A naukri.com initiative
Cryptography News
Bitcoinmagazine
2w
286
What is the Bitcoin Puell Multiple Indicator and How Does It Work?
- The Puell Multiple is an indicator that compares Bitcoin miners’ daily revenue to its long-term average.
- By comparing current miner revenues to their yearly average, the Puell Multiple identifies periods where miner profits are unusually high or low, signaling potential market tops or bottoms.
- When the Puell Multiple enters the red zone (above 3.4), it suggests miner revenues are significantly higher than usual, indicating potential overvaluation.
- When the Puell Multiple drops into the green zone (below 0.5), it signals that miner revenues are unusually low, offering prime buying opportunities.
Read Full Article
17 Likes
Financemagnates
2w
47
Image Credit: Financemagnates
Deutsche Bank Taps ZKsync for Compliance-Driven Ethereum L2 Blockchain
- Deutsche Bank is creating a layer-2 (L2) blockchain solution on Ethereum using ZKsync technology.
- The initiative aims to address compliance challenges in using public blockchains within regulated financial systems.
- The L2 solution is part of Project Dama 2, designed to enhance transaction efficiency and incorporate regulatory safeguards.
- A minimum viable product for the platform is targeted for release in 2025, pending regulatory approval.
Read Full Article
2 Likes
Bitcoinmagazine
2w
330
BlackRock’s New Bitcoin Ad Is A Monumental Paradigm Shift
- BlackRock, the world's largest asset manager, has released a video aimed at educating people about Bitcoin as an asset class.
- The video highlights the growing acceptance of Bitcoin as a legit and established asset.
- BlackRock's embrace of Bitcoin has been successful, with their spot Bitcoin ETF being the most successful ETF launch in history.
- The recognition and support from BlackRock may lead to more investors, both wealthy and retail, considering Bitcoin as a long-term investment.
Read Full Article
19 Likes
Cryptoticker
2w
416
Image Credit: Cryptoticker
Pudgy Penguins Skyrockets: How high Can The PENGU Price Go?
- The Pudgy Penguins Token has soared 800% on its debut day, reaching a $3 billion market cap.
- The current price of Pudgy Penguins (PENGU) is $0.032312, with a 24-hour trading volume of $3.16 billion.
- Pudgy Penguins experienced significant volatility since its launch, but currently priced at $0.03239.
- Factors such as market sentiment, token utility, and broader market trends could impact PENGU's price in the next 30 days.
Read Full Article
25 Likes
NullTX
2w
321
Image Credit: NullTX
Pepe Declines Over 7 Days as 1Fuel Soars in Presale: Uncover Why Big Investors Are Switching
- Pepe (PEPE) is experiencing a decline in value as whales cash out, raising concerns about its long-term stability.
- On the other hand, 1Fuel is gaining traction during its presale, with increasing investor confidence and interest.
- Pepe's value has declined over the past week, indicating a potential decrease in network activity and user interest.
- 1Fuel offers innovative features and is experiencing significant growth, attracting investors away from Pepe.
Read Full Article
19 Likes
Zycrypto
2w
430
Image Credit: Zycrypto
Crypto To Face Harrowing Crash Around Trump’s Inauguration Before Absolute Monster Run, Warns Arthur Hayes
- Arthur Hayes, co-founder of BitMEX, warns of a bearish outlook for the cryptocurrency market during Donald Trump's inauguration in January 2025.
- Hayes believes the gap between high expectations and the reality of no quick solutions will lead to a brutal sell-off in the crypto market.
- Despite Trump's promise of a strategic national Bitcoin reserve, Hayes doubts it will materialize, as politicians prefer to spend dollars on public goods.
- Hayes predicts a catastrophic drop in crypto prices before a potential bull market phase, but acknowledges the risk of missing out on continued rally.
Read Full Article
25 Likes
Zycrypto
2w
195
Image Credit: Zycrypto
TokenBuilder Unveils Predictions on AI Integration and Fair Token Offerings For 2025
- TokenBuilder has released its forecast for the fate of AI integration and fair token offerings for 2025.
- TokenBuilder plans to develop a Fair Token Offering launchpad focused on AI-driven tokens and launch its token $TBAI on Uniswap.
- TokenBuilder aims to feature efficient AI-powered tools such as AI-powered tokenomics analysis and compliance tracking.
- TokenBuilder is pioneering an FTO Rating system to provide a transparent scoring framework for new token offerings.
Read Full Article
11 Likes
Zycrypto
2w
377
Image Credit: Zycrypto
Bybit Announces Launch of its Private Wealth Management (PWM) Service
- Bybit has launched its Private Wealth Management (PWM) service to cater to high-net-worth individuals and institutional clients.
- The PWM service offers tailored portfolio management, exclusive investment opportunities, bespoke asset allocation strategies, uncompromising asset security, and leading market insights.
- Bybit aims to provide customized solutions for clients' financial objectives, including risk management and asset allocation.
- The PWM service demonstrates Bybit's commitment to serving as a reliable ally in the cryptocurrency and digital asset landscape.
Read Full Article
22 Likes
Coinjournal
2w
343
Image Credit: Coinjournal
NOW Wallet: Simplifying crypto management to boost user adoption
- NOW Wallet is a non-custodial wallet solution that supports 70+ blockchains, 1,500+ tokens, staking, NFTs, fiat-to-crypto, and dApp integration.
- The wallet offers a user-friendly interface that makes it easy for both new and experienced crypto users to manage their assets.
- NOW Wallet is highly secure and provides users with full control over their private keys and assets, eliminating third-party asset storage risks.
- NOW Wallet supports crypto-to-crypto transactions with no registration or KYC verification requirement, enabling users to start their journey with minimal friction.
- NOW Wallet supports over 70 blockchains and 1,500 tokens, ensuring wide-ranging compatibility for crypto enthusiasts.
- NOW Wallet integrates seamlessly with the ChangeNOW platform to enable fast, transparent, and limitless in-app exchanges.
- NOW Wallet offers staking options for several Proof-of-Stake (PoS) cryptocurrencies, with potential annual returns of up to 6.25%.
- NOW Wallet’s integration with WalletConnect allows easy access to decentralized apps across Ethereum, Binance Smart Chain (BSC), Polygon, and other networks.
- NOW Wallet is available on iOS, Android, macOS, Windows, and Linux, providing users with a synchronized experience across devices.
- NOW Wallet also offers a premium membership with additional features, and extends its capabilities to businesses, offering custom crypto payment gateways.
Read Full Article
20 Likes
NullTX
2w
260
Image Credit: NullTX
Plus Wallet & OKX Wallet Showdown; Developments in Ripple Case
- There is hope that the SEC might drop its appeal against Ripple due to the delay in Carline Crenshaw's renomination, potentially paving the way for a pro-crypto SEC commissioner.
- Plus Wallet is recognized for its comprehensive features, strong security, and ease of use through its mobile app, while OKX introduces the 'Alpha Traders' community for leading Web3 influencers.
- Carline Crenshaw's renomination process is significant for the SEC vs Ripple litigation and may influence the SEC's stance on the case.
- Plus Wallet provides top-notch security, cross-chain functionality, and rewards for users, making it a leading choice for a dependable crypto wallet.
Read Full Article
15 Likes
Cryptoslate
2w
321
Image Credit: Cryptoslate
Bitcoin retreats back to $104k as markets eye Fed decision and latest EU, UK inflation data
- Bitcoin's price retreats to around $104,000 ahead of the Federal Reserve's interest rate decision.
- European and UK inflation data show higher readings, with UK inflation rising to 2.6% and Eurozone inflation settling at 2.2%.
- UK core inflation increases to 3.5%, while Euro Area's core inflation remains steady at 2.7%.
- Bitcoin's volatility reflects caution as traders assess the potential implications of the Fed's decision.
Read Full Article
19 Likes
Coinjournal
2w
377
Image Credit: Coinjournal
Gate.io and MEXC listings sent CYBRO up over 210%, how high can it climb?
- CYBRO token experienced a surge of over 210% following listings on Gate.io and MEXC.
- The token reached an all-time high of $0.1871 but has corrected to around $0.074 per coin.
- Upcoming developments, including a crypto wallet and NFT marketplace launch, could drive CYBRO's growth in 2025.
- Analysts predict CYBRO could reach new highs, with a maximum price of $0.342945 by January 2025.
Read Full Article
22 Likes
Cryptoslate
2w
86
Image Credit: Cryptoslate
ASIC sues Binance Australia over investor misclassification and protections
- The Australian Securities and Investment Commission (ASIC) has filed a lawsuit against Binance Australia Derivatives over inadequate customer protection practices.
- ASIC alleges that over 500 retail investors were misclassified as wholesale clients, denying them essential consumer safeguards.
- Binance is accused of failing to provide disclosure statements, determine target markets, and offer adequate complaint resolution.
- ASIC seeks penalties, declarations, and adverse publicity orders against Binance Australia.
Read Full Article
5 Likes
Cryptonewsz
2w
317
Image Credit: Cryptonewsz
Binance Alpha Unveils New Batch of Tokens, Sparking Market Interest
- Binance Alpha has unveiled its first and second batches of projects, generating excitement within the community.
- The first batch of projects, including KOMA, Cheems, APX, ai16z, and AIXBT, experienced price surges after the announcement.
- The second batch consists of CKP Binance Smart Chain, GEAR, SD, SYRUP on Ethereum, and FARTCOIN on Solana, demonstrating Binance's commitment to a diverse ecosystem.
- A mistaken release of incorrect token lists on a Telegram Channel led to temporary confusion and trading volatility.
Read Full Article
19 Likes
Bitcoinmagazine
2w
317
Nic Carter Is Wrong About the US Strategic Bitcoin Reserve
- Nic Carter believes the US shouldn't buy Bitcoin for its strategic reserves as it would signal weakness in the dollar on the global stage.
- However, the author disagrees and argues that adding Bitcoin to the US reserves would be a show of strength and confidence in the US dollar.
- Refusing to buy Bitcoin could send a message that the US is afraid of it as a threat, while other major countries may start accumulating Bitcoin as an alternative to the dollar.
- The author believes that adding Bitcoin to the reserves would integrate it into the US financial system and help boost confidence in the US globally.
Read Full Article
19 Likes
For uninterrupted reading, download the app