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Cryptocurrency News
Bitcoinist
19h
162
Image Credit: Bitcoinist
Singapore Takes the Lead Over Hong Kong in Asia’s Crypto Hub Race – Here’s Why
- Singapore has surpassed Hong Kong as the leading digital asset hub in Asia in terms of regulatory efficiency and appeal to crypto firms.
- Singapore issued more than double the number of crypto licenses in 2024 compared to 2023, attracting major global players.
- Hong Kong's slower progress in its licensing regime, coupled with restrictive rules, has hindered its competitiveness.
- Singapore's balanced regulatory approach and initiatives driving blockchain adoption have positioned it as a stable choice for digital asset operations.
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Crypto-News-Flash
19h
22
Image Credit: Crypto-News-Flash
$500 in Dogen Will Make You a Millionaire Before Ethereum Hits $10,000
- DOGEN, the meme coin, is gaining attention and presents a potential opportunity for investors.
- DOGEN has seen significant growth following the US election results, with a 333% increase in value.
- With a total of 13 presale stages, DOGEN is expected to increase by 500% from its initial price.
- DOGEN has a strong and engaged community, along with a multi-level referral program for rewards.
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Bitcoinsensus
19h
118
Image Credit: Bitcoinsensus
Microstrategy Proposes Major Share Increase to Fund Aggressive BTC Purchases
- Microstrategy proposes major share increase to fund aggressive BTC purchases.
- Microstrategy aims to expand BTC holdings by $42 billion over three years through equity sales and fixed-income securities.
- The company seeks shareholder approval to increase authorized shares, potentially accelerating its fundraising target.
- Microstrategy purchased over half a billion dollars in BTC near its all-time high and plans to continue its BTC purchases.
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TronWeekly
19h
0
Image Credit: TronWeekly
Ethereum’s Struggle: Will Liquidity Challenges Keep ETH Price in Check?
- The price of Ethereum remains in the no-trade zone between $3,030 and $3,130 as support and $3,640 to $3,740 as resistance.
- Despite the recent market correction, Ethereum is giving several signals that are very bullish, according to CryptoQuant.
- Ethereum is struggling with liquidity, which poses a challenge for its price stability and future movement.
- Without better liquidity in the near future, Ethereum could face downward pressure despite long-term bullish expectations.
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Crypto-News-Flash
19h
229
Image Credit: Crypto-News-Flash
Hidden Potential: The Best Undervalued Altcoins to Watch in 2025
- As the crypto market heats up, hidden gems in the form of undervalued altcoins might reveal the next big opportunities in cryptocurrency.
- In the meme coin arena, XYZ is leading the charge and is set to deliver jaw-dropping gains.
- Cardano's (ADA) environmentally friendly approach, scalability, and low-fee interactions with smart contracts make it an attractive option.
- Stellar Lumens (XLM) with its ability to handle transfers of any currency and offer practical solutions, stands out in the current market cycle.
- IOTA's feeless and scalable approach with the upcoming 2.0 upgrade can position it as a key player in the digital future economy.
- Shiba Inu (SHIB) has grown into something more and is building tools and a community that could last beyond a meme token.
- While ADA, XLM, IOTA, and SHIB are promising, XYZ stands out as the pioneering all-sport memecoin, aiming for massive growth.
- Undervalued altcoins like these could see significant growth by 2025, providing a chance for early investors to secure life-changing gains.
- With a bull market underway and a potential rise in meme coins, uncovering hidden assets might reveal the next big opportunities in cryptocurrency.
- It is crucial to conduct thorough research before investing in any digital currency.
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Pymnts
20h
226
Image Credit: Pymnts
Allo Secures $100 Million Credit Facility to Expand Crypto Lending Platform
- Allo has secured a $100 million bitcoin-backed credit facility to expand its platform that helps institutions and individuals participate in crypto lending.
- Allo has staked over 544 BTC through the Babylon Bitcoin Staking Protocol, positioning itself as a key player in enabling bitcoin-secured networks.
- The financing round was facilitated by a consortium of lenders, including Greengage.
- Allo has also made other recent developments, including its inclusion in the Binance Labs and BNB Chain MVB Accelerator program and preparations to launch its native $RWA cryptocurrency.
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Bitcoinsensus
20h
344
Image Credit: Bitcoinsensus
TraderTraitor Group Targets Ginco Employee in Major $308 Million Crypto Heist
- The FBI recently unveiled a major crypto hacking scam that resulted in over $308 million lost from DMM Bitcoin.
- The attack was orchestrated by a North Korean group known as “TraderTraitor”.
- Hackers used LinkedIn to target a Ginco employee, leading to the theft.
- North Korean hackers were responsible for around $1.3 billion stolen from the crypto industry in 2021.
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Crypto-News-Flash
20h
319
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Crypto Market Explodes to $3 Trillion: Find Out How Web3Bay Could Outperform XRP & Cardano!
- The crypto market has surpassed a $3 trillion market cap, with XRP, Cardano, and Web3Bay standing out as key utility coins.
- XRP shows promise amidst legal challenges, with post-election dynamics hinting at potential growth.
- Cardano has rallied 76%, driven by $11.5 billion in transactions from large investors, solidifying its position as a leading blockchain platform.
- Web3Bay is redefining e-commerce with a dynamic rewards system, combining decentralized e-commerce and loyalty benefits.
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Coinjournal
20h
40
Image Credit: Coinjournal
University of Floki launched
- The University of Floki is a crypto education platform offering a variety of blockchain courses and lessons.
- At launch, ‘Introduction to Blockchain Technology’ and ‘Understanding DeFi Fundamentals’ courses were available.
- The University of Floki aims to bridge the knowledge gap for crypto enthusiasts and make education accessible and engaging.
- It aligns with the goal of mainstream crypto adoption and positions Floki as a recognized cryptocurrency globally.
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TronWeekly
20h
193
Image Credit: TronWeekly
MicroStrategy’s Bitcoin Strategy Pays Off with 477% Gain in 2024: Here’s Why
- MicroStrategy's stock surged 477% in 2024 due to aggressive Bitcoin purchases.
- MicroStrategy's bet on Bitcoin transformed the company into a prominent figure in the digital asset space.
- MicroStrategy currently holds around 444,262 BTC valued at approximately $42 billion.
- Despite criticism, MicroStrategy's CEO, Michael Saylor, remains confident in Bitcoin's long-term value.
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Coinjournal
21h
122
Image Credit: Coinjournal
PENGU overtakes WIF and GRT as market cap surges 521%
- Pudgy Penguins (PENGU) token on Solana blockchain witnessed a 521% increase in market capitalization since its debut.
- PENGU token's market cap hit $2.5 billion within the first day, overtaking coins like WIF and GRT.
- Listings on exchanges like Binance and OKX, along with partnerships, have contributed to PENGU's growth.
- Strategic airdrop distribution and high transaction volumes on the Solana blockchain have fueled PENGU's success.
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Cryptoslate
21h
156
Image Credit: Cryptoslate
Top 10 NFT collections outperform fungible tokens in weekly returns
- Non-fungible tokens (NFTs) outperformed their fungible peers over the past seven days, with the 10 largest collections registering a 6.4% average gain.
- The NFT collection with the highest upside was Space Doodles, with a 44.7% increase in their price.
- However, popular NFT collections like Bored Ape Yacht Club and CryptoPunks experienced negative returns, impacting the overall average.
- Despite the positive performance, NFT sales volume on popular blockchains like Ethereum and Bitcoin saw a decline.
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Tech Story
21h
130
MicroStrategy outperforms nearly every US stock with a 480% yearly gain thanks to Bitcoin MicroStrategy & Bitcoin
- MicroStrategy has outperformed nearly every US stock with a 480% yearly gain thanks to Bitcoin.
- MicroStrategy's aggressive hoarding of bitcoins has contributed to their impressive returns.
- The company's success has drawn attention to the potential of digital assets in corporate strategies.
- MicroStrategy's performance has inspired other companies to explore Bitcoin and blockchain technologies.
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Zycrypto
21h
197
Image Credit: Zycrypto
XRP Eyes $5 Monster Move As Ripple’s Stablecoin Goes Live On Major Exchanges
- The New York Department of Financial Services approves Ripple's stablecoin, RLUSD, on the XRP Ledger and Ethereum blockchains.
- RLUSD is now live on prominent exchanges such as Bullish and Independent Reserve, expanding its availability.
- RLUSD is pegged 1:1 to the US dollar and backed by reserves and cash equivalents.
- XRP's price has experienced volatility but shows signs of potential growth, with big whale purchases indicating the possibility of a price rally.
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Tech Story
21h
334
SEC approves first spot Bitcoin and Ethereum combo ETFs from Hashdex and Franklin Templeton BTC & ETH Combo
- The U.S. Securities and Exchange Commission approves the first spot bitcoin and Ethereum combination exchange-traded funds.
- Investors can now have direct exposure to Bitcoin and Ethereum without buying or holding the underlying assets.
- The approval is expected to increase investor confidence, institutional wealth inflow, and lead to further convergence of traditional finance with decentralized finance (DeFi).
- The industry celebrates the decision as a milestone in the relationship between digital and traditional finance.
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