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Bitcoin News
Coinpedia
4h
331
Image Credit: Coinpedia
Crypto Market Today (Dec 24, 2024): Bitcoin Price at $93k | PENGU, BGB Among Top Gainers!
- Bitcoin price drops 2.14% to $93,990.75 in 24 hours
- Ethereum shows 1.15% price surge to $3,395.50
- PENGU and BGB emerge as top gainers among top 100 cryptos
- Total crypto market cap stabilizes at $3.31 trillion
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Altcoinbuzz
4h
330
AI Agent Swarms: The Next AI Evolution?-Part 2
- AI agents are set to go mainstream, redefining industries and making technology smarter and more collaborative.
- Challenges in the AI agent sector include the quality of learning data, memory restrictions, legal accountability, and gaining trust from users.
- Exciting AI agent swarm projects include Spectral Labs, FXN, Kolin, Project89, and Zerebro.
- As trust, memory, and legal certainty are addressed, AI agents are expected to expand further, especially in the crypto space.
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Coinpedia
4h
214
Image Credit: Coinpedia
30% of UAE Investors Will Increase Crypto Holdings in 2025, Reveals eToro
- UAE investors have witnessed a significant surge in crypto investments, with Bitcoin and stablecoins dominating.
- Over 30% of UAE investors plan to increase their crypto investments in 2025, according to a survey by eToro.
- Additionally, UAE investors are planning to diversify their portfolios into traditional assets and focus on saving more and investing regularly.
- The UAE aims to position itself as the world's leading crypto hub by 2025.
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12 Likes
Newsbtc
4h
27
Image Credit: Newsbtc
Bitcoin Short-Term Holders Fueling Potential Dip – $90K Support Crucial Level To Hold
- Bitcoin experienced high volatility, trading between $92,300 and $96,420.
- Short-term holders continue to sell their coins, potentially causing a price decline.
- Bitcoin resilience at $90,000 support is crucial for avoiding a deeper correction.
- BTC needs to regain key levels at $96,500 and $98,500 to resume bullish momentum.
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1 Like
Altcoinbuzz
5h
68
Is Hyperliquid Getting Hacked by North Korea?
- Crypto derivatives platform Hyperliquid saw its token, $HYPE, plummet after crypto security researcher Taylor Monahan shared a post alleging it was being targeted by North Korea-linked hackers.
- Monahan suggested the hackers were testing the L2 platform’s security.
- Hyperliquid relies on a small number of validators and as such risks being in danger should the hackers - or another group - breach the system.
- However, Hyperliquid’s team says no exploits have been found and that all user funds are accounted for.
- One analyst said that Hyperliquid could be in trouble with regulators, specifically, he cited the Securities and Exchange Commission, for interacting with users from a sanctioned region.
- Hyperliquid has seen net outflows of around $502m with inflows of around $250m.
- The platform has responded to the claims, reassuring users that it has taken all necessary steps to ensure security and that there is no reason to be concerned.
- However, some analysts continue to suggest that users should remain vigilant.
- If the L2 is hacked, it could lead to a similar situation as other high-profile crypto hacks, such as the $600m Ronin bridge hack that impacted the Axie Infinity platform in 2022.
- As of now, Hyperliquid has not been hacked and investors should be cautious.
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Cryptoslate
5h
195
Image Credit: Cryptoslate
Russia to limit mining in energy-strapped regions until 2031
- Russia has introduced a regional ban on Bitcoin mining, set to begin on Jan. 1, 2025, and remain in effect until March 15, 2031.
- The ban will only apply during peak energy consumption periods in ten regions of Russia.
- The restriction also extends to parts of the Irkutsk region, Buryatia, and the Zabaikalsky Krai.
- The ban aims to address energy infrastructure challenges and curb power imbalances while efficiently allocating electricity resources.
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11 Likes
Cryptoslate
5h
255
Image Credit: Cryptoslate
El Salvador touts Bitcoin success in talks with China
- El Salvador showcased its Bitcoin achievements during a meeting between Vice President Félix Ulloa Jr. and Zhang Yanhui, the Ambassador of the People’s Republic of China.
- El Salvador has over 6,217 BTC in state reserves, valued at over $500 million, highlighting its transformation into a symbol of financial freedom.
- Led by Stacy Herbert, the Bitcoin Office in El Salvador has implemented pro-crypto initiatives and policies, contributing to the nation's adoption of Bitcoin.
- El Salvador aims to increase its Bitcoin reserves by 20,000 BTC, signifying its strong commitment to cryptocurrency adoption.
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15 Likes
Newsbtc
6h
239
Is Altcoin Season Here Already? VanEck Answers As Bitcoin Price Struggles Below $100,000
- Bitcoin price correction has led to attention turning toward the altcoin market.
- VanEck suggests that the current crypto environment may favor altcoins against Bitcoin.
- Altcoin Season Index indicates that the crypto industry is currently in an altcoin season.
- Market participants anticipate an altcoin season with the overperformance of top altcoins against Bitcoin.
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14 Likes
Altcoinbuzz
6h
231
AI Agent Swarms: The Next AI Evolution? Part 1
- AI agent swarms are a new innovative concept in artificial intelligence where multiple AI agents work together seamlessly to achieve a common goal.
- AI agents are individual professional workers focused on specific tasks, and when combined in swarms, they can perform tasks better and faster than humans.
- AI agent swarms offer benefits such as handling complex workloads, dropping single points of failure, and adapting quickly by sharing knowledge within the swarm.
- This article is the first part of a series that explores the potential of AI agent swarms in various industries.
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13 Likes
Bitcoinchaser
6h
230
Image Credit: Bitcoinchaser
BGaming Christmas Drop at Thunderpick: Play and Win up to €250!
- Join the BGaming Christmas Drop promotion at Thunderpick and play participating Bgaming games for a chance to win rewards.
- The campaign period lasts until January 1st, 2025, at 23:59 UTC.
- Participating games include popular slots like Snoop Dogg Dollars, Aztec Magic Megaways, and more.
- There is a €5,000 prize pool divided into 194 prizes, with the top prize being €250.
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13 Likes
Bitcoinchaser
6h
94
Image Credit: Bitcoinchaser
Wager Race at Fortunejack: Your Shot at the $10K Holiday Prize Pool!
- Join the Wager Race at Fortunejack and compete for a share of the $10,000 prize pool.
- Opt-in to the tournament and play eligible slots to earn points and climb the leaderboard.
- The top 25 players will receive prizes based on their position and points.
- No wagering requirements on the rewards, and winnings can be withdrawn immediately.
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5 Likes
Cryptoticker
7h
276
Image Credit: Cryptoticker
Top 3 Bitcoin Predictions for 2025
- The year 2025 could be transformative for the cryptocurrency industry, with Bitcoin predicted to play a growing role as a global asset and a surge of ETFs, stablecoins and DeFi ecosystem.
- By 2025, a G7 or BRICS nation may lead the way in establishing a Strategic Bitcoin Reserve (SBR), which could reshape economic power structures.
- Layer 2 solutions are unlocking Bitcoin’s potential for decentralized finance, with the total value locked (TVL) in Bitcoin DeFi expected to surpass $24 billion.
- Tech giants may follow Tesla’s lead and add Bitcoin to their balance sheets, with fair value accounting rules and protection against fiat currency depreciation as key incentives.
- By 2025, the circulating supply of stablecoins is expected to double, exceeding $400 billion, and the popularity of Ethereum and other crypto ETFs is predicted to surge.
- The total cryptocurrency market cap, which hit $3.8 trillion in 2024, is forecasted to exceed $8 trillion by 2025, driven by innovation in dApps, expanding user base, and institutional investment.
- The U.S. is set to regain its position as a global crypto powerhouse under the leadership of President Trump, who takes office in January 2025.
- Trump’s administration brings a collaborative regulatory approach, ending restrictive policies like Operation Chokepoint 2.0, ensuring equitable banking access and causing a startup renaissance.
- Trump’s focus on economic innovation and deregulation is expected to attract top talent and capital, reinforcing the U.S. as a hub for crypto development and entrepreneurship.
- Cryptocurrency is poised to redefine global finance with unclear regulations and innovative developments paving the way for widespread adoption.
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16 Likes
Altcoinbuzz
7h
238
How to Avoid Fake Crypto Liquidity Pools
- Liquidity pools are the foundation of DeFi, ensuring easy and direct trading without involving third parties.
- Scammers create fake crypto liquidity pools and use misleading methods like rug pulls to swindle investors.
- To avoid fake crypto liquidity pools, investors should watch out for excessively high returns, anonymous developers, non-audited smart contracts, inactive communities, and suspicious tokenomics.
- It is important to stick with legitimate crypto pools and conduct thorough research to protect investments.
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14 Likes
Newsbtc
7h
256
Image Credit: Newsbtc
Binance Altcoin Market Crowns XRP As December’s Champion – Details
- XRP emerges as the most traded altcoin on Binance in December.
- Despite market challenges, XRP remains resilient and shows a 250% annual increase in value.
- Analysts observe growing interest in XRP's derivatives trading.
- Wallet growth signals increasing adoption and stability for XRP.
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15 Likes
Altcoinbuzz
8h
35
Saylor Proposes $81T Bitcoin Reserve Plan for US
- Bitcoin advocate Michael Saylor proposes an $81 trillion Bitcoin reserve plan for the US to erase national debt.
- Saylor's plan aims to generate $16 trillion to $81 trillion for the US Treasury and strengthen the dollar.
- The plan includes organizing digital assets into six categories and reducing compliance costs for issuers and owners.
- Some critics argue that the plan would weaken the dollar and worsen the national debt.
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2 Likes
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