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Cryptography News
Cryptoslate
1w
126
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Galaxy CEO predicts Bitcoin market cap will overtake gold in 5 to 8 years
- Galaxy Digital founder and CEO Mike Novogratz predicts that Bitcoin could surpass gold's market capitalization within 5 to 8 years.
- Bitcoin's market cap has reached 14% of gold's value, marking a new all-time high.
- This milestone coincides with Bitcoin's surge to a new lifetime peak of $108,000.
- Novogratz's remarks reflect growing confidence in Bitcoin's potential and its increasing acceptance as 'digital gold.'
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Zycrypto
1w
313
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RCOF’s Crypto Presale Offers Early Entry into AI Altcoin with $1 Billion Potential
- RCO Finance's crypto presale offers early entry into an AI altcoin with $1 billion potential
- RCO Finance's platform combines AI and blockchain to make trading easier
- The standout feature is the robo-advisor, which provides real-time updates and tailored advice
- RCO Finance also offers unique features like non-KYC policy, global trading access, and lending protocol
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Zycrypto
1w
275
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WallitIQ (WLTQ) Launches First Of Its Kind Al-Powered Crypto Wallet That Will Change The Face Of DeFi Forever
- WallitIQ (WLTQ) has launched an AI-powered crypto wallet aimed at transforming the DeFi space.
- The ongoing presale offers early access to the wallet, with the potential for 3,000x growth.
- The wallet features advanced tools for portfolio optimization and trading, as well as low transaction fees and additional benefits.
- WallitIQ (WLTQ) provides a secure platform with biometric authentication, encryption, and AI-powered anomaly detection.
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Zycrypto
1w
59
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Crypto Traders Reveal 54,600% Potential Of ETFSwap (ETFS) DeFi Altcoin Trading At A Low Price as Shiba Targets $0.05
- The Shiba Inu price surge towards $0.05 is attracting attention, but smart crypto traders are now focusing on ETFSwap (ETFS).
- ETFSwap (ETFS) is a DeFi altcoin with the potential to deliver a 54,600% return on investment.
- Unlike Shiba Inu, ETFSwap (ETFS) offers a clear utility by bringing the ETF market into the blockchain world.
- With strong security measures and promising market trajectory, ETFSwap (ETFS) presents an opportunity for exponential gains.
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Cryptoslate
1w
245
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BlackRock’s IBIT becomes decade’s top ETF for inflows, surpassing all rivals
- Blackrock's spot Bitcoin ETF, IBIT, becomes the most successful ETF launch in over 10 years.
- IBIT received $418.8 million in net flows on December 16, surpassing approximately 2,850 other ETFs.
- Since its launch, IBIT has accumulated $36.3 billion in positive net flows, surpassing US-traded spot Bitcoin ETFs.
- IBIT holds the record for the largest daily inflow among Bitcoin ETFs, capturing over $1.1 billion in a single day.
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Zycrypto
1w
38
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Chedda Finance Partners with DIA for Reliable Price Feeds in Lending Pools
- Chedda Finance partners with DIA to integrate reliable price feeds into lending pools.
- DIA's trustless and customizable data oracles enhance the accuracy and transparency of asset pricing.
- Integration of DIA's cross-chain price feeds ensures users can access accurate, real-time pricing data.
- The partnership supports Chedda Finance's focus on transparency, user trust, and future network expansions.
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Cryptoslate
1w
241
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Coinbase fights back against BiT Global’s effort to block WBTC delisting
- Coinbase has pushed back against BiT Global's attempt to halt the delisting of wrapped Bitcoin (WBTC).
- Coinbase cites concerns about TRON founder Justin Sun's alleged fraud and market manipulation as well as the lack of transparency regarding WBTC's reserves.
- BiT Global accuses Coinbase of unfairly delisting WBTC and claims it will cause reputational and financial harm.
- Coinbase argues that the delisting decision aligns with its responsibility to protect platform integrity and customer confidence.
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Bitcoinmagazine
1w
334
China May Be On the Verge of Ending Its Bitcoin Ban
- China may be on the verge of ending its Bitcoin ban.
- There have been significant global developments in favor of Bitcoin this year.
- China operates in secrecy and prefers to make moves quietly.
- China may unban Bitcoin in the near future to stay competitive in the global race.
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Cryptoslate
1w
338
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Satoshi Action Fund reveals potential executive order draft to establish US Bitcoin Strategic Reserve
- Dennis Porter, founder of the Satoshi Action Fund, has unveiled a draft of an executive order to establish a Strategic Bitcoin Reserve within the Exchange Stabilization Fund (ESF).
- The order allows for an initial allocation of up to 2% of the ESF's total portfolio value for a pilot period of 18 months.
- The draft proposes using BTC in US government custody as the foundation for the reserve, integrating Bitcoin into the ESF, and discontinuing the auction of confiscated Bitcoin held by US authorities.
- The proposal includes oversight mechanisms, regular audits, and a comprehensive report to Congress within 24 months to evaluate alternative frameworks for reserve management.
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Coinjournal
1w
105
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Virtuals Protocol token, VIRTUAL, drops 16%: is the bullish momentum over?
- The Virtuals Protocol token, VIRTUAL, has experienced a 16% price drop following a bull rally driven by AI agents’ hype and listings on major exchanges.
- The decline is attributed to profit-taking and an overbought market condition indicated by the RSI.
- This pullback may present a buying opportunity for new investors.
- The drop raises questions about the continuation of the bullish momentum.
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Coinjournal
1w
245
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Market volatility rocks Pudgy Penguins’ $1.5B PENGU airdrop on Solana
- Pudgy Penguins' PENGU token experiences extreme price volatility during its airdrop launch.
- PENGU trading volume reaches $90 million within hours, resulting in significant gains and losses for traders.
- Major exchanges list PENGU as NFT prices initially surge, but drop after token claim sell-offs.
- Technical issues and DDoS attacks cause difficulties for claimants during the PENGU token launch.
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Cryptoslate
1w
309
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Bloomberg analysts expects ‘wave of crypto ETFs’ next year but some hurdles remain
- Bloomberg analysts predict a wave of new crypto exchange-traded funds (ETFs) in 2025.
- Bitcoin-Ethereum (ETH) combination products are expected to lead, followed by Litecoin (LTC) and Hedera Hashgraph (HBAR).
- Legal and regulatory obstacles are anticipated to delay ETFs tied to Solana (SOL) and XRP.
- The future of Solana and XRP ETFs remains uncertain due to ongoing regulatory scrutiny and pending lawsuits.
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Bitcoinmagazine
1w
97
The Unit Denomination of Bitcoin Does Not Need To Change
- Bitcoiner John Carvalho introduced a new Bitcoin Improvement Proposal (BIP) to redefine the unit denomination of bitcoin.
- The proposal suggests that one bitcoin should be defined as the smallest indivisible unit, eliminating the need for decimal places.
- While some people see this as a solution to the unit bias issue, others believe it would add more confusion.
- The transition to the new unit denomination could potentially slow down adoption and create unnecessary burden.
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Cryptopotato
1w
118
Image Credit: Cryptopotato
BONK and WIF Pumping as Bitcoin Nears $110K, STARS Meme Coin Presale Nears $20 Million
- The price of Bitcoin is escalating towards $110,000, and meme coins BONK & WIF have performed positively in 2024.
- WIF has gained 1,557% this year, while BONK has doubled in value, and the market capitalization could soon cross $3 billion.
- Coinbase recently confirmed to bring WIF alongside other popular meme coins to its platform.
- BONK has persistently posted higher highs throughout the year and will likely benefit from BTC's surge to the $100,000 level.
- STARS is a protocol that offers staking for meme coins like PEPE, SHIB, $STARS token reunites all meme coins in the scene.
- $STARS raised nearly $20 million from early investors who participated in the pre-sale.
- The APR for this protocol currently stands at 155%, and once meme coins start producing staking rewards to holders, chances are that $STARS will experience a surge.
- BONK, as per Bluntz’ predictions, may reach new all-time highs after a move to take profits stops.
- CryptoPotato has also published a full disclaimer clarifying that the content is sponsored.
- Investing in cryptocurrencies carries a risk of capital loss, and readers are strongly advised to verify the information and consult a professional before making any decisions.
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Financemagnates
1w
0
Image Credit: Financemagnates
French Regulators Target Unregistered Crypto ATMs Ahead of MiCA Implementation Deadline
- French regulators have banned unregistered crypto-asset ATMs operating within the country, targeting businesses that provide illegal digital asset services.
- The crackdown follows concerns about money laundering and illegal crypto-asset services.
- Operators of unregistered crypto-asset ATMs could face up to two years in prison and fines of up to 30,000 euros.
- The crackdown aims to eliminate unauthorized activities and prepare for the implementation of the European MiCA regulation by December 30, 2024.
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