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Cryptocurrency News
Bitcoinist
2d
82
Image Credit: Bitcoinist
Ripple CTO Exposes Sophisticated Scam Tactics Mimicking Crypto Exchanges
- Ripple CTO David Schwartz warns XRP community about phishing operation targeting Coinbase users.
- Fraudulent emails closely mimic legitimate communications from Coinbase, urging users to click on links to update account information.
- Schwartz emphasizes that every email like this is a scam and advises against clicking any links.
- Schwartz's warning highlights the need for caution and vigilance among cryptocurrency users to protect against scams.
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Blockonomi
2d
54
Image Credit: Blockonomi
Cardano (ADA) Price: Hits $0.96 as Cardano Foundation’s Past USDC Deal Comes to Light
- Charles Hoskinson defended IOG’s ADA holdings, stating they were earned through building Cardano rather than received as a gift, with an initial value of $8M in 2015
- A dispute emerged over a missed USDC integration opportunity in 2021, when the Cardano Foundation allegedly declined a $3M deal
- Major stablecoin issuers remain hesitant to support Cardano, citing concerns about DApp adoption and transaction volume
- Cardano is preparing for BitcoinOS integration, potentially accessing $1.4T in liquidity, while also developing the Midnight scaling project
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TheNewsCrypto
2d
356
Image Credit: TheNewsCrypto
Best New Coins to Buy and Hold for Long Term- Is Lightchain AI Coin Next in Line for a Binance Listing After FLOKI and BabyDoge’s Success?
- Lightchain AI Coin is gaining traction as a top contender for long-term investment in the crypto market.
- With $10.6 million raised in its presale and tokens priced at $0.00525, Lightchain AI is positioning itself as a standout choice for investors.
- Following the success of FLOKI and BabyDoge, speculation is growing about a potential Binance listing for Lightchain AI Coin.
- The integration of artificial intelligence with blockchain technology and the platform's innovative features make Lightchain AI a promising candidate for future growth and adoption.
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TheCryptoBasic
2d
367
Image Credit: TheCryptoBasic
Bitcoin and Crypto in the Spotlight as US Congressman Proposes to Abolish the IRS and Reform Tax Code
- US Congressman Earl Buddy Carter has filed a bill called the Fair Tax Act, H.R. 25, which aims to abolish the IRS and reform the US tax code.
- The bill proposes simplifying the taxing process, abolishing income, payroll, and estate taxes, and implementing a national consumption tax system.
- The IRS has been facing backlash, including lawsuits from the Texas Blockchain Council and Blockchain Association, over its proposed tax regulations for the crypto industry.
- The IRS has also faced criticism for its insistence on taxing unrealized staking gains, as challenged by a US couple in a lawsuit.
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TheCryptoBasic
2d
250
Image Credit: TheCryptoBasic
Dogecoin Fails $0.34 Breakout: Will Bears Retest $0.30?
- Dogecoin fails to break above $0.34, retreats towards $0.31 support level.
- Strong bearish sentiment with consistent downward movement and negative alignment of moving averages.
- Technical indicators issue sell signal, suggesting potential further downside for Dogecoin.
- Potential double-bottom reversal could initiate bullish recovery, retesting $0.40 mark; failure to hold $0.30 support level risks significant drop.
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Altcoinbuzz
2d
90
Mango Markets Closes Following SEC Agreement
- Mango Markets closes following SEC agreement.
- Closure follows governance proposals ending borrowing and lending services on Mango.
- Mango DAO settles SEC charges, fined $700K.
- Roots of closure tied to 2022 exploit and $100M loss.
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TheCryptoBasic
2d
258
Image Credit: TheCryptoBasic
Inflation Likely Coming in Hot with PPI and CPI This Week: How will Bitcoin and Crypto React?
- Inflation is anticipated to rise as indicated by the Producer Price Index (PPI) and Consumer Price Index (CPI) data releases this week.
- Bitcoin and crypto asset prices may face selling pressure due to the expected increase in inflation.
- The data suggests a rise in PPI by 3.3% YoY in December 2024 and an increase in CPI to 2.9% YoY, moving away from the Fed's 2% target.
- The likelihood of no rate hikes during the first half of the year could weigh on Bitcoin price gains, while potential upside drivers may come from Bitcoin-related legislation approval.
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TronWeekly
2d
117
Image Credit: TronWeekly
AIOZ Breaks $1.20 Barrier: 3 Hidden Catalysts for 2025 Surge
- AIOZ Network surges past $1.20 as platform gains recognition from CoinMarketCap, backed by decade-long AI research and 20+ peer-reviewed papers.
- The W3AI platform launch promises revolutionary local AI computing with rewards, attracting developers and enthusiasts to the AIOZ ecosystem.
- AIOZ achieves NVIDIA catalog listing and launches W3S and W3IPFS, positioning strongly for 2025’s decentralized AI evolution.
- Key factors driving AIOZ momentum include established AI research track record, innovative local AI computation model, and privacy-preserving architecture.
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Coinpedia
2d
46
Image Credit: Coinpedia
FTX’s $1.2B Crypto Repayments Start Soon, but Here’s Why It’s Unfair
- FTX is set to repay over $1.2 billion to users, starting after January 20th.
- Creditors must complete pre-distribution steps like tax forms and KYC verification to receive payments.
- Repayment calculations based on pre-bankruptcy crypto prices, drawing criticism due to significant price increases since then.
- The repayments are expected to impact the crypto market and bring about changes in terms of investments and market stability.
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TheCryptoBasic
2d
227
Image Credit: TheCryptoBasic
SUI Analysis: Can RSI Divergence Trigger a Reversal Rally?
- The SUI token has dropped by 7.83% in the past 24 hours, trading at $4.47 with a market cap of $13.44 billion.
- On the 4-hour chart, SUI shows bearish pressure with the breakdown of key support levels.
- The 4-hour RSI reflects a bullish divergence in the SUI price trend, increasing the chances of a minor recovery.
- The bearish trend is likely to persist, with the next significant support at the $4 psychological level.
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Bravenewcoin
2d
305
Image Credit: Bravenewcoin
XRP’s Meteoric Rise and Bitcoin’s New High – Can Ethereum and Solana Keep Up the Momentum?
- XRP and Bitcoin have recently grown at a rapid pace, leaving many traders wondering if other major players like Ether and Solana can keep up with them.
- Ether and Solana, which are currently trading at $3,154 and $180 respectively, have exciting prospects and are expected to climb higher in the near future.
- Upcoming upgrades like Pectra could enhance Ethereum's scalability and security, while Solana's Firedancer validator client is designed to process over a million transactions per second.
- Wall Street Pepe ($WEPE) is a new ICO that aims to give everyday crypto traders the tools they need to compete on a level playing field. It has a smart trading signal system and a private trading community where traders can share ideas and strategies.
- Solaxy ($SOLX) is shaping up to be a major addition to Solana's ecosystem. It's the first Layer-2 scaling solution for the network, designed to fix some of Solana's biggest headaches.
- Investors are paying attention to projects like Wall Street Pepe and Solaxy. Wall Street Pepe could become an asset for smaller traders, while Solaxy's roadmap includes plans to work with multiple chains.
- With major upgrades on the horizon, Ethereum and Solana have what it takes to stay in the game, but only time will tell if they can match Bitcoin and XRP's explosive momentum.
- New presale projects like Wall Street Pepe and Solaxy are drawing attention and might be the next big thing in crypto.
- This article is sponsored content and readers must conduct their own due diligence before engaging with any company or product mentioned.
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Bravenewcoin
2d
11
Image Credit: Bravenewcoin
Dormant Whale Activity Signals Ethereum Shake-Up – Will ETF Momentum Push ETH to New Highs?
- ETH is expected to rebound to $3,800 soon and hit new all-time highs by the end of the month. This will occur as whale activity intensifies and boosts market growth.
- Some analysts predict that ETH will near-double following Donald Trump’s inauguration on January 20th, with it pushing past $6,000 if it dips to $2,800 beforehand.
- The MVRV or Market Value to Realized Value ratio suggests the asset has been oversold in the past month and Ethereum’s current price dip points to a long-term bullish market.
- Investors have been putting their money into upcoming altcoins such as Wall Street Pepe and Solaxy, the former of which raised over $47 million in just their presale.
- Wall Street Pepe is built around Pepe the Frog and gives its token holders access to expert trading signals and insider groups.
- Solaxy is the world’s first Solana-based Layer 2 meme coin and has already raised over $10 million in its presale. Solaxy expects to offer unprecedented transaction speeds at the lowest gas fees possible.
- Ethereum still on a path to reach new ATHs, and whales are pouring huge amounts of ETH into forthcoming altcoins.
- The losses are just temporary, and Ethereum is still expected to hit new ATHs before the end of the month.
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Crypto-News-Flash
2d
242
Image Credit: Crypto-News-Flash
HashKey Group Secure VASP Approval for Dubai Expansion
- HashKey Group secures approval for VASP registration, enhancing compliance and global digital asset service expansion.
- HashKey Europe Limited, a subsidiary of HashKey Group, receives registration approval as a VASP from the Irish Central Bank.
- The approval allows HashKey to offer services such as custodial wallet services, client transfers of virtual assets, and virtual asset to fiat currency exchange.
- HashKey's focus on sustainable growth and blockchain innovation is reflected in their HSK token burn strategy.
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Bravenewcoin
2d
35
Image Credit: Bravenewcoin
Best Crypto to Buy Now For Potentially Massive Returns- These Coins Projected Could Explode Upon Launch
- The crypto market has experienced a dip and more than eight million job openings in the US triggered the liquidation of crypto assets worth more than $200M.
- Today’s global market cap is $3.31T, and there has been a 0.64% increase over the last 24 hours, showing that the recovery has started.
- This article covers six cryptos projected to explode after launch: Wall Street Pepe ($WEPE), Solaxy ($SOLX), Flockerz ($FLOCK), Best Wallet ($BEST), Meme Index ($MEMEX), and Dogizen (DOGIZ).
- Jacob Bury, an analyst, believes Wall Street Pepe ($WEPE) will bring 10x gains even with a modest investment.
- Solaxy ($SOLX), a unique Solana Layer 2 Meme Coin, raised $10M in presale as of now.
- Flockerz ($FLOCK) is a meme coin that attracted the crypto community’s attention with its vote2earn approach, raising more than $9.7M in presale.
- Best Wallet ($BEST) aims to tap into the huge market of trusted crypto wallets, delivering unmatched security to users, and has raised $7M in presale.
- Meme Index ($MEMEX) is a highly interesting meme coin offering 995% APY with its different risk-level meme coin baskets.
- Dogizen (DOGIZ), a Tap2Earn Meme Coin, has connected 900M Telegram users through exploration, travel, and online interactions with rewards in the real world, generating $2.9M in presale.
- Investing in crypto assets involves significant risk, and readers are strongly encouraged to conduct their own due diligence before engaging with any company or product mentioned.
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Crypto-News-Flash
2d
180
Image Credit: Crypto-News-Flash
Rexas Finance and BlockDAG Investors Show Growing Interest in 1Fuel’s Revolutionary Model
- Rexas Finance (RXS) and BlockDAG (BDAG) are generating excitement in the DeFi space.
- Investors are showing interest in 1Fuel's DeFi model, with its presale surpassing $1.2 million in sales.
- 1Fuel stands out with its innovative DeFi solutions, including easy cross-chain transactions and enhanced privacy features.
- RXS and BDAG investors are rushing to participate in 1Fuel's presale, positioning themselves for potential significant gains.
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