A naukri.com initiative
Cryptography News
Financemagnates
3w
268
Image Credit: Financemagnates
Why Is Bitcoin Surging? This Expert Forecasts $180K Bitcoin Price in 2025
- Bitcoin price reached $106,533 on December 16th, marking a watershed moment for the digital asset class. VanEck forecasts that the oldest cryptocurrency will reach $180,000 in 2025.
- This surge in the Bitcoin price has been attributed to President-elect Donald Trump's proposal of a national cryptocurrency reserve. Trump previously dismissed cryptocurrencies, but his administration's pro-crypto stance has fueled investor optimism.
- MicroStrategy has secured a spot in the prestigious Nasdaq 100 index, reflecting growing institutional embrace of digital assets.
- Technical analysis suggests $73,800 as the ultimate support level for bulls and any downward corrections could present buying opportunities at more attractive prices.
- VanEck projects Bitcoin to hit a staggering $180,000, while Ethereum could surpass $6,000. Other prominent cryptocurrencies like Solana and Sui are anticipated to reach $500 and $10 respectively.
- Industry experts and analysts have put forth a range of bullish predictions for Bitcoin's value which includes Tim Draper's $250,000 forecast by the end of 2025.
- President-elect Donald Trump's announcement of plans to establish a U.S. bitcoin strategic reserve has been a major catalyst for Bitcoin price surge, signaling a dramatic shift in governmental approach to cryptocurrencies.
- Russian President, Vladimir Putin highlighted Bitcoin's resistance to prohibition, while noting how U.S. dollar policies are driving nations towards alternative assets.
- The cryptocurrency's meteoric rise since the November election, gaining over 50%, reflects growing confidence in a more favorable regulatory environment under the incoming administration.
- With Bitcoin currently trading above $100,000, many analysts view $110,000 as the next immediate target. Analysts remain optimistic about Bitcoin's prospects in 2024, with a Max Keiser's bold prediction of $220,000 by the end of 2024.
Read Full Article
16 Likes
Cryptoticker
3w
57
Image Credit: Cryptoticker
AZURA Platform Guide: Features, Benefits, and How to Use It
- Azura is a DeFi platform designed to simplify access to multiple blockchain protocols through a single, user-friendly interface.
- Azura's mission is to reduce the complexity of interacting with DeFi services, providing an all-in-one solution for traders, investors, and crypto enthusiasts alike.
- Azura allows users to connect their existing wallets, access multiple DeFi services, and execute trades with speed and efficiency.
- Users can access multiple blockchains through one platform, reducing the need to switch between different protocols or wallets.
- Azura's intuitive interface allows users of all experience levels to navigate the platform with ease, making DeFi accessible to beginners.
- Azura's execution engine processes trades at lightning speed, ensuring trades are executed with minimal delays and at optimal market prices.
- By operating as a non-custodial platform, Azura removes the risk of centralized custody failures or hacks.
- Azura prioritizes user privacy by not requiring personal data or account verification, enabling users to trade, invest, and interact with DeFi protocols anonymously.
- The platform is accessible on both desktop and mobile devices, and users can trade, swap, and provide liquidity for supported tokens with just a few clicks.
- With its commitment to security, privacy, and user control, Azura is quickly becoming a top choice for both new and experienced DeFi users.
Read Full Article
3 Likes
Coinjournal
3w
136
Image Credit: Coinjournal
Moca Network (MOCA) soars after Upbit, Bithumb, and Binance listing
- Moca Network (MOCA) surged 370% after listing on Upbit, Bithumb, and Binance Futures.
- Binance Futures launched MOCA USDT Perpetual Contracts with up to 75x leverage, increasing liquidity.
- Whale activity suggests institutional interest and reinforces MOCA’s market appeal.
- MOCA is now available in Korean Won (KRW) trading pairs, along with BTC and USDT spot pairs on Upbit.
Read Full Article
8 Likes
Cryptoslate
3w
400
Image Credit: Cryptoslate
Donald Trump reportedly plans to leverage $200 billion US Treasury fund for Bitcoin reserves
- US President-elect Donald Trump is reportedly considering an Executive Order to establish a Strategic Bitcoin Reserve (SBR) using the Treasury's Exchange Stabilization Fund.
- The fund, which has over $200 billion in assets, can be used to stabilize the dollar by buying currencies like Bitcoin.
- The concept of a Strategic Bitcoin Reserve has gained traction globally, with several US states and countries like Brazil and Japan exploring the idea.
- While some see it as a recognition of Bitcoin's role in shaping future financial systems, concerns about centralization of Bitcoin's supply into corporate reserves exist.
Read Full Article
24 Likes
Financemagnates
3w
176
Image Credit: Financemagnates
FCA Seeks Feedback on Crypto Admissions and Disclosures Regime
- The Financial Conduct Authority (FCA) is seeking feedback on its plans to improve transparency in the UK’s cryptocurrency markets.
- The proposals focus on admissions, disclosures, and market abuse regimes to enhance the integrity of crypto markets and help people make informed financial decisions.
- The FCA's Discussion Paper DP24/4 outlines plans for firms to adopt stronger controls to prevent harm and suggests that certain firms, such as authorized crypto trading platforms, share information to prevent market abuse.
- The FCA aims to create a fair and balanced crypto regulatory regime and is seeking input from government, international partners, industry, and consumers.
Read Full Article
10 Likes
Cryptopotato
3w
176
Image Credit: Cryptopotato
Bitcoin Falls $2K After Latest Peak, SUI Registers Fresh All-Time High (Market Watch)
- Bitcoin hit a new all-time high of $106,500 but has dropped by $2,000 since then.
- Altcoins LINK, SUI, and AAVE have seen impressive gains.
- BTC's market capitalization is $2.070 trillion and dominance over altcoins is close to 54%.
- SUI has surged over 6% and reached a fresh all-time high above $4.9.
Read Full Article
10 Likes
Cryptoticker
3w
370
Image Credit: Cryptoticker
Are Pudgy Penguins the New CryptoPunks? A Shift in NFT Dominance
- CryptoPunks, considered the pinnacle of NFT culture, have been overtaken by Pudgy Penguins.
- Pudgy Penguins initially gained popularity as a fun, whimsical project, but have evolved into a global brand that appeals to a broader demographic due to its playful and universally appealing aesthetic.
- Unlike CryptoPunks, which rely on their status as OG collectibles, Pudgy Penguins actively build relationships with their holders and expand their ecosystem through merchandise and licensing deals, community-driven growth and cultural appeal.
- The transition from CryptoPunks to Pudgy Penguins as a dominant force marks a shift in the NFT landscape driven by evolving utility and community-centric models, brand expansion beyond the blockchain, accessibility versus exclusivity and market sentiment and cultural narrative.
- This shift highlights the importance of adaptability and innovation in the NFT space. Projects that prioritize innovation and community over exclusivity will likely continue to lead the charge.
- The dominance of Pudgy Penguins over CryptoPunks signals a change in how the NFT market defines value. In its early days, scarcity and provenance were the ultimate drivers of value. Today, utility, storytelling, and emotional resonance have taken the forefront.
- Pudgy Penguins demonstrate that a playful, community-driven approach can rival the stoic exclusivity of CryptoPunks.
- While Pudgy Penguins are carving a new niche and have overtaken CryptoPunks in some aspects, CryptoPunks’ historical importance and association with the genesis of the NFT movement give them a level of prestige that is difficult to replicate.
- The story of Pudgy Penguins versus CryptoPunks is a narrative of change within the NFT space and highlights how the market has matured, moving beyond mere speculation to demand real value, engagement, and cultural relevance.
- As the ecosystem continues to evolve, it remains to be seen which innovative and adaptable projects and brands will lead the charge in the NFT world.
Read Full Article
22 Likes
Cryptoslate
3w
290
Image Credit: Cryptoslate
New fair value Bitcoin accounting rules go live paving way for corporate reserve adoption
- The Financial Accounting Standards Board (FASB) has implemented its Fair Value accounting rule for crypto, effective Dec. 15, 2024.
- Under the new rule, companies must measure their crypto holdings at fair value and update these valuations in every reporting period.
- The rule applies only to fungible digital assets such as Bitcoin and Ethereum, excluding nonfungible tokens (NFTs).
- This regulatory progress is expected to enhance transparency, drive institutional adoption, and provide stakeholders with better insights into the financial health of companies.
Read Full Article
17 Likes
Financemagnates
3w
74
Image Credit: Financemagnates
Bitpanda Gains In-Principle VARA Nod, Launches Dubai Office for MENA
- Bitpanda, a European crypto platform, has obtained in-principle approval from the Virtual Assets Regulatory Authority (VARA) in the UAE.
- Bitpanda plans to operate as Bitpanda Broker MENA DMCC, marking its expansion outside Europe.
- The approval reflects Bitpanda's strategy to grow in the global digital asset market and take advantage of the opportunities in the UAE.
- Bitpanda has launched Bitpanda Fusion, targeting high-volume and intra-day traders in the UAE and MENA region.
Read Full Article
4 Likes
Cryptoslate
3w
374
Image Credit: Cryptoslate
Bitcoin reaches new $106k all-time high causing $313 million in liquidations
- Bitcoin reaches a new all-time high of $106,488 during Asian trading hours.
- The price settles at $104,771 at the time of reporting.
- Bitcoin's rally gained momentum after Donald Trump's election victory.
- The sharp price increase leads to $313 million in liquidations, with short traders accounting for nearly $200 million.
Read Full Article
22 Likes
Financemagnates
3w
268
Image Credit: Financemagnates
MicroStrategy, Palantir Join Nasdaq 100, Trump Talks Bitcoin Reserve
- MicroStrategy, Palantir, and Axon Enterprise have secured spots in the Nasdaq 100 index, with Illumina, Moderna, and Super Micro Computer being removed.
- MicroStrategy’s Bitcoin hoarding strategy has paid off as Bitcoin gains institutional interest; the software-revolutionized crypto company has turned itself into a gateway for investors seeking indirect exposure to Bitcoin without dabbling in the complexities of wallets and keys.
- Palantir Technologies specializes in AI-driven cloud-based solutions and has had a wild ride thanks to lucrative government contracts and AI-powered innovations.
- Axon Enterprise, the company behind Taser and body camera technologies used by law enforcement worldwide, has quietly carved out a niche as a tech leader in public safety.
- Donald Trump's Bitcoin reserve plans spark $1.5tn price increase speculation. Analysts believe this move could catalyze further institutional adoption, positioning the US as a global leader in digital assets.
- The addition of these companies into Nasdaq 100 reflect its growing dominance in the tech space; they represent the future of finance and technology.
- Investors have much to look forward to as the stage is set for a rollercoaster year ahead.
- MicroStrategy, Palantir, and Axon Enterprise's inclusion into the index signifies the rise of digital assets and the data-driven future.
- For investors, they should keep an eye on Palantir as AI and data analytics reshape industries, including trading.
- With Trump's announcement, MicroStrategy is now tied to the narrative of Bitcoin's mainstream integration.
Read Full Article
16 Likes
Coinjournal
3w
383
Image Credit: Coinjournal
BTC sets a new all-time high of $106k, iDEGEN’s presale hits $5m
- Bitcoin reaches a new all-time high of $106,488 with a 3% increase in value.
- iDEGEN's pre-market auction surpasses $5 million in funding.
- iDEGEN combines AI and memecoins to create an active community-driven project.
- The pre-market auction for iDEGEN tokens will end on January 1, 2025.
Read Full Article
23 Likes
NullTX
3w
154
Image Credit: NullTX
Top 3 Coins to Invest in This Weekend to Boost Your Financial Standing
- Qubetics ($TICS) is a groundbreaking project simplifying and streamlining blockchain development for everyone, with its innovative QubeQode IDE.
- $TICS presale is in its 12th stage, with over 334 million tokens sold to 9,700 holders, raising a whopping $6.4 million. The current price of $TICS is $0.0311, but here’s the kicker—come the weekend, the price will spike by 10%.
- Cardano (ADA) has always been focused on getting fundamentals right before chasing flashy trends. Its recent hydra-head scaling upgrade is proof of their work.
- Analysts predict ADA could hit $1.50 by Q1 2025, driven by its steady adoption and robust ecosystem. Trading at just $0.29 right now, it's a prime time to snag ADA.
- Binance Coin (BNB), the native coin of Binance, is primed for a rally as market sentiment improves, is expanding its ecosystem with BNB Greenfield, and set to rival Amazon AWS and Google Cloud. "
- Currently trading at $232, analysts are bullish, forecasting BNB to hit $450 by mid-2025. Its deflationary mechanism ensures a steady increase in its value over time.
- Qubetics ($TICS), Cardano (ADA), and Binance Coin (BNB) are poised to supercharge a portfolio this weekend.
- For crypto investors looking for ROI—$TICS has an explosive growth potential and FOMO is real—missing out on $TICS now could be the financial regret of the decade.
- For those looking for a steady yet upward climb, Cardano (ADA) is the best one to invest this weekend.
- For those who want a dependable investment, Binance Coin (BNB) is a no-brainer that's practical, dependable, and always in demand.
Read Full Article
9 Likes
Cryptoticker
3w
343
Image Credit: Cryptoticker
Abstract: The Next-Gen Ethereum Layer 2 You Need to Know About
- Abstract is a new Ethereum Layer 2 solution designed for decentralized applications across DeFi, SocialFi, NFTs, and more.
- It leverages the ZK Stack and zero-knowledge cryptography to deliver faster and more cost-effective transactions.
- Abstract offers compatibility with Ethereum, ensuring a smooth transition for projects and users migrating to Layer 2.
- Early adopters of Abstract's testnet can potentially benefit from airdrops and exclusive NFTs in the future.
Read Full Article
20 Likes
Cryptonewsz
3w
39
Image Credit: Cryptonewsz
Bithumb Lists Moo Deng and Mocaverse ; MOODENG, MOCA Surge
- South Korean crypto exchange Bithumb has listed MOCA (Mocaverse) and Moo Deng (MOODENG) for trading.
- Trading pairs in KRW markets will go live on December 16, 2024, at 2:00 PM KST.
- MOCA is traded on the Ethereum network, while MOODENG is traded on Solana.
- Following the listing, both MOCA and MOODENG saw a significant surge in market price and trading volume.
Read Full Article
2 Likes
For uninterrupted reading, download the app