operational flexibility while delivering reliable hosting solutions. The company has energized a total of approximately 50 MW of power capacity across mining facilities in Indiana, Iowa, Ohio, Kentucky, Nebraska, and Texas in 2024, with plans to add another 35 MW by January 2025. About Compass Mining Compass Mining is a customer-first company that provides a platform for individuals and businesses to purchase Bitcoin mining hardware, host machines, build and manage mining facilities, and access a range of ancillary services. With a commitment to exceptional customer support and transparency, Compass Mining sets the benchmark for bitcoin mining hosting. Its mission is to make Bitcoin mining accessible to everyone. To learn more about Compass Mining or to start mining today, visit <a href="https://c212.net/c/link/?t=0&l=en&o=4329087-1&h=1192651641&u=https%3A%2F%2Fcompassmining.io%2F&a=compassmining.io" rel="nofollow noopener" target="_blank">compassmining.io</a>. Media Contact BlocksBridge Consulting <a href="mailto:compass@blocksbridge.com" rel="nofollow noopener" target="_blank">compass@blocksbridge.com</a> <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=NE83954&sd=2024-12-20" title="Cision" width="12"></img> View original content to download multimedia:<a href="https://www.prnewswire.com/news-releases/compass-mining-scales-texas-operations-with-25-mw-bitcoin-mining-facility-plans-further-expansion-302336803.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.com/news-releases/compass-mining-scales-texas-operations-with-25-mw-bitcoin-mining-facility-plans-further-expansion-302336803.html</a> SOURCE Compass Mining <img decoding="async" alt="" src="https://rt.newswire.ca/rt.gif?NewsItemId=C2341&Transmission_Id=202412200900CANADANWCANADAPR_C2341&DateId=20241220" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ artefacti <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
AGM Group Holdings Inc. Announces Strategic Partnership with Canada’s Nowlit to Expand High-Performance Computing Capabilities

Sat, 21 Dec 2024 16:19:07 -0000

BEIJING, Dec. 20, 2024 /PRNewswire/ — AGM Group Holdings Inc. (“AGM Holdings” or the “Company”) (NASDAQ: AGMH), an integrated technology company specializing in the assembling and sales of high-performance hardware and computing equipment, announced today that the Company has signed an investment intention agreement (the “Agreement”) with its Canadian partner, NOWLIT Solutions Corp. (“Nowlit”), a prominent … Continue reading "AGM Group Holdings Inc. Announces Strategic Partnership with Canada’s Nowlit to Expand High-Performance Computing Capabilities"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2024/12/37076bca23bf7dcc555b76f32153db1a.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/12/37076bca23bf7dcc555b76f32153db1a.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/37076bca23bf7dcc555b76f32153db1a-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/37076bca23bf7dcc555b76f32153db1a-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/37076bca23bf7dcc555b76f32153db1a-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>BEIJING, Dec. 20, 2024 /PRNewswire/ — AGM Group Holdings Inc. (“AGM Holdings” or the “Company”) (NASDAQ: AGMH), an integrated technology company specializing in the assembling and sales of high-performance hardware and computing equipment, announced today that the Company has signed an investment intention agreement (the “Agreement”) with its Canadian partner, NOWLIT Solutions Corp. (“Nowlit”), a prominent energy technology company focused on developing energy solutions and data center infrastructure in Canada, to provide green energy data center and cryptocurrency computing power. This initiative aligns strategically with AGM Holdings’ long-term expansion plan in the rapidly evolving artificial intelligence and data center market in North America. Pursuant to the Agreement, Nowlit plans to contribute its existing 50 megawatts (MW) data center assets to AGM Energy Corp. (“AGM Energy” or the “JV”), the Canadian joint venture co-founded by AGM Holdings and Nowlit. Led by Nowlit’s founder, Mr. Ma, the JV is set to expand its capacity significantly. The initial 50MW contribution will enable the data center to host over 6,800 high-performance computing servers, providing an estimated computing power of 2,457 petahashes (P). AGM Energy aims to develop additional data centers in Canada incrementally over the next two years, adding an average of 20MW per month, with a total projected capacity of 375MW. Additionally, the JV aims to leverage upstream and downstream industry partnerships to enhance computing power. The total computing power capacity of these data centers is expected to reach 18,427P within two years. This significant milestone underscores AGM Holdings’ commitment to strengthening its market presence in the fast-growing data center sector. By capitalizing on the increasing demand for digital assets and leveraging its expertise in hardware and software solutions, the Company is well-positioned to capture emerging opportunities brought forward by the latest artificial intelligence technology revolution, driving sustainable growth and value creation for its stakeholders. About NOWLIT Solutions Corp. Established in 2013, NOWLIT Solutions Corp. is a high performance computing and data center supplier based in Canada. It offers complete solution including all hardware, hosting and initial setup for new and experienced servers. It is also committed to supporting the blockchain ecosystem by offering hardware, software and a variety of solutions and services. It has invested in large-scale oil and gas fields and is involved in the construction and operation of informatization infrastructure such as third-party data center machine rooms and bitcoin mining farms. For more information, please visit <a href="https://nowlit.com/" rel="nofollow noopener" target="_blank">https://nowlit.com/</a>. About AGM Group Holdings Inc. AGM Group Holdings Inc. (NASDAQ: AGMH) is an integrated technology company specializing in the assembling and sales of high-performance hardware and computing equipment. With a mission to become a key participant and contributor in the global blockchain ecosystem, AGMH focuses on the research and development of blockchain-oriented Application-Specific Integrated Circuit (ASIC) chips, the assembling and sales of high-end crypto miners for Bitcoin and other cryptocurrencies. For more information, please visit <a href="blank" rel="nofollow noopener" target="_blank">www.agmprime.com</a>. Forward-Looking Statements Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “assesses,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission. For more information, please contact: AGM Group Holdings Inc. Email: <a href="mailto:ir@agmprime.com" rel="nofollow noopener" target="_blank">ir@agmprime.com</a> Website: <a href="blank" rel="nofollow noopener" target="_blank">http://www.agmprime.com</a> Ascent Investor Relations LLC Tina Xiao President Phone: +1-646-932-7242 Email: <a href="blank" rel="nofollow noopener" target="_blank">investors@ascent-ir.com</a> <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=CN84495&sd=2024-12-20" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.com/news-releases/agm-group-holdings-inc-announces-strategic-partnership-with-canadas-nowlit-to-expand-high-performance-computing-capabilities-302337049.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.com/news-releases/agm-group-holdings-inc-announces-strategic-partnership-with-canadas-nowlit-to-expand-high-performance-computing-capabilities-302337049.html</a> SOURCE AGM Group Holdings Inc. <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=CN84495&Transmission_Id=202412200750PR_NEWS_USPR_____CN84495&DateId=20241220" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ Violka08 <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
CYBRO Token: The Low-Cap Contender to Ethereum

Fri, 20 Dec 2024 17:00:45 -0000

The world of cryptocurrency is no stranger to rapid innovation, and a new player is making waves: the CYBRO token. With its explosive debut and AI-driven DeFi ecosystem, CYBRO could challenge Ethereum’s (ETH) dominance in decentralized finance (DeFi) and beyond. Let’s dive into why this low-cap token is drawing attention from investors and blockchain enthusiasts … Continue reading "CYBRO Token: The Low-Cap Contender to Ethereum"

<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="cybro token" 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>The world of cryptocurrency is no stranger to rapid innovation, and a new player is making waves: the CYBRO token. With its explosive debut and AI-driven DeFi ecosystem, CYBRO could challenge Ethereum’s (ETH) dominance in decentralized finance (DeFi) and beyond. Let’s dive into why this low-cap token is drawing attention from investors and blockchain enthusiasts alike. <h2>CYBRO’s Meteoric Rise: Post-Listing Surge</h2> The CYBRO token gained 260% within 24 hours of its listings on Gate.io and MEXC, climbing from $0.06 to $0.16. Trading volume soared to $15 million at its peak, underpinned by solid fundamentals and strong presale interest. Before its public debut, CYBRO raised $7 million during its presale, attracting nearly 20,000 early investors. Even after this impressive rally, <a href="https://cryptocurrencynews.com/investing-news/crypto-investment-trends-why-cybro-is-the-buzz/">CYBRO</a> remains a low-priced token with substantial growth potential. Analysts suggest it could climb another 500-600% in the medium term or, under ideal conditions, achieve a staggering 1100% surge. <h2>What Sets CYBRO Apart?</h2> CYBRO operates as a multichain DeFi platform on the Blast blockchain, integrating artificial intelligence to enhance user earnings and simplify decentralized investing. Here’s what makes CYBRO unique: Staking Rewards: CYBRO holders can earn passive income by locking their tokens. Airdrops and Bonuses: Cashback and loyalty rewards incentivize community engagement. Governance Opportunities: Holders with just 100 CYBRO tokens can join the <a href="https://cybro.io/en/governance" target="_blank" rel="noopener">CYBRO DAO</a>, contributing to key decision-making processes. Fee Savings: CYBRO users benefit from reduced transaction fees. Future updates, including expanded AI-driven strategies and additional vaults, are set to further optimize DeFi investing. The CYBRO team’s ambitious roadmap, coupled with its promising performance, positions the token as a major player in the crypto market. <h2>Ethereum’s Established Ecosystem</h2> Ethereum (ETH), the second-largest cryptocurrency by market cap, remains a cornerstone of the blockchain world. Operating on a Proof-of-Stake (PoS) consensus mechanism, Ethereum powers an expansive decentralized application (dApp) ecosystem. Key features of Ethereum include: Smart Contracts: A framework for building decentralized finance platforms, gaming applications, and NFTs. Layer 2 Solutions: Enhancements like Polygon (MATIC) and Arbitrum improve scalability and reduce transaction costs. ERC-20 Token Standard: Widely adopted for creating utility and governance tokens. While Ethereum has been pivotal in blockchain innovation, its scalability challenges and high transaction fees have opened the door for competitors like CYBRO to carve out market share. <h2>Why CYBRO Could Surpass Ethereum</h2> The 2024 bull run is reigniting interest in cryptocurrencies, but established assets like Ethereum may offer less dramatic short-term growth compared to emerging tokens like CYBRO. With its advanced AI-powered DeFi tools and user-focused features, CYBRO is gaining traction among retail investors and crypto whales alike. Key factors driving CYBRO’s potential include: AI Integration: Automated yield aggregation maximizes investor returns. User Rewards: Unique staking and airdrop programs enhance the token’s appeal. Transparency and Compliance: CYBRO prioritizes quality and regulatory adherence, crucial in an evolving market landscape. CYBRO’s ability to address investor needs while scaling efficiently positions it as a formidable competitor to Ethereum in the coming years. <h2>Conclusion</h2> The CYBRO token represents the next wave of blockchain innovation, combining AI technology with a robust DeFi ecosystem. Its rapid post-listing growth and ambitious development roadmap suggest it could be a game-changer in the crypto space. As the market evolves, CYBRO’s rise underscores the shifting dynamics in decentralized finance. While Ethereum remains a dominant force, the emergence of tokens like CYBRO highlights the growing opportunities for innovation and investment in blockchain technology. Investors eyeing the next big project should keep CYBRO on their radar, as it continues to gain momentum and redefine what’s possible in the crypto market. Investing early in projects like CYBRO could unlock significant gains, making it a compelling choice for forward-thinking crypto enthusiasts and investors worldwide. Featured Image: Freepik © ojosujono96 <a href="https://cryptocurrencynews.com/disclaimer">Please see disclaimer</a>
Crypto Market Decline: How Deep Will Bitcoin Dive?

Fri, 20 Dec 2024 16:43:08 -0000

The crypto market is facing a significant downturn, shedding 4.4% in value to $3.36 trillion in the past 24 hours. This marks an 11% drop from its all-time high of $3.79 trillion just days ago. As cryptocurrencies continue their decline, investors are left wondering how deep the dive will go and what factors are driving … Continue reading "Crypto Market Decline: How Deep Will Bitcoin Dive?"

<figure><img width="696" height="464" src="https://cryptocurrencynews.com/wp-content/uploads/2024/03/Crypto-Markets.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Crypto Market" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/03/Crypto-Markets.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2024/03/Crypto-Markets-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/03/Crypto-Markets-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>The crypto market is facing a significant <a href="https://cryptocurrencynews.com/market-news/cryptocurrency-market-downturn-whats-behind-the-drop/">downturn</a>, shedding 4.4% in value to $3.36 trillion in the past 24 hours. This marks an 11% drop from its all-time high of $3.79 trillion just days ago. As cryptocurrencies continue their decline, investors are left wondering how deep the dive will go and what factors are driving this volatility. <h2>Bitcoin Below $100K: A Bearish Signal?</h2> Bitcoin, the leading cryptocurrency, has slipped below the critical $100K mark, stabilizing around $96K. Analysts point to $94.5K as a key support level; a breach could signal the end of a six-week uptrend. If Bitcoin falls below $92K by Friday or $93K by week’s end, it could dip under the 50-day moving average, strengthening the bearish outlook. Despite these challenges, Bitcoin remains a focal point in the crypto market decline, with long-term investors cautiously optimistic about its recovery potential. <h2>Market Sentiment and Investor Behavior</h2> The crypto market decline coincides with a shift in investor behavior. Glassnode, a blockchain analytics firm, reports that newer Bitcoin investors are cashing in on network profits, while long-term holders are distributing their coins. This pattern suggests the market may be entering the late stages of a bull run. Such transitions are historically marked by heightened volatility and often lead to a deeper correction before stability returns. <h2>Mining Companies Double Down on Bitcoin</h2> Amid the downturn, major mining companies are increasing their Bitcoin reserves: MARA Holdings acquired 15,574 BTC at an average price of ~$98,529 per coin, bringing its total holdings to 44,394 BTC. Hut 8 added 990 BTC to its reserves, now totaling 10,096 BTC, at an average price of $101,710 per coin. These investments reflect miners’ confidence in Bitcoin’s long-term value despite the current crypto market decline. Mining activity often serves as a bellwether for broader market sentiment, suggesting resilience in the face of short-term turbulence. <h2>Policy and Regulatory Developments</h2> Global policies are playing a crucial role in shaping the crypto market. El Salvador’s agreement with the International Monetary Fund (IMF) highlights the friction between national adoption of Bitcoin and international financial institutions. In exchange for a $1.4 billion funding package, El Salvador pledged to mitigate risks associated with Bitcoin. The IMF has been critical of the country’s decision to adopt Bitcoin as legal tender, urging the government to revoke its status and liquidate reserves. This development underscores the challenges of integrating cryptocurrencies into traditional economic systems, adding another layer of uncertainty to the market. <h2>Altcoin Insights: Solana’s Growth Amid the Slump</h2> While Bitcoin dominates headlines, altcoins like Solana (SOL) are quietly carving out a niche. Solana-based applications have generated over $365 million in commissions through November, including $106 million from the “meme-token factory” Pump.fun. Solana’s ability to drive revenue during a market downturn reflects the growing importance of decentralized applications (dApps) and blockchain ecosystems in the broader crypto landscape. <h2>What’s Next for the Crypto Market?</h2> The crypto market decline raises pressing questions about its trajectory. Key factors to watch include: Support Levels for Bitcoin: Monitoring price movements around $94.5K and $92K will provide insights into market direction. Institutional Investments: Continued accumulation by mining companies and institutional investors could stabilize the market. Policy Developments: Regulatory clarity, particularly in regions like El Salvador, will influence investor confidence. Altcoin Performance: Innovations in blockchain ecosystems like Solana could offer growth opportunities even amid a bearish trend. While the short-term outlook appears challenging, long-term prospects remain promising for investors who weather the storm. <h2>Conclusion</h2> The crypto market decline is a stark reminder of its inherent volatility. As Bitcoin struggles below $100K, investors face a mix of challenges and opportunities shaped by market sentiment, institutional activity, and global policy dynamics. For those willing to navigate the uncertainty, the crypto market continues to offer potential for significant rewards, underscoring its position as a transformative force in global finance. Featured Image: Freepik <a href="https://cryptocurrencynews.com/disclaimer">Please See Disclaimer</a>
Alchemy Pay Becomes Ramp Provider Registered under Visa’s Ramp Provider Program

Fri, 20 Dec 2024 16:19:07 -0000

SINGAPORE, Dec. 19, 2024 /PRNewswire/ — Alchemy Pay, the world-leading fiat-payment gateway, has achieved a significant milestone successfully registering under Visa’s new Ramp Provider Program. This registration, made possible through it’s previously announced partnership with Worldpay, one of the world’s leading payments technology companies, marks a new chapter in Alchemy Pay’s mission to bridge the gap … Continue reading "Alchemy Pay Becomes Ramp Provider Registered under Visa’s Ramp Provider Program"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2024/12/f6ea22329c9aff2082b49dfe92a9187e-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/12/f6ea22329c9aff2082b49dfe92a9187e-1.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/f6ea22329c9aff2082b49dfe92a9187e-1-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/f6ea22329c9aff2082b49dfe92a9187e-1-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/f6ea22329c9aff2082b49dfe92a9187e-1-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>SINGAPORE, Dec. 19, 2024 /PRNewswire/ — Alchemy Pay, the world-leading fiat-payment gateway, has achieved a significant milestone successfully registering under Visa’s new Ramp Provider Program. This registration, made possible through it’s previously announced partnership with Worldpay, one of the world’s leading payments technology companies, marks a new chapter in Alchemy Pay’s mission to bridge the gap between traditional finance and the crypto global economies. <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <a href="https://mma.prnewswire.com/media/2155297/image_5017751_41593380_Logo.html" rel="nofollow noopener" target="_blank"> <img decoding="async" alt="(PRNewsfoto/Alchemy Pay)" src="https://mma.prnewswire.com/media/2155297/image_5017751_41593380_Logo.jpg" title="(PRNewsfoto/Alchemy Pay)"></img> </a> </div> The Visa Ramp Provider Program, effective in multiple regions including APAC, CEMEA, Europe, LAC (excluding Brazil), the U.S., and Canada, provides a framework for third-party agents (TPAs) to convert fiat currencies into non-fiat currencies like Bitcoin (BTC) and Ethereum (ETH), and vice versa. This program is an important step forward in Visa’s broader strategy to enhance digital currency adoption and facilitate seamless transactions across its global network. With this new registration, Alchemy Pay solidifies its role as a key player in the fiat-crypto payments ecosystem, offering solutions to a wide range of clients, from crypto exchanges and wallets to everyday merchants looking to accept digital currencies. As a registered ramp provider, Alchemy Pay is well-positioned to support the growing demand for crypto-to-fiat conversion services, enabling a more streamlined, secure, and efficient payment experience for users worldwide. Partnership with Worldpay and Authorization by Visa Alchemy Pay’s collaboration with Worldpay and its authorization by Visa has played a pivotal role in this achievement. <a href="https://cointelegraph.com/news/crypto-payment-firm-alchemy-pay-partners-worldpay" rel="nofollow noopener" target="_blank">In December 2023, Alchemy Pay announced its partnership with Worldpay</a> to enhance its payment capabilities and offer access to Visa and Mastercard’s payment rails via its On & Off-Ramp services. This partnership enables users to buy and sell crypto seamlessly using their credit and debit cards, further improving the customer experience. Furthermore, Alchemy Pay has been an official service provider under Visa’s Third Party Agent (TPA) Program since January 2023. As part of this recognition and authorization, Alchemy Pay has been able to offer payment-related services to Visa’s clients, further reinforcing its position as a trusted partner in the digital currency space and has been key to its success in completing the Ramp Provider Program registration. Looking Ahead “We are incredibly proud to complete registration under Visa’s Ramp Provider Program,” said Ailona Tsik, CMO of Alchemy Pay. “This milestone reflects our commitment to pushing the boundaries of crypto payment solutions and expanding access to digital currencies. Our authorization by Visa, along with our close partnership with Worldpay, will help us serve more merchants and users, enhancing the adoption of crypto payments globally.” With this new registration, Alchemy Pay is set to play an even larger role in supporting merchants, businesses, and consumers as they navigate the expanding world of digital currencies. This milestone is part of Alchemy Pay’s broader compliance efforts to strengthen its position as a trusted and regulated player in the payments ecosystem. In the same month as this registration, Alchemy Pay also accelerated its compliance efforts by securing four additional Money Transmitter Licenses (MTLs) in the United States, bringing its total to eight licenses. The company has also expanded its licensing and compliance framework across Southeast Asia, Europe, and the UK, ensuring its services meet the highest standards of regulatory oversight globally. By working closely with Visa and Worldpay, Alchemy Pay is poised to provide a smoother and more inclusive payment experience for users worldwide, further accelerating the adoption of crypto payments. About Alchemy Pay Founded in Singapore in 2017, Alchemy Pay is a payment gateway that seamlessly connects crypto with traditional fiat currencies for businesses, developers, and end users. With its offerings including On & Off Ramp, Web3 Digital Bank, Crypto Payments and NFT Checkout, Alchemy Pay supports payments in 173 countries. The Ramp is a one-stop solution to buy and sell crypto and fiat, easily integrated by platforms and dApps according to requirements. Our Web3 Digital Bank supports Web3 enterprises by providing multi-fiat accounts and instant fiat-crypto conversion capabilities. The crypto payment solution enables merchants to accept crypto payments globally, while allowing users to conveniently spend their crypto assets for everyday purchases. ACH is the Alchemy Pay network token on the Ethereum blockchain. <a href="https://alchemypay.org" rel="nofollow noopener" target="_blank">Website</a> <a href="https://twitter.com/alchemypay" rel="nofollow noopener" target="_blank">Twitter</a> <a href="https://www.linkedin.com/company/alchemypay" rel="nofollow noopener" target="_blank">LinkedIn</a> <a href="https://alchemypay.medium.com/" rel="nofollow noopener" target="_blank">Medium</a> <a href="https://youtube.com/@AlchemyPay" rel="nofollow noopener" target="_blank">YouTube</a> <a href="https://t.me/alchemy_official" rel="nofollow noopener" target="_blank">Telegram</a> <a href="https://discord.gg/alchemypay" rel="nofollow noopener" target="_blank">Discord</a> <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=CN83745&sd=2024-12-19" title="Cision" width="12"></img> View original content to download multimedia:<a href="https://www.prnewswire.com/news-releases/alchemy-pay-becomes-ramp-provider-registered-under-visas-ramp-provider-program-302336347.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.com/news-releases/alchemy-pay-becomes-ramp-provider-registered-under-visas-ramp-provider-program-302336347.html</a> SOURCE Alchemy Pay <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=CN83745&Transmission_Id=202412191106PR_NEWS_USPR_____CN83745&DateId=20241219" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ burdun <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
Trump’s Crypto Platform Sparks Controversy

Thu, 19 Dec 2024 20:50:55 -0000

Donald Trump’s cryptocurrency venture, World Liberty Financial, has drawn significant attention with its recent token swap. On Wednesday, the platform exchanged $10 million worth of Coinbase Global Inc.’s (NASDAQ:COIN) wrapped Bitcoin (cbBTC) for WBTC, an alternative wrapped Bitcoin associated with crypto entrepreneur Justin Sun. This move has raised questions about the platform’s strategy, Sun’s involvement, … Continue reading "Trump’s Crypto Platform Sparks Controversy"

<figure><img width="696" height="464" src="https://cryptocurrencynews.com/wp-content/uploads/2024/07/152702-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="trump" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/07/152702-1.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2024/07/152702-1-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/07/152702-1-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>Donald Trump’s cryptocurrency venture, <a href="https://cryptocurrencynews.com/investing-news/trump-crypto-investment-secures-30m-from-justin-sun/">World Liberty Financial</a>, has drawn significant attention with its recent token swap. On Wednesday, the platform exchanged $10 million worth of Coinbase Global Inc.’s (NASDAQ:COIN) wrapped Bitcoin (cbBTC) for WBTC, an alternative wrapped Bitcoin associated with crypto entrepreneur Justin Sun. This move has raised questions about the platform’s strategy, Sun’s involvement, and the broader implications for the DeFi space. <h2>Token Swap Highlights Ties to Justin Sun</h2> World Liberty Financial, which positions itself as a DeFi lending platform, executed the swap through its official digital wallet. The transaction involved trading 103 cbBTC tokens for WBTC, marking a notable pivot in the platform’s holdings. Wrapped Bitcoin tokens, such as cbBTC and WBTC, are crucial for enabling Bitcoin holders to engage in decentralized finance on the Ethereum blockchain. Justin Sun, a high-profile crypto entrepreneur and adviser to World Liberty Financial, distanced himself from the decision, stating, “This is their own financial choice; I have nothing to do with it.” Sun has been a controversial figure in the crypto world, most recently gaining attention for his $6.2 million purchase of a banana duct-taped to a wall at a Sotheby’s auction. Sun’s $30 million investment in World Liberty Financial in November solidified his role as an adviser and helped Trump’s platform reach a financial threshold enabling it to generate profit. <h2>Legal and Regulatory Backdrop</h2> The swap is the latest development in an ongoing conflict involving wrapped Bitcoin tokens. Coinbase (NASDAQ:COIN), which launched cbBTC earlier this year, delisted WBTC, citing risks associated with Sun’s alleged control over the asset. BiT Global, the operator of WBTC and a partner of Sun, responded by suing Coinbase to prevent the delisting. In a significant legal victory for Coinbase, a federal judge in California denied BiT Global’s request for a temporary restraining order to block the delisting. Coinbase maintained that Sun’s involvement posed “unacceptable risks” to its customers and the integrity of its exchange. This legal backdrop underscores the complexities of the cryptocurrency landscape, where regulatory scrutiny and disputes over token control are common. <h2>World Liberty Financial’s Expanding Portfolio</h2> The token swap is part of a broader pattern of activity from World Liberty Financial. Last week, the platform acquired notable cryptocurrencies such as AAVE and LINK. Additionally, its wallets received approximately $250,000 worth of ONDO, a token issued by <a href="https://ondo.finance/" target="_blank" rel="noopener">Ondo Finance</a>, which specializes in asset tokenization. While the platform is yet to become operational, these acquisitions suggest an aggressive strategy to position itself as a key player in the DeFi market. <h2>Implications for DeFi and Wrapped Bitcoin</h2> The swap between cbBTC and WBTC highlights a growing divide in the wrapped Bitcoin market. As a widely adopted wrapped Bitcoin token, WBTC has historically been a staple for Bitcoin integration into DeFi ecosystems. However, its association with Sun and related controversies have raised questions about its reliability and governance. Coinbase’s cbBTC represents a newer entrant to the market, offering an alternative to WBTC. By distancing itself from Sun, Coinbase aims to provide a more transparent and secure wrapped Bitcoin option. World Liberty Financial’s decision to align with WBTC rather than cbBTC indicates a calculated risk, potentially betting on Sun’s influence to strengthen its market position. However, this move also exposes the platform to regulatory and reputational risks associated with Sun’s controversial history. <h2>What’s Next for Trump’s Crypto Platform?</h2> World Liberty Financial’s activities have sparked curiosity and controversy in equal measure. With high-profile figures like Trump and Sun at its helm, the platform is uniquely positioned to make waves in the crypto industry. However, its success hinges on overcoming several challenges: Regulatory Scrutiny: The platform must navigate the increasingly strict regulatory landscape surrounding cryptocurrencies. Market Trust: Aligning with contentious figures like Sun may erode investor confidence. Operational Launch: World Liberty Financial must transition from an active wallet to a fully operational DeFi platform to prove its viability. <h2>The Bottom Line</h2> Trump’s crypto platform, World Liberty Financial, has taken a bold step with its $10 million token swap involving Justin Sun-associated WBTC. While the move positions the platform strategically in the DeFi space, it also invites scrutiny and controversy. As the platform continues to build its portfolio and navigate legal challenges, its long-term success will depend on its ability to balance innovation with transparency and trust. Whether this latest move signals strength or a misstep remains to be seen in the evolving world of cryptocurrency.
Cryptocurrency Market Downturn: What’s Behind the Drop?

Thu, 19 Dec 2024 20:42:18 -0000

On December 19, 2024, the cryptocurrency market faced a sharp and sudden downturn, with major digital assets experiencing significant losses. Investors were left scrambling as market leaders like Bitcoin (BTC) and Ethereum (ETH) saw dramatic price declines. This recent cryptocurrency market downturn has reignited concerns about the volatility of digital assets and their future trajectory. … Continue reading "Cryptocurrency Market Downturn: What’s Behind the Drop?"

<figure><img width="696" height="464" src="https://cryptocurrencynews.com/wp-content/uploads/2024/03/Crypto-Markets.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Crypto Market" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/03/Crypto-Markets.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2024/03/Crypto-Markets-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/03/Crypto-Markets-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>On December 19, 2024, the cryptocurrency market faced a sharp and sudden downturn, with major digital assets experiencing significant losses. Investors were left scrambling as market leaders like Bitcoin (BTC) and Ethereum (ETH) saw dramatic price declines. This recent cryptocurrency market downturn has reignited concerns about the volatility of digital assets and their future trajectory. <h2>Bitcoin and Ethereum Take the Lead in Losses</h2> Bitcoin (BTC), the largest cryptocurrency by market capitalization, fell 4.6%, slipping below the $100,000 mark to $98,877. Ethereum (ETH), the second-largest cryptocurrency, faced even steeper losses, plunging 9.02% to $3,511.78. Other major players also faced significant setbacks: Binance Coin (BNB) dropped 6.05% to $670.68. XRP declined 7.66% to $2.29. Cardano (ADA) saw a dramatic 14.32% drop to $0.895. Even meme-inspired Dogecoin (DOGE) wasn’t spared, tumbling 17.49% to $0.318. Across the board, these losses have rattled investor confidence, prompting questions about the underlying causes of the decline. <h2>Market Sentiment Turns Bearish</h2> The cryptocurrency market downturn is being attributed to a combination of profit-taking by long-term holders and a shift in broader market sentiment. According to analysts, the sell-off triggered a wave of liquidations that exacerbated price drops. Aave (AAVE), a prominent DeFi platform, experienced significant fallout from these liquidations, with its price declining over 6% in just a week. Reports show that approximately $5.13 million in positions were liquidated, further intensifying the bearish momentum. This wave of liquidations reflects the high volatility of the cryptocurrency market, where small triggers can lead to large-scale declines. <h2>What’s Driving the Cryptocurrency Market Downturn?</h2> Several factors contributed to Thursday’s sharp decline: Profit-Taking: After a year of strong performance, many investors likely decided to lock in gains, triggering sell-offs across the market. Market Overextension: Rapid price increases in recent months may have led to overbought conditions, setting the stage for a correction. Regulatory Concerns: Increased scrutiny from global regulators continues to weigh on investor sentiment, creating uncertainty about the market’s future. Macroeconomic Factors: Broader economic instability, including inflation concerns and geopolitical tensions, has added pressure on risk assets like cryptocurrencies. <h2>Looking Ahead: What Lies Ahead for Crypto?</h2> While the immediate outlook remains uncertain, analysts are divided on what comes next. Arthur Hayes, a prominent crypto analyst, <a href="https://cryptocurrencynews.com/market-news/arthur-hayes-warns-of-crypto-market-downturn/">warns that January 2025</a> could bring further turbulence. Hayes has pointed to the political climate, including the upcoming inauguration of former U.S. President Donald Trump, is a potential catalyst for increased market volatility. However, some market participants remain optimistic. Historical data shows that cryptocurrencies have often rebounded from steep corrections, sometimes emerging stronger. The growth of blockchain technology and the increasing adoption of digital assets continue to offer long-term potential. <h2>Lessons for Investors</h2> The recent cryptocurrency market downturn serves as a stark reminder of the risks inherent in digital asset investments. While cryptocurrencies have delivered impressive returns over the years, they remain highly volatile and susceptible to sudden price swings. Here are some tips for navigating the market: Diversify: Spread your investments across multiple asset classes to mitigate risk. Stay Informed: Keep up with market developments, regulatory changes, and global economic trends. Assess Risk Tolerance: Only invest what you can afford to lose, as the market can be unpredictable. <h2>The Bottom Line</h2> Thursday’s cryptocurrency market downturn highlights the volatility and unpredictability of digital assets. While the recent losses may concern investors, they also present an opportunity to evaluate market dynamics and prepare for future growth. Bitcoin (BTC), Ethereum (ETH), and other leading cryptocurrencies remain central to the evolving digital economy. Whether the recent dip marks a temporary setback or the start of a prolonged correction, the cryptocurrency market’s resilience will undoubtedly be tested in the months to come. Featured Image: Freepik <a href="https://cryptocurrencynews.com/disclaimer">Please See Disclaimer</a>
Flipster Achieves ISO/IEC Certification

Thu, 19 Dec 2024 16:19:11 -0000

WARSAW, Poland, Dec. 19, 2024 /PRNewswire/ — Flipster, one of the fastest-growing cryptocurrency trading platforms, is proud to announce its recent achievement of the ISO/IEC 27001 certification, an internationally recognized standard for information security management. This milestone underscores Flipster’s dedication to safeguarding user data and ensuring a secure and trustworthy platform for its users. This … Continue reading "Flipster Achieves ISO/IEC Certification"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2024/12/5b56698318cd06a491d6f49b90f750e3.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/12/5b56698318cd06a491d6f49b90f750e3.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/5b56698318cd06a491d6f49b90f750e3-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/5b56698318cd06a491d6f49b90f750e3-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/5b56698318cd06a491d6f49b90f750e3-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>WARSAW, Poland, Dec. 19, 2024 /PRNewswire/ — Flipster, one of the fastest-growing cryptocurrency trading platforms, is proud to announce its recent achievement of the ISO/IEC 27001 certification, an internationally recognized standard for information security management. This milestone underscores Flipster’s dedication to safeguarding user data and ensuring a secure and trustworthy platform for its users. <div dir="ltr" id="prni_dvprnejpgb007left" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt="Flipster Achieves ISO/IEC Certification" id="prnejpgb007left" src="https://mma.prnewswire.com/media/2585005/Flipster_Achieves_ISO_IEC_Certification.jpg" title="Flipster Achieves ISO/IEC Certification"></img></div> This certification enables businesses across industries and organizational sizes to effectively address security risks, protect sensitive data, and comply with legal and regulatory requirements. By adhering to this standard, organizations demonstrate their commitment to information security and resilience in the face of evolving threats. Achieving the ISO/IEC 27001 certification represents Flipster’s commitment to transparency, reliability, and trust. It reinforces the platform’s ability to manage user information securely and aligns with its mission to provide a safe and seamless environment for trading and asset management. The certification not only reflects Flipster’s dedication to excellence but also assures customers that their data is handled with the utmost care and security. With the ISO/IEC 27001 certification, Flipster users can trade and invest with confidence, knowing that the platform is equipped with industry-leading security measures to protect their data and assets. About Flipster <a href="https://flipster.io/?utm_source=press-release&utm_campaign=iso-pr&utm_medium=post&utm_content=&utm_term=&utm_ad=" rel="nofollow noopener" target="_blank">Flipster</a> is one of the fastest-growing cryptocurrency exchanges, offering both futures and spot trading to traders globally. It supports users in capitalizing on market opportunities with ease. Especially known for its lightning-fast perpetual futures listings, Flipster offers <a href="https://flipster.io/market/perpetual?utm_source=press-release&utm_campaign=iso-pr&utm_medium=post&utm_content=&utm_term=&utm_ad=" rel="nofollow noopener" target="_blank">250+ crypto futures pairs</a> tradable with up to 100x leverage with zero trading fees, deep liquidity, and narrow spreads. Core products include: <ul type="disc"> <li><a href="https://flipster.io/marketing/earn?utm_source=press-release&utm_campaign=iso-pr&utm_medium=post&utm_content=&utm_term=&utm_ad=" rel="nofollow noopener" target="_blank">Earn Campaign</a>: High APR rewards of up to 22% by depositing USDT, BTC, or ETH.</li> <li><a href="https://flipster.io/launchpool?utm_source=press-release&utm_campaign=iso-pr&utm_medium=post&utm_content=&utm_term=&utm_ad=" rel="nofollow noopener" target="_blank">Launchpool</a>: Daily USDT rewards through staking, with additional rewards through task-based multipliers.</li> <li>Airdrops: Crypto rewards from new and popular crypto projects by completing missions.</li> <li>Flipster also offers a range of programs for <a href="https://flipster.io/marketing/vip?utm_source=press-release&utm_campaign=iso-pr&utm_medium=post&utm_content=&utm_term=&utm_ad=" rel="nofollow noopener" target="_blank">VIPs</a>, <a href="https://flipster.io/marketing/referral?utm_source=press-release&utm_campaign=iso-pr&utm_medium=post&utm_content=&utm_term=&utm_ad=" rel="nofollow noopener" target="_blank">Referrals</a>, and <a href="https://flipster.io/marketing/affiliates?utm_source=press-release&utm_campaign=iso-pr&utm_medium=post&utm_content=&utm_term=&utm_ad=" rel="nofollow noopener" target="_blank">Affiliates</a>. For the latest updates, <a href="https://x.com/flipster_io?utm_source=press-release&utm_campaign=iso-pr&utm_medium=post&utm_content=&utm_term=&utm_ad=" rel="nofollow noopener" target="_blank">follow Flipster on X</a>.</li> </ul> Photo – <a href="https://mma.prnewswire.com/media/2585005/Flipster_Achieves_ISO_IEC_Certification.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2585005/Flipster_Achieves_ISO_IEC_Certification.jpg</a> <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN83603&sd=2024-12-19" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/flipster-achieves-isoiec-certification-302335888.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/flipster-achieves-isoiec-certification-302335888.html</a> <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN83603&Transmission_Id=202412190142PR_NEWS_EURO_ND__EN83603&DateId=20241219" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ grejak <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
Arthur Hayes Warns of Crypto Market Downturn

Wed, 18 Dec 2024 18:33:09 -0000

Arthur Hayes, co-founder of BitMEX and a macroeconomic strategist at Maelstrom, has issued a stark warning for crypto investors. He predicts significant turbulence in the crypto market around Donald Trump’s potential inauguration in January 2025. Hayes views this anticipated downturn as a short-term correction within the broader crypto bull market cycle. Crypto Crash Expected in … Continue reading "Arthur Hayes Warns of Crypto Market Downturn"

<figure><img width="696" height="414" src="https://cryptocurrencynews.com/wp-content/uploads/2024/03/Crypto-Market-Turmoil.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Crypto Market" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/03/Crypto-Market-Turmoil.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2024/03/Crypto-Market-Turmoil-300x178.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/03/Crypto-Market-Turmoil-382x228.jpg 382w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>Arthur Hayes, co-founder of BitMEX and a macroeconomic strategist at Maelstrom, has issued a stark warning for crypto investors. He predicts significant turbulence in the crypto market around Donald Trump’s potential inauguration in January 2025. Hayes views this anticipated downturn as a short-term correction within the broader crypto bull market cycle. <h2>Crypto Crash Expected in January 2025</h2> According to Hayes, the crypto market correction will likely occur near Trump’s inauguration date of January 20, 2025. Maelstrom, his investment firm, is preparing to scale back its exposure during this volatile period. Hayes plans to strategically reacquire key holdings at discounted prices during the first half of the year, positioning his portfolio for the next growth phase. “Many traders attempt to time the market but often sell too early and lack the confidence to reinvest at higher prices,” Hayes explained. “This behavior often results in missed opportunities during a bull market. By recognizing this risk, our team is prepared to adapt swiftly if the market defies expectations.” <h2>Trump’s Policies as a Volatility Catalyst</h2> Hayes highlights Donald Trump’s anticipated return to the presidency as a significant catalyst for market instability. He believes Trump’s policies will expose structural weaknesses in the global financial system, ultimately bolstering Bitcoin (BTC) and other cryptocurrencies as long-term investments. “Trump’s policies compel global leaders to address national economic challenges,” Hayes said. “Even before his potential return, these issues are reinforcing my conviction in the trajectory of financial repression and money printing.” However, Hayes cautions that crypto investors may overestimate the speed at which Trump can enact transformative changes. He predicts the crypto market will soon recognize the limitations of Trump’s influence, particularly during his first year in office. This realization could trigger a sharp sell-off in cryptocurrencies and related equity trades. <h2>Strategic Preparations for Crypto Market Volatility</h2> To navigate the anticipated volatility, Maelstrom is implementing a dual strategy. The firm plans to reduce exposure during the downturn while maintaining readiness to reenter positions when the crypto market stabilizes. “Our approach reflects a commitment to buying both market dips and rallies,” Hayes said. “This strategy ensures we capture the full potential of the ongoing bull market.” Hayes also emphasized the importance of flexibility in investment strategies, particularly during periods of heightened uncertainty. His outlook underscores the need for crypto investors to remain vigilant and adaptive to evolving market conditions. <h2>Broader Implications for the Crypto Market</h2> Hayes’ prediction aligns with broader trends in the cryptocurrency space. Major institutions, such as Tesla Inc. (NASDAQ:TSLA), have increasingly <a href="https://finance.yahoo.com/news/tesla-quietly-transfers-765-million-164536555.html" target="_blank" rel="noopener">integrated Bitcoin</a> into their balance sheets, signaling confidence in its long-term value. However, the sector remains highly susceptible to external events and policy changes, making strategic foresight essential for navigating market fluctuations. Hayes’ forecast serves as a reminder of the dynamic and unpredictable nature of the crypto market. While the anticipated downturn may cause short-term disruptions, it also presents opportunities for strategic investors to capitalize on discounted valuations. <h2>Conclusion</h2> Arthur Hayes’ warning of a crypto market downturn near Trump’s January 2025 inauguration highlights the intricate relationship between political events and <a href="https://cryptocurrencynews.com/market-news/slowing-inflation-signals-upside-for-crypto-markets/">market dynamics</a>. By recognizing the potential for short-term volatility and preparing accordingly, investors can position themselves to thrive in the evolving crypto landscape. As Hayes and his team demonstrate, adaptability and strategic planning are critical for navigating the challenges and opportunities within the digital asset space. The anticipated market correction and the broader implications for the crypto market underscore the importance of staying informed and adaptable in this fast-evolving space. Investors should carefully consider their strategy and timing in the months leading up to this significant event to maximize their gains and mitigate potential risks. Featured Image: Freepik @ produtizebro <a href="https://cryptocurrencynews.com/disclaimer">Please See Disclaimer</a>
Vancouver’s Push Towards Bitcoin Adoption

Wed, 18 Dec 2024 18:20:22 -0000

The city of Vancouver is embarking on a bold journey to integrate Bitcoin into its financial strategies. Mayor Ken Sim’s recently approved motion proposes diversifying the city’s financial reserves and payment options by incorporating Bitcoin (BTC). The motion reflects a growing global interest in digital currencies and their potential to provide stability amid economic volatility. … Continue reading "Vancouver’s Push Towards Bitcoin Adoption"

<figure><img width="696" height="464" src="https://cryptocurrencynews.com/wp-content/uploads/2024/08/34154-2-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="bitcoin" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/08/34154-2-1.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2024/08/34154-2-1-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/08/34154-2-1-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>The city of Vancouver is embarking on a bold journey to integrate Bitcoin into its financial strategies. Mayor Ken Sim’s recently approved motion proposes diversifying the city’s financial reserves and payment options by incorporating Bitcoin (BTC). The motion reflects a growing global interest in digital currencies and their potential to provide stability amid economic volatility. <h2>A Comprehensive Analysis of Bitcoin’s Potential</h2> The approved motion tasks city staff with conducting a comprehensive analysis of Bitcoin’s potential integration. The document, titled “Pr<a href="https://council.vancouver.ca/20241211/documents/cfscA3.pdf" target="_blank" rel="noopener">eserving the City’s Purchasing Power Through Diversification of Financial Reserves – Becoming A Bitcoin Friendly City</a>,” emphasizes the advantages of cryptocurrency. It highlights Bitcoin’s decentralized nature, capped supply, and growing acceptance as a hedge against inflation and currency debasement. The proposal also references cities like Zug and Lugano in Switzerland and El Salvador, which have embraced Bitcoin for payments and financial stability. These examples underline its role as an innovative financial tool for governments worldwide. <h2>Benefits of Bitcoin Integration</h2> <a href="https://cryptocurrencynews.com/investing-news/bitcoin-investment-basics-what-you-need-to-know/">Bitcoin</a> offers unique advantages, particularly in preserving purchasing power. According to the motion, traditional fiat currencies have struggled with inflation and volatility. By incorporating Bitcoin, Vancouver could enhance the resilience of its financial portfolio, potentially benefiting taxpayers by safeguarding the value of public funds. Furthermore, the motion posits that Bitcoin’s use as a payment method for municipal services could streamline operations and align the city with digital financial trends. It also reflects growing institutional interest in Bitcoin as a long-term store of value, supported by its 16-year track record and evolving regulatory frameworks. <h2>Addressing Environmental Concerns</h2> Bitcoin mining, often criticized for its energy consumption, is framed as a potential environmental ally in the motion. Research cited indicates that Bitcoin miners frequently use surplus renewable energy, making renewable projects economically viable and stabilizing energy prices. This aspect aligns with Vancouver’s broader commitment to sustainability and decarbonization. The motion also underscores Bitcoin mining’s role in global development, particularly in underdeveloped regions. By providing financial access and infrastructure, it creates significant social impacts, fostering economic growth and stability in areas that lack traditional banking systems. <h2>Vancouver’s Crypto Legacy</h2> Vancouver’s history with cryptocurrency positions it as a leader in blockchain innovation. The city is home to numerous blockchain companies and was the site of the world’s first Bitcoin ATM, installed in 2013. These milestones underscore Vancouver’s ongoing commitment to fostering a crypto-friendly environment. <h2>Challenges and Next Steps</h2> While the motion outlines numerous benefits, challenges remain. Bitcoin’s price volatility, regulatory complexities, and public skepticism could pose hurdles to its adoption. The city’s analysis will need to address these issues comprehensively to ensure successful implementation. As Vancouver explores these opportunities, its decision could set a precedent for other cities seeking innovative financial strategies. If successful, this initiative could cement Vancouver’s position as a global leader in cryptocurrency adoption and innovation. Additionally, it could open the door for other municipalities to adopt similar frameworks, promoting widespread financial modernization. <h2>Institutional Interest and Global Trends</h2> Major institutions and investors increasingly recognize Bitcoin’s potential. Companies such as Tesla Inc. (NASDAQ:TSLA) have added the crypto to their balance sheets, demonstrating confidence in its long-term value. Vancouver’s exploration mirrors this trend, aiming to align the city’s financial strategies with global shifts in digital finance. <h2>Conclusion</h2> Vancouver’s initiative to integrate Bitcoin into its financial framework highlights its commitment to innovation and sustainability. By addressing challenges and leveraging opportunities, the city could pave the way for broader adoption of cryptocurrencies in municipal governance. With its rich history of blockchain innovation and forward-thinking leadership, Vancouver is poised to lead the charge in the digital financial revolution. The city’s actions could inspire global cities to explore Bitcoin’s potential for enhancing financial resilience and operational efficiency. Featured Image: Freepik <a href="https://cryptocurrencynews.com/disclaimer" target="_blank" rel="noopener">Please See Disclaimer</a>
Crypto’s first AI quant tokenized product is launched by aarna protocol

Wed, 18 Dec 2024 16:19:10 -0000

SINGAPORE, Dec. 17, 2024 /PRNewswire/ — aarnâ.ai unveiled âfi 802, the first AI powered quant structured product designed to bring a data-driven, risk-managed approach to DeFi. âfi 802 integrates advanced AI models with secure, audited smart contracts, offering investors a structured method to capture market alpha. By focusing on high-confidence trades and dynamic portfolio rebalancing, … Continue reading "Crypto’s first AI quant tokenized product is launched by aarna protocol"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2024/12/b7c9f1d08c4a3df31f055433b1f898ee-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/12/b7c9f1d08c4a3df31f055433b1f898ee-1.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/b7c9f1d08c4a3df31f055433b1f898ee-1-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/b7c9f1d08c4a3df31f055433b1f898ee-1-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/b7c9f1d08c4a3df31f055433b1f898ee-1-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>SINGAPORE, Dec. 17, 2024 /PRNewswire/ — aarnâ.ai unveiled <a href="https://www.aarna.ai/blogs/afi-802-cryptos-first-ai-quant-tokenized-structured-product" rel="nofollow noopener" target="_blank">âfi 802</a>, the first AI powered quant structured product designed to bring a data-driven, risk-managed approach to DeFi. âfi 802 integrates advanced AI models with secure, audited smart contracts, offering investors a structured method to capture market alpha. By focusing on high-confidence trades and dynamic portfolio rebalancing, it’s setting a new standard for intelligent, transparent, and reliable crypto asset management. <div dir="ltr" id="prni_dvprnejpg7cedleft" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt="Crypto’s first AI quant tokenized product is launched by aarna protocol" data-name="url$https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F2582394%2Faarna_image.jpg" id="prnejpg7cedleft" src="https://mma.prnewswire.com/media/2582394/aarna_image.jpg" title="Crypto’s first AI quant tokenized product is launched by aarna protocol"></img></div> Key highlights <ul type="disc"> <li>Crypto’s First AI Quant Vault: âfi 802 harnesses AI-driven alpha for smarter & structured investing.</li> <li>Next-Gen Asset Management: Redefining decentralized asset management with AI and tokenization.</li> <li>AI-Powered Risk-Managed Alpha: Weekly optimized portfolios delivering outlier gains while mitigating downside risks.</li> <li>Secure & Transparent: Ethereum-based with audited smart contracts.</li> </ul> Market Reception The âfi 802 vault debuted in September at Token2049, capturing attention as the crypto’s first AI quant structured product. The event underscored over two years of development for intelligent onchain digital asset management. Response has been robust, and outlier returns of the vault since launch has driven community confidence: <ul type="disc"> <li>High Engagement: 500+ visitors engaged with aarnâ’s product, strong interest.</li> <li>User Growth: Steady influx of higher-value users deploying stablecoins into âfi 802.</li> <li>Staking: Users earn extra APY by staking âfi 802 tokens.</li> <li>Investor Confidence: Crypto HNIs back its secure, autonomous model with deployments.</li> <li>On track to hit the first $1M in TVL / AUM, and ramp up fast to vault cap of $10Mn</li> <li>Multiple liquid crypto investors are in conversations to deploy in early 2025</li> <li>Wealth management firms have evinced interest to onboard âfi 802 for their clients in Singapore</li> </ul> Under the hood – AI & Tokenization Combining AI quant strategies with on-chain automation for advanced crypto investing, the AI model analyzes 90+ features — from blockchain activity, to technical indicators, and sentiment signals, and predicts high-confidence trades while avoiding low-certainty moves. This intelligent system drives weekly portfolio rebalancing, executed autonomously through secure, audited smart contracts. > User Experience & Accessibility aarnâ.ai addresses DeFi’s UX challenge with a mobile-first dApp on iOS, Android, along with the web dApp. The platform allows investors to track essential metrics like Net Asset Value (NAV) and TVL in real time, ensuring transparency. The dApp supports stablecoin deposits (USDC, USDT, DAI), and provides a streamlined experience for both retail and institutional investors to engage with complex DeFi strategies. > Custody, Liquidity, & Risk Investors retain custody of their funds and can redeem at NAV at any time, ensuring liquidity. The platform’s adaptive stop-loss system helps guard against sudden market downturns, while the AI model focuses on high-confidence trades. This combination of control, transparency, and risk management seeks to deliver outlier returns while mitigating downside exposure. The Bigger Picture: Why âfi 802 Matters High value investors – including HNIs, project treasuries, and whales—need a data-driven, self-custodied approach to managing crypto investments, with minimized counterparty risk and autonomy. âfi 802 is purpose-built, offering a structured, AI-driven model for smarter asset management. Moreover, with its decentralized architecture, aarnâ democratizes access, bringing sophisticated strategies to individual investors too. aarnâ is backed by an experienced team who have been in the trenches, deeply researching AI and tokenization. Repeat founder, Sri Misra applies a systems thinking led approach to DeFi. From leading M&A in London to founding Milk Mantra—a purpose driven consumer startup backed by Fidelity, Sri Misra & the aarnâ team brings a proven track record. With âfi 802, aarnâ aims to replicate the role that structured products like mutual funds, ETFs and quant funds play in traditional markets. Aarnâ.ai > âfi 802 tokenized AI alpha Discover how AI-driven, risk-managed crypto investing can work for you at <a href="https://www.aarna.ai/" rel="nofollow noopener" target="_blank">https://aarna.ai</a> For inquiries: <a href="mailto:afi@aarna.ai" rel="nofollow noopener" target="_blank">afi@aarna.ai</a> Photo – <a href="https://mma.prnewswire.com/media/2582394/aarna_image.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2582394/aarna_image.jpg</a> <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN80894&sd=2024-12-17" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/cryptos-first-ai-quant-tokenized-product-is-launched-by-aarna-protocol-302333969.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/cryptos-first-ai-quant-tokenized-product-is-launched-by-aarna-protocol-302333969.html</a> <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN80894&Transmission_Id=202412171100PR_NEWS_EURO_ND__EN80894&DateId=20241217" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ jamesteohart <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
HTX Ventures Identifies Five Rapidly-Growing Sectors in 2024, Expects Positive Crypto Regulations Driven by Trump Next Year

Tue, 17 Dec 2024 16:19:08 -0000

SINGAPORE, Dec. 17, 2024 /PRNewswire/ — As Bitcoin surpassed the $100,000 mark on December 5, 2024, this landmark year for the crypto industry is closing on a high note. It has also been a fruitful year for HTX Ventures, the global investment division of HTX, which supported a total of 28 leading crypto projects and funds, … Continue reading "HTX Ventures Identifies Five Rapidly-Growing Sectors in 2024, Expects Positive Crypto Regulations Driven by Trump Next Year"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2024/12/d841e9d2ae1895330493e6d28f6e4575.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/12/d841e9d2ae1895330493e6d28f6e4575.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/d841e9d2ae1895330493e6d28f6e4575-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/d841e9d2ae1895330493e6d28f6e4575-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/d841e9d2ae1895330493e6d28f6e4575-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>SINGAPORE, Dec. 17, 2024 /PRNewswire/ — As Bitcoin surpassed the $100,000 mark on December 5, 2024, this landmark year for the crypto industry is closing on a high note. It has also been a fruitful year for HTX Ventures, the global investment division of HTX, which supported a total of 28 leading crypto projects and funds, continually exploring new frontiers of crypto utility. Recently, HTX Ventures released its <a href="https://square.htx.com/htx-ventures-2024-year-in-review/" rel="nofollow noopener" target="_blank">2024 Year In Review</a>, highlighting this year’s key developments in the crypto industry and forecasting market trends for the upcoming year. Within this report, HTX Ventures highlighted five key sectors that showed encouraging progress in 2024 – the Bitcoin Ecosystem, Infrastructure, Meme Coins, AI, and the TON Ecosystem – and will continue to closely monitor these areas in 2025. <div dir="ltr" id="prni_dvprnejpg1419left" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt=" " id="prnejpg1419left" src="https://mma.prnewswire.com/media/2582735/image_838145_7129931.jpg" title=" "></img></div> Bitcoin Ecosystem With Bitcoin dominance reaching 56.81% and Bitcoin spot ETFs now accounting for 5.3% of the total Bitcoin supply, a new market trend has emerged. Bitcoin has solidified its position as the core asset, with spot ETFs acting as liquidity channels, and U.S. listed companies such as MicroStrategy (MSTR) serving as the vehicles to absorb unlimited dollar liquidity. As a result, it is increasingly essential to further develop Bitcoin’s ecosystem and enhance capital utilization efficiency. It has driven infrastructure projects, including Layer 2s, execution layers, interoperability solutions and security layers, to continuously emerge. With strong support from macro markets and infrastructure support, HTX Ventures anticipates a further surge in Bitcoin demand over the next two years. Infrastructure Infrastructure remained a cornerstone in this year’s crypto investments and funding. The synergy between capital and technology has driven the rapid development of Layer 1, Layer 2, and middleware projects, among others. Through ongoing upgrades and construction, the Ethereum ecosystem has improved Layer 2s’ performance and reduced network fees. Other Layer 1s, such as Solana and TRON, achieved active on-chain transactions, attributable to the development of meme coins, and infrastructure like Pump.fun and Sunpump. Layer 0 and cross-chain middleware have made breakthroughs in interoperability, expanding the multi-chain landscape. Modular public blockchains, like Celestia and Monad, offered exceptional performance and flexibility, thus attracting diverse applications. Restaking projects, which aim to enhance network security and capital efficiency, has seen speedy development and gained market attention. Bitcoin Layer 2 has emerged as a new focus in the primary market for its attempt to combine Bitcoin’s security with high-performance scaling solutions. As HTX Ventures stated, infrastructure is still imperative in this year’s crypto investments and funding. Layer 1 solutions, in particular, now represent the focal point of technical development and exploration within the crypto space, and it is expected to remain a priority for development resources and capital investment in the future. Meme Coins The Meme coin sector emerged as a hotspot in the crypto market in 2024, fostering community consensus while integrating with fields like DeFi and GameFi to create new use cases. For example, Solana has actively championed the innovation and growth of meme projects, successfully energizing its ecosystem. As the crypto market environment grows increasingly favorable, more retail investors are expected to enter the market, positioning Meme projects as vital channels for capital inflows. The Meme coin fair launch sector has gained significant market attention and attracted substantial participants this year. Infrastructure projects such as Pump.fun and SunPump have emerged as top-performing cash flow generators, injecting fresh momentum into Meme coin development. As multi-chain ecosystems mature and real-world use cases expand, Meme coin infrastructure will continue injecting more vitality into this sector. AI In 2024, the intersection of Crypto and AI sector has been driving the exploration of several segmented fields such as ZK/OPML for enabling AI on-chain, AI data crowdsourcing, decentralized computing power rental, AI data trading, AI games, and AI agents. One of the hottest segmented fields is AI agents, which are put on chains to take advantage of the token mechanism to incentivise and bootstrap certain behaviors with the agents, including interacting with smart contracts, trading and querying on behalf of users. In the future, AI agents will gradually become personal butlers and assistants for users, serving them with comprehensive capabilities, such as independent asset issuance, initiation of viral marketing campaigns, formation of DAOs, and even fund management and investment decision-making. Over time, they may develop unique cultures and religions. This deep integration of AI and encryption technology is a groundbreaking evolution that is unattainable within Web2 and cannot be achieved by Web3 relying solely on encryption technology. TON Ecosystem Attributable to Telegram’s hundreds of millions of users and robust technical support, the TON (The Open Network) ecosystem has progressively developed into a multi-layered blockchain ecosystem. In 2024, it experienced a full-scale boom in its ecosystem and market presence. From DeFi and meme coins to NFTs and gaming, TON leveraged its massive user base to achieve significant milestones in various fields, pioneering the monetization of Web2 social applications through crypto. One standout success was the adoption of “tap-to-earn” games with token airdrop incentives, which effectively onboarded a large number of Web2 users. However, as the TON ecosystem moves into 2025, it must explore and find new business models to improve user retention and identify its next growth curve. 2025 Outlook Donald Trump’s expected repeal of SAB 121 after his inauguration on January 20, 2025, would allow traditional financial institutions to hold crypto assets on their balance sheets, further accelerating the institutionalization of crypto assets. The repeal will not only open up more financing options for crypto but also make spot cryptos more accessible through existing institutional exchanges and partnerships. At the same time, this regulatory easing is poised to enhance the overall maturity of the institutional crypto market. With the entry of traditional financial institutions, Bitcoin is anticipated to gain stronger support and gradually establish itself as a core dollar-denominated asset, alongside others tied to the dollar industry cycles, such as AI. HTX Ventures points out that the market is still far from its bull market peak. Against the backdrop of Trump’s fiscal expansion policies and unprecedented crypto-friendly signals, a robust bull market is expected. To learn more, please visit: <a href="https://square.htx.com/htx-ventures-2024-year-in-review/" rel="nofollow noopener" target="_blank">https://square.htx.com/htx-ventures-2024-year-in-review/</a> <div dir="ltr" id="prni_dvprnejpg539eleft" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt=" " id="prnejpg539eleft" src="https://mma.prnewswire.com/media/2391903/image_ID__Logo.jpg" title=" "></img></div> About HTX Ventures HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With more than a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. HTX Ventures currently backs over 300 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active Fund of Funds (“FOF”) investors, HTX Ventures invests in 30 top global funds and collaborates with leading blockchain funds such as Polychain, Dragonfly, Bankless, Gitcoin, Figment, Nomad, Animoca, and Hack VC to jointly build a blockchain ecosystem. <a href="https://www.htx.com/ventures" rel="nofollow noopener" target="_blank">Visit us here.</a> Feel free to contact us for investment and collaboration at <a href="mailto:VC@htx-inc.com" rel="nofollow noopener" target="_blank">VC@htx-inc.com</a> Contact Details Ruder Finn Asia <a href="mailto:htx@ruderfinn.com" rel="nofollow noopener" target="_blank">htx@ruderfinn.com</a> Photo – <a href="https://mma.prnewswire.com/media/2582735/image_838145_7129931.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2582735/image_838145_7129931.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=EN81390&sd=2024-12-16" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/htx-ventures-identifies-five-rapidly-growing-sectors-in-2024-expects-positive-crypto-regulations-driven-by-trump-next-year-302333263.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/htx-ventures-identifies-five-rapidly-growing-sectors-in-2024-expects-positive-crypto-regulations-driven-by-trump-next-year-302333263.html</a> <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN81390&Transmission_Id=202412162308PR_NEWS_EURO_ND__EN81390&DateId=20241216" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ slabko sereda <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
Cryptocurrency Market to grow by USD 34.5 Billion (2024-2028), driven by rising investments in digital assets, Report on AI’s impact on market trends – Technavio

Mon, 16 Dec 2024 16:19:07 -0000

NEW YORK, Dec. 15, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The global cryptocurrency market size is estimated to grow by USD 34.5 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 16.64% during the forecast period. Rising investment in digital assets is driving … Continue reading "Cryptocurrency Market to grow by USD 34.5 Billion (2024-2028), driven by rising investments in digital assets, Report on AI’s impact on market trends – Technavio"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2024/12/137868d0d73a40c2e3aca094e5871239-2.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/12/137868d0d73a40c2e3aca094e5871239-2.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/137868d0d73a40c2e3aca094e5871239-2-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/137868d0d73a40c2e3aca094e5871239-2-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/137868d0d73a40c2e3aca094e5871239-2-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>NEW YORK, Dec. 15, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The global <a href="http://www.technavio.com/report/cryptocurrency-market-industry-analysis?utm_source=prnewswire&utm_medium=pressrelease&utm_campaign=ai_trend_v2_report_week50_2024&utm_content=IRTNTR74469" rel="nofollow noopener" target="_blank">cryptocurrency market</a> size is estimated to grow by USD 34.5 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 16.64% 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., Bitcoinforme S.L., Bitfury Group Ltd., CEX.IO Ltd, Coinbase Global Inc., Dogecoin, FMR LLC, Gemini Trust Co. LLC, KuCoin, Ledger SAS, Marathon Digital Holdings Inc, Pantera Capital, Pintu Kemana Saja, Riot Platforms Inc., Ripple Labs Inc., Shiba Inu, WazirX, Xapo Bank Ltd., Cardano, and Valora. <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <a href="https://mma.prnewswire.com/media/2581207/Technavio.html" rel="nofollow noopener" target="_blank"> <img decoding="async" alt="Technavio has announced its latest market research report titled Global Cryptocurrency Market 2024-2028" src="https://mma.prnewswire.com/media/2581207/Technavio.jpg" title="Technavio has announced its latest market research report titled Global Cryptocurrency Market 2024-2028"></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=ai_trend_v2_rfs1_week50_2024&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 prnvab prncbts prnbrbrs prnbbbs prnsblb1" colspan="1" rowspan="1"> 2024-2028 </td> </tr> <tr> <td class="prngen4" colspan="1" nowrap="nowrap" rowspan="1"> Base Year </td> <td class="prngen5" colspan="1" rowspan="1"> 2023 </td> </tr> <tr> <td class="prngen4" colspan="1" nowrap="nowrap" rowspan="1"> Historic Data </td> <td class="prngen5" colspan="1" rowspan="1"> 2018 – 2022 </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 Avalanche and others), Component (Hardware and Software), and 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., Bitcoinforme S.L., Bitfury Group Ltd., CEX.IO Ltd, Coinbase Global Inc., Dogecoin, FMR LLC, Gemini Trust Co. LLC, KuCoin, Ledger SAS, Marathon Digital Holdings Inc, Pantera Capital, Pintu Kemana Saja, Riot Platforms Inc., Ripple Labs Inc., Shiba Inu, WazirX, Xapo Bank Ltd., Cardano, and Valora </td> </tr> </table> </div> Key Market Trends Fueling Growth The adoption of cryptocurrencies like Bitcoin and Ether has gained traction among the public, retailers, and merchants for everyday transactions. In 2022, major retailers, including Starbucks, accepting cryptocurrencies improved public perception and their use for financial transactions. Starbucks currently partners with third-party exchanges for cryptocurrency-to-cash conversions. In April 2022, Starbucks introduced NFTs and cryptocurrencies for payments. Companies such as Tesla, PayPal, Microsoft, and AT&T accept cryptocurrencies for various transactions. Microsoft accepts Bitcoin for digital products and services. AT&T uses the BitPay processor for Bitcoin bill payments. EGifter is a platform for purchasing gift cards with Bitcoin and other cryptocurrencies. Cryptocurrencies, such as Bitcoin, have a faster growth rate than inflation, providing businesses with a valuable savings option. For small businesses and retailers, accepting cryptocurrency as an alternative payment method is crucial for unexpected circumstances and market growth. Cryptocurrencies, like Bitcoin and Ethereum, are digital currencies based on decentralized technology called Blockchain. This technology allows secure, transparent transactions without the need for intermediaries. 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 topics of debate. Skilled developers are in high demand for financial services in this digital revolution. Consumer protection and financial stability are crucial. Digital assets offer investment opportunities, but beware of scams and fraudulent investments. Renewable energy and blockchain talent are keys to a sustainable future. Cryptography and decentralized systems ensure secure transactions on public ledgers. Altcoins, mining, digital wallets, encryption, trading, brokers, and cryptocurrency exchanges are essential components of this market. Fiat currency payment methods include ACH transfers and wire transfers. Hot wallets and cold wallets offer different levels of security. Be cautious of crypto scams, fraud, and romance scams. Bitcoin trusts and mutual funds are investment vehicles. 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=ai_trend_v2_rfs2_week50_2024&utm_content=IRTNTR74469" rel="nofollow noopener" target="_blank">Request Sample!</a> Market Challenges <ul type="disc"> <li>The cryptocurrency market is characterized by extreme volatility due to the significant control held by a limited number of investors who trade high volumes on platforms and exchanges. In June 2022, Bitcoin experienced a 10% one-day value drop from its November 2021 peak of USD69,000 per token. Other digital currencies, such as Shiba Inu and Dogecoin, also saw declines of over 15%. The absence of regulations and fees on trading platforms contributes to this volatility, allowing those holding large shares to manipulate value for profit. Major investors, including Accel, Ribbit Capital, and Insight Partners, have chosen not to include cryptocurrency in their portfolios due to these risks, potentially hindering the market’s growth. The recent regulatory announcement in a certain country further exacerbated the market instability, causing significant drops in value for various cryptocurrencies.</li> <li>Cryptocurrencies, digital assets, offer financial innovation but bring challenges. Financial stability is a concern due to price volatility. Scams and fraudulent investments pose risks. Renewable energy and blockchain talent are keys to growth. Cryptography and decentralized systems ensure secure transactions on the public ledger. Altcoins, mining, and digital wallets expand the market. Encryption and trading require brokers and cryptocurrency exchanges. Fiat currency transactions via ACH and wire transfers are common payment methods. Hot wallets offer ease, cold wallets ensure security. Crypto scams, fraud, and romance scams threaten investors. Bitcoin trusts, mutual funds, and blockchain stocks offer investment vehicles. E-commerce, luxury goods, insurance payments, and cryptocurrency debit cards broaden use. Security is crucial, with encryption and decentralization providing solutions.</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=ai_trend_v2_rfs2_week50_2024&utm_content=IRTNTR74469" rel="nofollow noopener" target="_blank">Download a Sample Report</a> Segment Overview 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 Avalanche and 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 leading cryptocurrency with a market capitalization exceeding USD470 billion, is a digital currency that operates without central authorities. Its peer-to-peer (P2P) transfer system has gained global popularity, with 95% of interested parties aware of its existence. Bitcoin‘s market dominance is substantial, surpassing Ethereum‘s market cap by more than double. Tether, USD Coin, Binance USD, and DAI, pegged to the US dollar, are among the top cryptocurrencies in the top-20. In the US, approximately 8% of the population engages in cryptocurrency trading. Bitcoin‘s decentralized system, the blockchain, records all transactions on a public ledger, ensuring transparency and security. This widespread adoption and unique features contribute significantly to the expansion of the global cryptocurrency market. <a href="http://www.technavio.com/talk-to-us?report=IRTNTR74469&type=sample&src=report&utm_source=prnewswire&utm_medium=pressrelease&utm_campaign=ai_trend_v2_rfs2_week50_2024&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 (2024-2028) and historic data (2018 – 2022) Research Analysis The cryptocurrency market is a dynamic and evolving landscape shaped by the adoption of decentralized currencies built on blockchain technology. This digital revolution offers a decentralized system for financial transactions, enabling peer-to-peer exchanges without intermediaries. Ethereum, Bitcoin, Litecoin, Ripple, and a multitude of altcoins are leading the charge. However, the market faces challenges such as price volatility, cybersecurity threats, and theft risks. Regulatory outlooks vary globally, impacting financial services and consumer protection. Energy consumption and environmental effects are also concerns, while the need for skilled developers and blockchain talent continues to grow. Renewable energy solutions and cryptography offer potential solutions to these challenges. Amidst this digital revolution, financial stability and consumer protection remain key priorities. Despite scams and fraudulent investments, the potential for innovation and disruption is immense. Market Research Overview Cryptocurrencies, decentralized digital currencies built on blockchain technology, have revolutionized the financial landscape. Ethereum, the second-largest cryptocurrency, leads the charge in global adoption. However, price volatility remains a significant challenge. Cybersecurity and theft risk are concerns, with regulatory outlooks varying globally. Energy consumption and environmental effects are debated. Skilled developers are in high demand to build and secure the decentralized system. Financial services embrace cryptocurrencies, offering digital wallets, trading platforms, and investment vehicles like Bitcoin trusts and mutual funds. Consumer protection and financial stability are crucial. Renewable energy sources are being explored to reduce cryptocurrency‘s carbon footprint. Blockchain talent, cryptography, and decentralized transactions form the backbone of this digital revolution. Transactions are recorded on a public ledger, with altcoins, mining, and cryptocurrency exchanges playing key roles. Digital wallets, encryption, and trading brokers facilitate transactions. Fiat currency payment methods like ACH transfers and wire transfers can be used for cryptocurrency purchases. Hot and cold wallets offer different levels of security. Cryptocurrency scams and fraudulent investments are risks to be aware of. Cryptocurrency debit cards and insurance payments are emerging use cases. 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>Avalanche And 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://www.technavio.com/" rel="nofollow noopener" target="_blank">www.technavio.com/</a> <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder2"> <a href="https://mma.prnewswire.com/media/2581208/Technavio_Logo.html" rel="nofollow noopener" target="_blank"> <img decoding="async" alt="Global Cryptocurrency Market 2024-2028" src="https://mma.prnewswire.com/media/2581208/Technavio_Logo.jpg" title="Global Cryptocurrency Market 2024-2028"></img> </a> </div> <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=CG79869&sd=2024-12-15" 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-34-5-billion-2024-2028-driven-by-rising-investments-in-digital-assets-report-on-ais-impact-on-market-trends---technavio-302331706.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.com/news-releases/cryptocurrency-market-to-grow-by-usd-34-5-billion-2024-2028-driven-by-rising-investments-in-digital-assets-report-on-ais-impact-on-market-trends—technavio-302331706.html</a> SOURCE Technavio <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=CG79869&Transmission_Id=202412152139PR_NEWS_USPR_____CG79869&DateId=20241215" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ zoomteam <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
Human Traders Take the Lead Over Bots in the Bybit Copy Trading Competition

Sun, 15 Dec 2024 16:19:07 -0000

DUBAI, UAE, Dec. 13, 2024 /CNW/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has officially kicked off Copy Trading Face-Off: Human vs. Bot Copy Trading competition this week With a 200,000 USDT prize pool available to squad leaders, followers, and voters, the competition offers exciting opportunities for a wide range of participants. … Continue reading "Human Traders Take the Lead Over Bots in the Bybit Copy Trading Competition"

<figure><img width="696" height="464" src="https://cryptocurrencynews.com/wp-content/uploads/2024/12/8832aac30b131b65672244e4fa99b7df.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/12/8832aac30b131b65672244e4fa99b7df.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/8832aac30b131b65672244e4fa99b7df-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/8832aac30b131b65672244e4fa99b7df-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>DUBAI, UAE, Dec. 13, 2024 /CNW/ — <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 officially kicked off <a href="https://announcements.bybit.com/en/article/human-vs-bot-face-off-the-battle-begins--blt9f3eed9e06c2066d/?category=latest_activities" rel="nofollow noopener" target="_blank">Copy Trading Face-Off: Human vs. </a><a href="https://announcements.bybit.com/en/article/human-vs-bot-face-off-the-battle-begins--blt9f3eed9e06c2066d/?category=latest_activities" rel="nofollow noopener" target="_blank">Bot</a> Copy Trading competition this week With a 200,000 USDT prize pool available to squad leaders, followers, and voters, the competition offers exciting opportunities for a wide range of participants. Four days in, the intense showdown between Human Squads and Bot Squads has driven the total trading volume over 1.3 billion USDT and growing. Over 1,100 traders have formed or joined a squad of their choice, with 63% of them opting for the human camp. Thousands more have cast votes in favor of manual versus automated trading, with over 76% of the voters believing the human traders will claim eventual victory over bots. The heat is still on: the competition is still accepting new participants and will be concluding on Jan. 8, 2025. Upon reaching the targeted total trading volume, the 200,000 USDT prize pool will be fully unlocked: <ul type="disc"> <li>Grand Prize: 60% will go to the ultimate winning squad, which must reign over at least two of the three leaderboards: Master Traders’ PnL (%), Followers’ PnL (%), and Average Followers’ PnL (%).</li> <li>Rewards All Around: Non-winning squads that come in second will share 20% of the prize pool, ensuring their efforts are rewarded. Additionally, the top 100 traders by trading volume will split 30,000 USDT.</li> <li>Prediction Pool: 5% of the prize pool is allocated to 1,000 lucky voters.</li> </ul> Within each squad, Master Traders and Followers will share their winnings proportionally. Registration is required, and restrictions apply. “We are thrilled to introduce an exciting twist to copy trading—our Human vs. BOT Copytrading Competition,” said Jerry Li, Head of Financial Products at Bybit. “This innovative campaign brings together the best of both worlds, pitting skilled human traders against cutting-edge trading bots. With two dynamic squads, the Human Squad, led by seasoned traders, and the BOT Squad, driven by advanced AI algorithms, users can choose their preferred side and join the action. This competition showcases our commitment to empowering traders with diverse tools while fostering an engaging and competitive environment. It’s not just trading; it’s the future of trading. Let the ultimate challenge begin!” <a href="https://www.bybit.com/copyTrade/" rel="nofollow noopener" target="_blank">Bybit Copy Trading</a> provides a dynamic and practical solution for users to enhance their trading strategies while drawing inspiration from others. With just a few clicks, users can follow the trading styles of their preferred trading professionals. For more information on the competition and terms and conditions, users may visit: <a href="https://www.bybit.com/copyTrading/trader-vs-bot" rel="nofollow noopener" target="_blank">Copy Trading Face-Off: Human vs. Bot</a>. <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder7267"> <a href="https://mma.prnewswire.com/media/2580893/Bybit.html" rel="nofollow noopener" target="_blank"><img decoding="async" alt="Human Traders Take the Lead Over Bots in the Bybit Copy Trading Competition" src="https://mma.prnewswire.com/media/2580893/Bybit.jpg" title="Human Traders Take the Lead Over Bots in the Bybit Copy Trading Competition"></img></a> </div> #Bybit / #TheCryptoArk <div class="wcag-arialevel-5" role="heading" style="font-size: 0.83em;margin-block-start: 1.67em;margin-block-end: 1.67em;margin-inline-start: 0px;margin-inline-end: 0px;font-weight: bold;text-align: left">About Bybit</div> Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team. 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 more information, please visit: <a href="https://www.bybit.com/" rel="nofollow noopener" target="_blank">https://www.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=CN79546&sd=2024-12-13" title="Cision" width="12"></img> View original content to download multimedia:<a href="https://www.prnewswire.com/news-releases/human-traders-take-the-lead-over-bots-in-the-bybit-copy-trading-competition-302331356.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.com/news-releases/human-traders-take-the-lead-over-bots-in-the-bybit-copy-trading-competition-302331356.html</a> SOURCE Bybit <img decoding="async" alt="" src="https://rt.newswire.ca/rt.gif?NewsItemId=C9150&Transmission_Id=202412131030CANADANWCANADAPR_C9150&DateId=20241213" style="border:0px;width:1px;height:1px"></img> Featured Image: Unplash @ fabioha <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
Wirex Announces the Winners of the 2024 Rising Women in Crypto Awards

Sat, 14 Dec 2024 16:19:09 -0000

LONDON, Dec. 13, 2024 /PRNewswire/ — Wirex, a leading Web3 money app, is proud to announce the winners of the 2024 Rising Women in Crypto Awards, recognising the incredible contributions of women driving innovation and change in the crypto and blockchain industries. This year’s awards, supported by media partner BeInCrypto, celebrated women from across the globe … Continue reading "Wirex Announces the Winners of the 2024 Rising Women in Crypto Awards"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2024/12/feecb3d639276a34f077afe56f85691a-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/12/feecb3d639276a34f077afe56f85691a-1.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/feecb3d639276a34f077afe56f85691a-1-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/feecb3d639276a34f077afe56f85691a-1-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2024/12/feecb3d639276a34f077afe56f85691a-1-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>LONDON, Dec. 13, 2024 /PRNewswire/ — <a href="https://wirexapp.com/" rel="nofollow noopener" target="_blank">Wirex</a>, a leading Web3 money app, is proud to announce the winners of the 2024 <a href="https://wirexapp.com/women-in-crypto-2024" rel="nofollow noopener" target="_blank">Rising Women in Crypto Awards</a>, recognising the incredible contributions of women driving innovation and change in the crypto and blockchain industries. <div dir="ltr" id="prni_dvprnejpg4361left" style="width: 100%;text-align: left"><img loading="lazy" decoding="async" align="middle" alt="Wirex Announces the Winners of the 2024 Rising Women in Crypto Awards" height="240" id="prnejpg4361left" src="https://mma.prnewswire.com/media/2580915/Wirex.jpg" title=" Wirex Announces the Winners of the 2024 Rising Women in Crypto Awards Source* Wirex Label" width="400"></img></div> This year’s awards, supported by media partner <a href="https://beincrypto.com/" rel="nofollow noopener" target="_blank">BeInCrypto</a>, celebrated women from across the globe who are making waves in their fields. Winners were chosen through a combination of public voting and evaluations by a distinguished panel of industry experts. 2024 Rising Women in Crypto Awards Winners <ul type="disc"> <li>Best Blockchain Developer: Courtney Jensen, Ecosystem Engineer at Solana Foundation</li> <li>Best Crypto Journalist: Carina Schuster, Editorial Contributor at Forbes Business Development Council</li> <li>Best NFT Creator: Amrita Sethi, NFT Artist at Art by Amrita</li> <li>Best Founder: Dina Sam‘an, Co-Founder & Managing Director at CoinMENA</li> <li>Best Crypto Marketer: Julie Lee, Director of Marketing at Injective Labs</li> <li>Best Crypto Influencer: Lavinia Osbourne, Founder of Women in Blockchain Talks</li> <li>Best Crypto Compliance Expert: Liat Shetret, Director of Global Policy & Regulation at Elliptic</li> <li>Best Web3 UX/UI Designer: Sinlin Yeo, Founder of Web3 UX Community</li> </ul> Thank You to Our Community and Judges Wirex would like to extend a heartfelt thank you to everyone who voted and supported this initiative. A special thanks to our expert jury, who brought their insights and experience to the selection process: <ul type="disc"> <li>Alena Afanaseva, Founder & CEO at BeInCrypto</li> <li>Alexandra Overgaag, Founder & CEO of Thrilld Labs</li> <li>Elo Gimenez, Global PR Director at Consensys</li> <li>Kara Howard, Founder of SI<3></li> <li>Malak Albaw, Chief Investment Officer at AstroMust</li> <li>Maria Magenes, VP Strategy at Hype Partners</li> <li>Tove Andersson, Entrepreneur, Executive, and Community Builder at KryptoGäris & Bitchcoin</li> <li>Olga Yaroshevsky, Managing Director at AIBC</li> <li>Simone Maini, CEO at Elliptic</li> </ul> Pavel Matveev, Co-Founder of Wirex, said: “These awards not only celebrate the remarkable contributions of women in blockchain and crypto but also underline the importance of diversity in building a truly innovative industry. At Wirex, we’re proud to support initiatives that empower underrepresented voices and foster a more inclusive future for fintech.” “We are thrilled to recognize these exceptional women who are shaping the future of blockchain and crypto,” said Diana Velychko, PR & Communications Manager and Campaign Coordinator for the Rising Women in Crypto Awards at Wirex. “Their work continues to inspire and drive positive change in the industry.” The awards, presented annually by Wirex, aim to celebrate and amplify the voices of women making a difference in the world of blockchain and crypto. This initiative highlights the importance of diversity and inclusion in driving the future of the industry. Notes to editors: About Wirex Wirex is a prominent UK-based digital payments platform with over 6 million customers spread across 130 countries. It offers secure accounts, making it easy for users to store, purchase, and exchange multiple currencies seamlessly. As a principal member of both Visa and Mastercard, Wirex goes beyond traditional services, embracing the evolving trends of Web3 to provide mainstream access to digital finance and wealth management. Having processed transactions totalling $20 billion, Wirex aims to contribute to the adoption of a cashless society by facilitating straightforward transactions in various currencies worldwide. Wirex is simplifying digital payments, making it more accessible and convenient for people across the globe. Photo: <a href="https://mma.prnewswire.com/media/2580915/Wirex.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2580915/Wirex.jpg</a> Logo: <a href="https://mma.prnewswire.com/media/2031625/5074894/Wirex_Logo.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2031625/5074894/Wirex_Logo.jpg</a> <div dir="ltr" id="prni_dvprnejpgc07cleft" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt="Wirex_Logo" id="prnejpgc07cleft" src="https://mma.prnewswire.com/media/2031625/5074894/Wirex_Logo.jpg" title="Wirex_Logo"></img></div> <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN79562&sd=2024-12-13" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/wirex-announces-the-winners-of-the-2024-rising-women-in-crypto-awards-302331368.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/wirex-announces-the-winners-of-the-2024-rising-women-in-crypto-awards-302331368.html</a> <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN79562&Transmission_Id=202412130910PR_NEWS_EURO_ND__EN79562&DateId=20241213" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ nils ackerman <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
88% Chance of No Change: Fedwatch Tool’s Bold Call Ahead of Next Fed Meeting

Thu, 02 Jan 2025 21:30:31 -0000

In just 26 days, the Federal Open Market Committee (FOMC) of the U.S. Federal Reserve will gather to deliberate on whether to adjust the federal funds rate. As of Jan. 2, 2025, with the next meeting slated for Jan. 29, the market anticipates no movement in the rate. Fed’s Rate Play: Markets Brace for January […]
2025 Kicks Off With Big Wins on Wall Street for Bitcoin Miners

Thu, 02 Jan 2025 19:33:46 -0000

It was an eventful year for bitcoin miners in 2024, with the fourth Bitcoin halving and the cryptocurrency surpassing the $100,000 threshold. Kicking off 2025, three publicly traded mining companies posted double-digit gains, while others also delivered solid performances. Bitcoin Miners Ride High: Top Seven Firms by Market Cap Post Gains Currently, bitcoinminingstock.io lists around […]
Lightchain AI Sells Out Stage 10 With Only 5 Stages Left in Presale—$8M Raised

Thu, 02 Jan 2025 18:00:44 -0000

PRESS RELEASE. The buzz is real, and the future is brighter than ever! Lightchain AI, the groundbreaking blockchain project that’s revolutionizing AI through decentralized synergy, has just sold out Stage 10 of its presale. With a whopping $8M already raised and only 5 stages left, this milestone is a testament to the overwhelming trust and […]
Report: Wall Street Giant Morgan Stanley Eyes Crypto Services Through E-Trade

Thu, 02 Jan 2025 17:34:51 -0000

As reported by The Information, E-Trade, the online trading arm of Morgan Stanley—an asset management titan handling $1.2 trillion—is contemplating a leap into cryptocurrency services. The buzz surrounding more lenient crypto regulations during the Trump administration may have sparked E-Trade’s interest in this potential venture. Morgan Stanley’s E-Trade Reportedly Poised to Dive Into the Crypto […]
Publicly Listed Miner Bitfufu Ramps Up: Secures a Fleet of 80,000 Miners From Bitmain

Thu, 02 Jan 2025 16:09:22 -0000

On Jan. 2, 2025, the publicly traded company Bitfufu announced its latest strategic move, securing a partnership with Bitmain to acquire a whopping 80,000 Antminer S units from the prominent ASIC bitcoin mining machine producer. Bitfufu’s Bold Move With Bitmain In a recent disclosure to the U.S. Securities and Exchange Commission (SEC), Nasdaq-listed Bitfufu shared […]
Meme Coin Prices Pump as Analyst Tips Wall Street Pepe for Explosive Rally

Thu, 02 Jan 2025 16:00:40 -0000

Meme coins are making a comeback, with several posting double-digit gains in the past 24 hours. This sudden jump has surprised investors, especially given the sluggishness since Christmas. However, one analyst thinks this is just the beginning – predicting that the new Wall Street Pepe (WEPE) coin could be a key player in a larger […]
XRP Market Update: Is $2.90 Within Reach After Key Resistance Break?

Thu, 02 Jan 2025 14:25:27 -0000

On Thursday, XRP is currently dancing at a price of $2.36 to $2.40 in the last hour, with a market valuation soaring to $137 billion and a 24-hour trading volume hitting $9.65 billion, bouncing between an intraday range of $2.16 to $2.452. XRP In the short term, XRP’s 1-hour chart is on a upward journey, […]
T3 Financial Crime Unit Marks Enforcement Victory: USDT 100 Million in Criminal Assets Frozen Across Five Continents

Thu, 02 Jan 2025 14:00:29 -0000

PRESS RELEASE. Singapore – January 2, 2024 – The T3 Financial Crime Unit (T3 FCU), a collaboration between TRON, Tether, and TRM Labs, has frozen more than USDT 100 million in criminal assets globally, passing a significant milestone in its fight against cryptocurrency-related financial crime. Launched in August 2024, T3 FCU has rapidly emerged as […]
Bitcoin Technical Analysis: $100K in Sight as Bulls Battle Key Resistance Levels

Thu, 02 Jan 2025 13:40:35 -0000

Bitcoin, currently coasting along at $96,566 to $96,751 over the last hour, with a 24-hour volume of $27.76 billion and a market valuation of $1.92 trillion, has been bouncing between $93,444 and $96,794, hinting at exciting volatility according to technical indicators. Bitcoin On the hourly chart, bitcoin‘s price has been on an impressive upward climb […]
Bitcoin’s December Shake-Up: Fewer Transactions, Record-Breaking Value

Thu, 02 Jan 2025 13:05:35 -0000

Excluding Dec. 1, daily transactions on the Bitcoin blockchain experienced a steep decline as the month unfolded. Between Dec. 2 and Dec. 31, a total of 12,105,415 transactions were recorded. Despite the drop, on Dec. 5, the network achieved a record high for the total dollar value of transactions processed in a single day in […]