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Cryptography News
NullTX
1d
57
Image Credit: NullTX
Raydium and Tezos See Uptick As 1Fuel (OFT) Enters The Fray, Fueling Crypto Frenzy
- 1Fuel, a rising star during the altcoin season, is attracting attention in the crypto space with its ongoing presale.
- Raydium's token, RAY, has surged by 486% in 2024, handling a significant portion of Solana's DEX trading volume.
- Tezos' native token, XTZ, has seen a 69% monthly rise due to the launch of Uranium.io, showcasing Tezos' potential for tokenizing real-world assets.
- Investors are flocking to acquire OFT tokens during 1Fuel's presale, enticed by the potential high returns and utility of the cryptocurrency.
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Cryptoticker
1d
346
Image Credit: Cryptoticker
100-1000x Meme Coins: How to Find Meme Coins Before They Go Viral?
- Investing in meme coins can be a lucrative opportunity for investors looking to make quick gains, however with numerous scam projects in the market it can be challenging to find legitimate meme coins that can offer 100-1000x returns.
- DEXTools is one of the best platforms to spot new meme coins before they go trending, with investors being able to check the live feed of all tokens created in real time.
- To avoid scams, there are several key metrics to check before investing in a meme coin, including liquidity pool, number of holders, DEXT score, website & Twitter.
- Unfortunately, the vast majority of meme coins are scams, so it’s essential to know what to look out for to avoid losing your investment.
- Steps for finding 100-1000x meme coins includes researching, identifying potential coins, analyzing the market, buying and holding, monitoring your investment, and considering tokenomics.
- To discover meme coins before they explode, follow steps including staying active in crypto communities, watching for pre-launch and early-stage projects, analyzing community growth, assessing marketing strategies, using blockchain analytics tools, and monitoring low-cap and micro-cap markets.
- Investing in cryptocurrency, including meme coins, is highly speculative and involves significant risk. It’s important to do your own research and make informed decisions before investing.
- To avoid scams, investors should be wary of unrealistic promises, projects without a clear use case, anonymous teams, and projects without a whitepaper.
- By doing thorough research and exercising caution, investors can minimize the risk of losing their investment and potentially find a meme gem with significant growth potential.
- Remember to not invest more than you can afford to lose and always have a long-term investment strategy. Diversify your investments to reduce exposure to high-risk assets.
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Financemagnates
1d
107
Image Credit: Financemagnates
"Momentum of US Crypto Regulation Is Now Palpable": Crossover Markets' Brandon Mulvihill
- Crossover Markets CEO highlights the need for disruption in crypto exchanges and lower trading costs through ECNs.
- Crossover Markets launches CROSSx, the first ECN in the crypto space, to compete with traditional crypto exchanges.
- Pro-crypto political sentiment and ETF approvals drive institutional participation in the crypto market.
- Expectation of increased M&A and IPO activity in the crypto space as regulatory clarity improves.
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Coindoo
1d
192
Lisk Airdrop 2024: How to Claim Your Share of $15M LSK
- Lisk recently announced an airdrop of more than 15 million $LSK, which is around $15 million USD at the time of writing.
- The Lisk airdrop is an opportunity to participate in the Lisk L2 network launch, by exploring the ecosystem and being active early on it.
- To get the most out of the airdrop, you’d need between $300 and $400.
- Lisk announced that they will be airdropping 15M $LSK tokens to airdrop participants.
- Step-by-Step Tutorial to Earn $LSK.
- The new Lisk Network has a fee of under 1 cent, making it one of the lowest among the Superchain for now.
- There are over 20,000 people participating so far, but with such a large reward pool, there is enough room for everyone.
- The tasks may change weekly or bi-weekly – so make sure to check them regularly to see what needs to be done.
- There are also tasks requiring you to connect your social media accounts (Twitter and Discord) and to have a Gitcoin passport with a score of 20 or higher.
- Remember to do the tasks as explained before to maximize your airdrop potential and climb the leaderboard.
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Cryptoticker
1d
365
Image Credit: Cryptoticker
XRP Price Prediction: Surge to $10 or Drop to $1?
- XRP price is at a critical crossroads, with analysts predicting varied trajectories.
- Resistance zones at $2.25 and $2.30 pose immediate challenges for XRP's bullish outlook.
- Whale accumulation signals confidence in XRP's long-term potential.
- Technical analysis suggests a potential breakout for XRP, with a projected surge to $10 or even $35 by 2025.
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Coinjournal
1d
277
Image Credit: Coinjournal
Bitcoin miner CleanSpark hits milestone as hashrate exceeds 37 EH/s
- Bitcoin mining company CleanSpark has surpassed its 2024 operating hashrate target of 37 exahashes per second, hitting the key milestone amid expansion efforts in the US.
- CleanSpark achieved a hashrate of 37.5 EH/s, exceeding its guidance of 37 EH/s, thanks to improved fleet efficiency and newly energized sites.
- The company plans to continue adding highly efficient hashrate and aims to reach 50 EH/s in the first half of 2025 with the help of a recent $650 million convertible bond offering.
- CleanSpark closed November with an operating hashrate of 33.7 EH/s, mined 622 BTC, and held a total of 9,297 BTC.
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Cryptoslate
1d
130
Image Credit: Cryptoslate
Market remains resilient with $308M in inflows despite turbulence
- Crypto investment products recorded $308 million in net inflows, marking the eleventh consecutive week of positive movement.
- The market experienced turbulence, with the largest single-day withdrawal of $576 million and nearly $1 billion exiting the market later in the week.
- Bitcoin attracted $375 million in inflows and Ethereum secured $51 million, while other altcoins such as XRP, Horizen, and Polkadot also saw inflows.
- Institutional trends showcased divergent strategies, with BlackRock's iShares ETF attracting over $1.5 billion in inflows, while Grayscale and Fidelity ETFs experienced notable outflows.
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Cryptoslate
1d
362
Image Credit: Cryptoslate
Hyperliquid’s TVL drops by $1 billion amid North Korean hacking fears
- Hyperliquid, a layer-1 decentralized leveraged trading platform, saw its total value locked (TVL) plummet by over $1 billion in the past week.
- This drop follows reports of suspicious activity tied to North Korean hackers.
- According to CryptoSlate’s data, this has also resulted in a steep 20% fall in Hyperliquid’s native token value over the last 24 hours.
- On Dec. 23, web3 security expert Talor Monahan identified a surge in transactions from North Korea-linked addresses, sparking fears of a targeted attack.
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Financemagnates
1d
108
Image Credit: Financemagnates
Why Is Dogecoin Down? 69% Node Crash Due to Network Vulnerability
- Dogecoin has faced a significant downturn, losing nearly 25% of its value over the past seven days amid broader cryptocurrency price corrections.
- A vulnerability in the Dogecoin network caused 69% of its nodes to crash, reducing active nodes from 647 to 315. The flaw, known as 'DogeReaper,' was exploited by Andreas Kohl.
- The Federal Reserve's recent policy, including a 0.25% rate cut and cautious stance on future rate cuts, raised concerns among investors and negatively impacted the cryptocurrency market.
- The vulnerability allowed attackers to cause node crashes via segmentation faults, but Coinbase rated it as low risk.
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Financemagnates
1d
363
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2.5Y After Terra and Luna Collapse, SEC Reaches $123 Million Settlement with Crypto Firm
- The Securities and Exchange Commission (SEC) has fined Tai Mo Shan Limited $123 million for misleading investors about the stability of the Terra USD (UST) stablecoin and conducting unregistered securities transactions involving LUNA crypto assets.
- Jump Crypto Holdings subsidiary engaged in trading activities that created a false impression about Terra USD's stability mechanism during a May 2021 price decline.
- Tai Mo Shan also violated securities laws by acting as an unregistered underwriter of LUNA tokens between January 2021 and May 2022.
- The settlement includes $73.5 million in disgorgement, $12.9 million in interest, and a $36.7 million civil penalty.
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Cryptopotato
1d
170
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Bitcoin Price Analysis: Can BTC Bounce Back to $100K Following 8% Weekly Drop?
- Bitcoin price is facing a consolidation phase near $108K resistance level.
- Strong support zones suggest potential for a short-term bullish rebound.
- Technical analysis indicates a rebound from $90K support could lead to a renewed attempt to reclaim $108K mark.
- On-chain analysis shows sustained confidence among investors, supporting continued growth.
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Cryptoslate
1d
220
Image Credit: Cryptoslate
Metaplanet adds another 619 BTC to its holdings
- Japanese firm Metaplanet has acquired 619.70 BTC for $60.7 million, increasing its total Bitcoin holdings to 1,761.98 BTC valued at $169.2 million.
- The company raised 9.5 billion yen through bond issuance in order to make additional BTC investments and began trading on the US OTCQX Market.
- Metaplanet reported impressive gains of 309.82% in the last quarter and projected a 240% increase in annual revenue for 2024.
- The firm's Shareholder Benefits Program offers unique rewards, including a Bitcoin lottery, to attract long-term investors.
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Coinjournal
1d
224
Image Credit: Coinjournal
$60Mn withdrawn from HyperLiquid on North Korea Hacker Fears
- $60Mn worth of USDC has been withdrawn from the HyperLiquid trading platform as wallet addresses linked to North Korean hackers have allegedly begun trading.
- Experts believe these trades, which have accumulated a $700,000 loss, are tests for weaknesses.
- HyperLiquid, the largest on-chain perpetual trading platform, has a total deposit volume of $12.14Bn and a daily trading volume of $6.20Bn.
- HyperLiquid recently launched its native token called HYPE, with a current price of $27.97 and a market capitalization of $9.35Bn.
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Financemagnates
1d
131
Image Credit: Financemagnates
Why Is Crypto Down Today? Bitcoin, Ethereum, Dogecoin and XRP Are Crashing
- The cryptocurrency market experienced a significant sell-off today, with Bitcoin (BTC) dropping notably below $94,000.
- The Federal Reserve's monetary policy announcement last week caused Bitcoin to fall below $100,000.
- Market participants witnessed a sharp decline in major altcoins, triggering substantial liquidations and affecting the total market capitalization.
- From a technical analysis perspective, Bitcoin's long-term outlook remains relatively stable as it retests local support just below $93,500.
- Ethereum, XRP, and Dogecoin have also experienced significant losses, dropping nearly 16%, 8%, and 21% respectively during the past week.
- Global liquidity conditions are tightening, with central banks reducing their balance sheets and rising bond market volatility making conditions unfavorable for risk assets.
- Despite the market downturn, there hasn't been a significant surge in leveraged position liquidations over the past 24 hours.
- Even though the market is down, experts from VanEck predict the BTC price at $180,000 next year.
- Analysts project ETH could reach between $4,000 and $6,500 by the end of 2024, and even $32,000 by 2030.
- XRP has been maintaining local support at $2.20 since mid-November and could soar to almost $1,000 next year.
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Cryptoslate
1d
73
Image Credit: Cryptoslate
Crypto community cheers as Trump names pro-crypto advisors Stephen Miran and Bo Hines for economic and digital assets councils
- US President-elect Donald Trump has appointed Stephen Miran as the head of the Council of Economic Advisors and Bo Hines as the Executive Director of the Crypto Council.
- Miran, a notable proponent of financial deregulation and innovation, aims to create a noninflationary economy that supports all Americans.
- Hines, along with David Sacks, Trump’s Crypto and Artificial Intelligence Czar, will work towards driving growth and technological progress in the crypto sector.
- Trump's appointments in the crypto sector reflect his support for the industry and its potential for economic development.
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