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Crypto-News-Flash

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Freelancers Opt for Plus Wallet’s No-Cost Business Tools; Updates on FCA’s Crypto Regulation and Bitget Wallet

  • Plus Wallet has gained popularity among businesses and freelancers as a cost-effective solution for enhancing operations.
  • Bitget Wallet has introduced GetGas, a multi-chain gas payment service to streamline on-chain transactions and improve multi-chain functionalities.
  • The UK's FCA has released a discussion paper outlining its upcoming plans for crypto regulation, aiming to enhance market integrity and protect consumers.
  • Plus Wallet offers a comprehensive crypto solution for enterprises, featuring tools like complimentary invoicing, quick send options, and unified wallet balances.

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Medium

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STON.fi Weekly Round-Up

  • STON.fi extended impermanent loss protection for liquidity providers in the STON/USDT V2 pool.
  • Trade memecoins at a reduced fee of 0.02% on STON.fi.
  • STON.fi integrated with Tobi, an AI-powered crypto trading assistant.
  • STON.fi expanded its grant program to support three pioneering projects: Uniramp, Meme.live, and TON Hedge.

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Bitcoinist

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Crypto Staking Classified As Taxable By IRS Amid Legal Dispute

  • The US tax regulator, the Internal Revenue Service (IRS), has clarified that rewards generated from cryptocurrency staking are taxable as income upon receipt.
  • The IRS stated that staking rewards do not constitute new property and should be taxed immediately, refuting comparisons to farming or creative works.
  • The IRS' decision comes amidst an ongoing legal dispute with Tennessee residents who argued that staking rewards should only be taxable upon sale or exchange.
  • Crypto staking involves locking up cryptocurrency to validate transactions and secure the network, earning passive income. Taxpayers must track the fair market value of staking rewards at the time of receipt.

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Crypto-News-Flash

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Plus Wallet Leads the Run With Its Swift, Secure Listings While FCA Rolls Out New Crypto Rules; Exodus Launches on NYSE

  • The UK’s Financial Conduct Authority (FCA) has issued new crypto guidelines aimed for complete enforcement by 2026.
  • Exodus Wallet has gained approval to list its shares on the NYSE American under the ticker EXOD, marking a milestone in institutional acceptance of cryptocurrency.
  • Plus Wallet offers 15-minute listings, providing projects with quick market access, robust features, and a user-friendly application.
  • Plus Wallet's rapid listings, unlimited rewards, and cross-chain capabilities position it as the leading crypto wallet for developers and users.

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TronWeekly

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JPMorgan Analysts See XRP Reaching $5 Soon, But Lightchain AI Dominates the Market With a $2.5 Target

  • JPMorgan analysts predict XRP reaching $5 soon, driven by institutional adoption and positive market sentiment.
  • Lightchain AI (LCAI) is gaining momentum as a decentralized platform integrating AI and blockchain, with analysts setting a $2.5 price target.
  • XRP's surge is attributed to strong fundamentals like the launch of Ripple's stablecoin RLUSD and anticipated crypto-friendly regulatory environment.
  • Lightchain AI's unique fusion of AI and blockchain positions it as a potential market dominator, offering real-world applications and broad industry use cases.

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Bitcoinik

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Senior South African politician suggests country invest in Bitcoin ($BTC)

  • Mzwanele Manyi, a senior South African politician and former corporate executive, suggests that the country should consider investing in Bitcoin.
  • Manyi believes that Bitcoin is unstoppable and will devalue gold and silver significantly, urging the country to hedge its gold reserves by investing in the cryptocurrency.
  • He claims that adopting Bitcoin could help the country offset its debt within two years and drive industrialization with the remaining fund reserves.
  • The discussion around Bitcoin investment in South Africa is gaining momentum due to the proposed 'Bitcoin Strategic Reserve Act' in the US.

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Crypto-News-Flash

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Active Traders Are Getting Rich with Plus Wallet’s Swap to Earn! Luxury Brands Now Accept Crypto; Insights on MINGO Tickets 

  • Printemps becomes the first European department store to accept Bitcoin and Ethereum for payments, following other luxury brands and retailers embracing crypto payments.
  • MINGO Wallet introduces MINGO Tickets, an NFT-based ticketing system aimed at addressing issues like fraud and scalping in the industry, providing secure tickets and capped resale prices.
  • Plus Wallet offers Swap to Earn and Refer to Earn programs, allowing traders to accumulate rewards effortlessly and providing a user-friendly mobile wallet for crypto trading.
  • Crypto payments are gaining momentum in high-end retail, while MINGO Tickets and Plus Wallet offer innovative solutions to enhance user experience in ticketing and crypto trading.

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Bravenewcoin

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This Token’s Momentum Is on Track to Replicate Solana’s Meteoric Rise

  • Lightchain AI (LCAI) has the potential to replicate Solana’s incredible rise with its presale price currently at $0.003
  • Unlike many tokens, Lightchain AI’s unique approach, including its Proof of Intelligence consensus mechanism and Artificial Intelligence Virtual Machine, positions it as a promising player in the crypto space
  • Lightchain AI aims to address concerns by integrating AI with blockchain technology, enhancing scalability and security
  • By incorporating AI into its infrastructure, Lightchain AI aims to create smarter, more secure systems
  • Lightchain AI stands out with its unique blend of artificial intelligence and blockchain
  • Lightchain AI introduces PoI consensus mechanism, a game-changing approach to securing and validating transactions on the blockchain
  • The integration of artificial intelligence into Lightchain AI’s blockchain platform allows for greater adaptability and performance
  • Both projects aim to address key pain points in the blockchain space, such as slow transaction speeds and high fees, positioning them for similar success
  • Lightchain AI’s presale is priced attractively at just $0.003, offering early investors a unique opportunity to buy into a project that promises significant long-term potential
  • By getting in early, investors can take advantage of the low entry price and potentially see substantial returns as the project matures and gains market traction

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TheNewsCrypto

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Best New Meme Coins to Invest in Today: BTFD’s BIG50 Festive Deal Sparks Investor Frenzy as Shiba Inu’s Airdrop Excites and Pudgy Penguins Drops

  • BTFD Coin (BTFD) is offering a huge 50.77% discount named the BIG50 festive deal, which makes this the perfect moment to jump in.
  • Shiba Inu (SHIB) and Pudgy Penguins (PENGU) are also making headlines for their own reasons, adding to the intrigue around meme coins.
  • BTFD Coin offers a unique blend of innovation, community focus, and financial opportunity, with a Play-to-Earn game, a staking program, and a robust referral programme.
  • Shiba Inu’s ecosystem recently announced an airdrop named “Shifu,” which rewards loyal community members and is a compelling choice for investors.
  • Pudgy Penguins made headlines again with the launch of its Solana-based token, PENGU, offering a chance to be part of an evolving ecosystem with significant potential.
  • BTFD Coin is giving investors a chance to turn chaos into opportunity with its presale deal that’s too good to ignore, complete with a festive bonus.
  • Based on market trends and community engagement, BTFD, Shiba Inu, and Pudgy Penguins are undoubtedly among the best new meme coins to invest in today.
  • BTFD leverages the network’s security and scalability, ensuring a seamless experience for users, and positioning it for long-term success.
  • Shiba Inu’s ecosystem expansion continues to gain traction, which, coupled with its expansion plans around its NFT platform and governance systems, make it a promising investment.
  • Pudgy Penguins’ ecosystem remains strong, driven by a passionate community and a commitment to innovation, creating significant opportunities for investors.

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Cryptoslate

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MV Global predicts significant expansion for DeSci sector via utility memecoins

  • Decentralized Science (DeSci) is predicted to experience significant growth in 2025, driven by utility memecoins.
  • DeSci aims to integrate blockchain technology into scientific research, enhancing transparency and collaboration.
  • The DeSci sector has evolved to include diverse projects such as research funding, health data management, and open-source initiatives.
  • MV Global projects the scaling of Pump.Science platform and foresees at least 10 projects reaching over $100 million market capitalization in 2025.

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Bitrates

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CryptoKeying Announces Dedicated Mining of Bitcoin, Litecoin, and Dogecoin

  • CryptoKeying is a reliable platform for cryptocurrency miners, offering dedicated mining services for Bitcoin, Litecoin, and Dogecoin.
  • The platform simplifies the mining process and provides a user-centric approach for beginners and experienced miners.
  • CryptoKeying offers well-structured Dogecoin mining with real-time monitoring tools and strong security features.
  • The platform also provides various cryptocurrency deposit and withdrawal services.

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Medium

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CDP Stablecoin and Sapphire: The Next Big Boost in the DeFi World?

  • Stablecoins have a market capitalization of over $150 billion and are crucial for the DeFi ecosystem.
  • CDP protocols account for more than 35% of stablecoin supply, providing decentralization and transparency.
  • Sapphire, a ParaTime on the Oasis Protocol, offers superior security, low transaction costs, scalability, and multi-asset support.
  • Sapphire allows for diverse collateral types, increasing flexibility and scaling the market for CDP stablecoins.

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TronWeekly

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Qubetics Announces Partnership with SWFT Blockchain, As Bitcoin Faces 14% Drop and Ethereum Leads DeFi with 70% TVL Dominance

  • Bitcoin (BTC) faces a 14% drop amid a broader market selloff.
  • Ethereum (ETH) leads in DeFi with 70% total value locked (TVL) dominance.
  • Qubetics announces partnership with SWFT Blockchain to revolutionize crypto transactions.
  • Bitcoin, Ethereum, and Qubetics are recommended as the best cryptos to buy in December 2024.

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TronWeekly

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HashKey Group and CIAM Launch Groundbreaking Asset-Backed Liquidity Notes

  • HashKey Group and CIAM have launched Short-Term Asset-Backed Liquidity Notes (STBL) to strengthen the link between traditional finance and blockchain technology.
  • The partnership aims to revolutionize financial operations by expanding the issuance of STBL to HashKey Chain, enhancing scalability and efficiency.
  • STBL ensures stable, low-risk returns for investors and is backed by AAA-rated money market funds, maintaining a stable $1 value per token.
  • HashKey Group's native token, HSK, has surged over 44% in the past two weeks, trading at approximately $1.97, reflecting growing confidence in its ecosystem.

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Bitcoinist

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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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