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Cryptocurrency News
Guardian
1d
67
Image Credit: Guardian
UK must be less dependent on China for critical minerals, says thinktank
- The UK must become less dependent on China for critical minerals, according to a report by Labour Together.
- The report suggests reducing reliance on China by building partnerships with other countries to 'de-risk' supply chains.
- China's dominance in critical mineral supply chains creates vulnerability for the UK, especially after Brexit.
- The report emphasizes the importance of engaging with China on mining standards and calls for improved coordination, international partnerships, and responsible investment.
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Newsbtc
1d
82
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XRP Price Prediction: Wave 2 And 5 Targets Put XRP At $7 And $13
- A crypto analyst has set an ambitious target between $7 and $13 for the XRP price, basing his predictions on the Elliott Wave theory and Fibonacci levels.
- With Wave 2 already complete, the analyst anticipates that Wave 3 could trigger a strong price rally, potentially propelling XRP to $7.4.
- In the final wave, XRP could rise to $13.5 and potentially even surge as high as $27.4.
- Whales continue accumulating XRP, with recent purchases of 40 million XRP suggesting confidence in the cryptocurrency's bullish outlook.
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Crypto-News-Flash
1d
188
Image Credit: Crypto-News-Flash
The Best Crypto Presales of Early 2025 Ready for Takeoff – See Our Best Picks!
- BlockDAG (BDAG) is leading the 2024 crypto presale arena with its pioneering DAG technology, targeting a 30,000x ROI.
- Dogizen (DOGIZ) is a promising presale for 2025, pioneering the Web3 gaming frontier and integrating users into various games.
- Wall Street Pepe ($WEPE) has gained traction and raised over $32.5 million, offering unique investment insights.
- PEPETO ($PEPETO) offers historical adventures with an attractive staking option, already securing $2.8 million in its presale.
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TronWeekly
1d
71
Image Credit: TronWeekly
What’s at Stake for Crypto Holders? IRS Staking Rewards Tax Battle
- The IRS maintains that staking rewards are taxable as income upon receipt, not upon sale.
- The Jarretts’ legal challenge seeks to classify staking rewards as property, delaying taxation until sale.
- The outcome of this case could reshape US tax policy on cryptocurrency staking rewards.
- The IRS reinforces its stance that cryptocurrency staking rewards should be taxed as income upon receipt, dismissing arguments for deferred taxation until sale.
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TheNewsCrypto
1d
305
Image Credit: TheNewsCrypto
XRP Becomes December’s Most Traded Altcoin on Binance Despite Recent Price Drop
- XRP is the most traded altcoin on Binance this December with over $116.6 million in trading volume.
- XRP is expected to bounce back quicker than other altcoins despite its recent price drop.
- XRP's wallet numbers are growing, showing more people are interested in it after the SEC's decision.
- XRP's strong performance on Binance Futures and its growing popularity among investors make it a token to watch in the future.
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Blockonomi
1d
33
Image Credit: Blockonomi
This $0.0013 Crypto Gem Could Be the Next Solana With 15,000% Growth Potential
- An emerging cryptocurrency valued at $0.0013 is attracting attention for its potential 15,000% growth, similar to Solana.
- DOGEN, a meme coin, is expected to skyrocket due to Trump's victory and Elon Musk's support for meme coins.
- Dogecoin (DOGE) has experienced a 130% surge in one week, and DOGEN is following the same upward trend.
- With a strong community and a referral program, DOGEN aims to rise to $0.0019, a 500% increase from its initial price.
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TheNewsCrypto
1d
312
Image Credit: TheNewsCrypto
Layer 2 Solutions for Ethereum: The Future of Blockchain in 2025
- Layer 2 solutions are crucial components for scaling Ethereum in 2025 and beyond, addressing challenges like network congestion and high gas fees.
- Optimistic Rollups are one of the most promising Layer 2 scaling solutions. They can significantly reduce gas fees and transaction times while maintaining Ethereum’s security.
- ZK-Rollups use cryptographic proofs to ensure transaction validity, making them faster and more efficient in terms of cost and speed.
- Polygon is one of the most widely adopted Layer 2 solutions. It aims to provide scalability to Ethereum through its sidechain and PoS model.
- Loopring is a zk-Rollup-based solution focused primarily on decentralized exchanges. Its unique architecture helps Ethereum scale in the DEX market.
- Ethereum 2.0’s transition and sharding mechanism make Layer 2 solutions even more important in 2025. By combining sharding with Optimistic Rollups, Ethereum could achieve higher throughput and lower costs.
- Celer Network focuses on improving user experience in decentralized applications through state channels and sidechains, reducing congestion on the Ethereum mainnet.
- Fuel Labs aims to create a modular execution layer for Ethereum, enhancing its scalability, transaction throughput, and cost efficiency.
- In 2025, Layer 2 solutions will revolutionize efficiency, lower costs, increase transaction speeds, and boost Ethereum’s capacity to support large-scale decentralized applications and financial services.
- Layer 2 solutions will remain central to Ethereum's success, driving global adoption and ensuring its continued growth.
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Blockonomi
1d
52
Image Credit: Blockonomi
Don’t Overlook These Undervalued Altcoins in Early 2025’s Bull Market
- As Bitcoin surges beyond $100,000 and the market heats up, focus turns to the under-the-radar cryptocurrencies.
- Meet $XYZ – the first-ever all-sports memecoins for true crypto degens hungry for 1000X profits.
- Cardano (ADA) offers a platform for smart contracts with its environmentally friendly Ouroboros proof-of-stake system.
- Stellar Lumens (XLM) simplifies money transfer and partners with major companies.
- IOTA (IOTA) uses the Tangle to allow data and value to move directly between parties without middlemen and aims to fully decentralize the network in its IOTA 2.0 upgrade.
- Shiba Inu (SHIB) runs on the Ethereum blockchain and has introduced a decentralized exchange called ShibaSwap.
- XYZVerse (XYZ) stands out by uniting sports fans in a meme culture, aiming for 20,000% growth with a community-driven, sustainable approach.
- Presale is underway for $XYZ which has already soared over 1000% and targeting a mind-blowing 99,900% surge!
- In the current market cycle, coins with strong technology and real use cases, like Stellar and IOTA, may have an edge over speculative coins.
- Investors look for coins that offer real value. SHIB's development of tools and community could make it appealing.
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3 Likes
TheCryptoBasic
1d
252
Image Credit: TheCryptoBasic
Mt Gox’s Bitcoin Transfers to B2C2 Group Exceed $364M: A Closer Look
- Bankrupt entity Mt. Gox has transferred over $364 million worth of Bitcoin to market maker B2C2 Group.
- Between December 5 and present, Mt. Gox has offloaded a total of 3,631.87 BTC to B2C2.
- The transfers are believed to be part of Mt. Gox's creditor repayment process.
- Market liquidity is expected to absorb the selling pressure without major disruption.
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Coinpedia
1d
97
Image Credit: Coinpedia
Does the Federal Reserve Have The Power To Block The Bitcoin Reserve Plan?
- Fed Chair Jerome Powell stated that the Federal Reserve has no intentions of participating in any government plan to accumulate Bitcoin.
- The Fed does not have the power to block the creation of a Bitcoin Strategic Reserve (BSR) as it falls under the jurisdiction of Congress.
- The Trump administration could potentially establish a BSR through an executive order, bypassing the need for congressional approval.
- A more stable and legal route for a long-term BSR would involve congressional legislation, which is currently under review by the Senate Banking Committee.
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5 Likes
Bitcoinist
1d
343
Image Credit: Bitcoinist
Bitcoin Price Recovery To $150,000: Fibonacci Levels Show What To Expect Next
- Crypto analyst TradingShot predicts Bitcoin price recovery to $150,000.
- Bitcoin has entered phase 3 of the bull cycle and is expected to reach the next high at $150,000.
- There could be more price correction before the $150,000 target is achieved.
- TradingShot's analysis shows potential for a 100% rally and a possible top at $200,000.
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20 Likes
TronWeekly
1d
101
Image Credit: TronWeekly
Nokia Patents a Powerful Encryption System for Blockchain Security
- Nokia has filed a patent for an encryption system designed to enhance the security of digital assets, particularly cryptocurrencies.
- The encryption system will encrypt crypto assets using a first key and only authorized individuals with the corresponding private key can access them.
- Nokia's move aims to address the growing security risks and concerns in the crypto industry, including hacking and unauthorized access.
- Other tech companies, such as Microsoft, Sony, and Apple, have also filed patents related to blockchain technology and cryptocurrency for enhanced security and efficiency.
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TheNewsCrypto
1d
75
Image Credit: TheNewsCrypto
Virtuals Protocol and Zetachain Decline as This New Altcoin Gains Investor Confidence
- Virtuals Protocol and Zetachain face challenges in retaining investor confidence.
- FXGuys, a rising DeFi star, gains investor confidence with innovative features.
- Virtuals Protocol and Zetachain struggle with network scalability and lack of innovation.
- FXGuys solidifies its position with its Trader Funding Program, staking rewards, and Trade2Earn initiative.
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4 Likes
Crypto-News-Flash
1d
82
Image Credit: Crypto-News-Flash
Best Crypto Coins to Buy Right Now Before Christmas [Backed By Experts]
- Qubetics brings a unified framework that facilitates seamless data exchange, asset transfers, and cross-chain transactions.
- Bitcoin (BTC) is the genesis of blockchain technology and the cornerstone of the cryptocurrency market.
- Ethereum (ETH) revolutionised blockchain technology by introducing smart contracts and self-executing agreements with predefined terms.
- Solana (SOL) has earned its reputation as one of the fastest blockchains in the industry, capable of processing up to 65,000 transactions per second (TPS).
- Cardano (ADA) takes a scientific and research-driven approach to blockchain development.
- Avalanche (AVAX) is designed for high throughput and near-instant finality, making it a top choice for developers requiring scalability and flexibility.
- Polkadot (DOT) is a next-generation blockchain emphasising interoperability, enabling independent blockchains to exchange data and collaborate seamlessly.
- Near Protocol (NEAR) is a scalable, developer-friendly blockchain for user accessibility and high performance.
- XRP, developed by Ripple Labs, focuses on transforming the world of cross-border payments.
- Binance, originally launched as a cryptocurrency exchange, has expanded its ecosystem to include the Binance Smart Chain (BSC).
- The blockchain landscape is continuously evolving, driven by projects that push the boundaries of technology and innovation.
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Coinpedia
1d
162
Image Credit: Coinpedia
Veles Enhances Cryptocurrency Trading with Cutting-Edge Automation and Backtesting Tools
- Veles is a platform for cryptocurrency algorithmic trading that offers advanced automation capabilities and robust backtesting tools.
- The platform enables users to create and deploy intelligent trading bots, customize strategies, and integrate with major exchanges.
- Veles supports a wide array of algorithmic strategies, offers risk management tools, and emphasizes the importance of backtesting for refining trading strategies.
- With a focus on user empowerment, accessibility, and innovation, Veles aims to set standards in algorithmic trading.
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