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TheNewsCrypto
5h
130
Image Credit: TheNewsCrypto
Binance Coin (BNB) and Rexas Finance (RXS) Set for New All-Time Highs in 2025, But What of Shiba Inu (SHIB)?
- Binance Coin (BNB) and Rexas Finance (RXS) are projected to reach new all-time highs in 2025, while Shiba Inu (SHIB) faces uncertainty in its future.
- Rexas Finance (RXS) is revolutionizing asset ownership through blockchain technology, allowing users to tokenize real assets like real estate, enhancing DeFi openness and market access.
- Despite the success of Rexas Finance's presale rounds and its $0.20 token cost, it aims for three Tier 1 exchange listings and foresees a significant market expansion in the future, offering promising investment potential.
- Binance Coin (BNB) shows positive momentum based on technical indicators, and analysts suggest a potential price surge beyond $700, gearing up for a new all-time high in 2025.
- Shiba Inu (SHIB), known for its popularity among meme coin investors, struggles to maintain momentum but may experience a price surge if it surpasses resistance levels, aiming to reclaim its previous all-time high.
- While technical indicators for Shiba Inu display conflicting signals, improvement in investor interest and market conditions could lead to a price surge to $0.00009, indicating a potential 500% increase.
- In conclusion, Binance Coin (BNB) and Rexas Finance (RXS) are poised for growth in the 2025 bull market, with BNB likely to exceed its previous peak, while SHIB's future rally hinges on overcoming key resistance levels.
- Investors are advised to conduct their research, as market developments and investor sentiment will influence the performance of BNB, RXS, and SHIB in the upcoming year.
- Rexas Finance's innovative approach and strong presale success position it as a potential standout performer in 2025, amidst the evolving cryptocurrency landscape.
- As 2025 approaches, the crypto market anticipates significant movements in BNB, RXS, and SHIB, offering diverse investment opportunities depending on individual preferences and risk appetites.
- The potential for growth in BNB, RXS, and SHIB underscores the dynamic nature of the cryptocurrency market, with each token facing unique challenges and opportunities in the coming year.
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TheNewsCrypto
9h
181
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Kanye West Faces Backlash After Announcing ‘Swasticoin’ Token
- Kanye West announced a controversial crypto token called “Swasticoin.”
- He also hinted at a separate token named “YZY.”
- Backlash and criticism followed the announcement.
- Doubts remain about the actual launch of “Swasticoin.”
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Crypto-News-Flash
10h
107
Image Credit: Crypto-News-Flash
SEC Ends Investigation Into OpenSea, A Relief for NFTs
- The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into OpenSea, signaling potential regulatory changes in the NFT space.
- OpenSea has regained dominance in the Ethereum NFT market, now holding 71.5% market share, and experienced a significant increase in daily trade volume and transactions.
- Ending the probe is seen as a positive development for NFT industry players, as classifying NFTs as securities could impose stricter control and hinder innovation.
- The SEC dropping its case against OpenSea and Coinbase suggests a potential shift towards a more open approach in addressing the crypto and digital asset sector.
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Bitcoinist
14h
204
Image Credit: Bitcoinist
Bybit Turns To Bitget And Binance For $239 Million ETH Loan Amid Withdrawal Spike
- Bybit, a popular crypto exchange, is reeling from a $1.5 billion hack in digital assets.
- Bybit receives 88,000 ETH (~$239 million) from Binance and Bitget to cover withdrawal requests.
- Authorities link the hack to the North Korean hacking group, Lazarus Group.
- Bybit's CEO assures users that the exchange remains solvent and customers' funds are backed 1:1.
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Cryptopotato
18h
11
Image Credit: Cryptopotato
Binance Pay Transactions Hit $72.4 Billion as Crypto Adoption Accelerates
- The number of Binance Pay users tripled from the previous year, reaching 41.7 million.
- The total transaction volume processed through Binance Pay in 2024 stood at $72.4 billion, a significant increase from $2.5 billion in 2021.
- Stablecoins, particularly Tether (USDT), dominated Binance Pay transactions, accounting for 80% of the total payment volume.
- Binance Pay's expansion aligns with the increasing role of crypto in everyday transactions and the overall growth of the crypto market.
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Cryptopotato
21h
0
Image Credit: Cryptopotato
2024 Crypto Report: Bitcoin Stable, Ethereum Declines, Niche Tokens Rally
- The median cryptocurrency investor saw their portfolio grow by $5,482 in 2024.
- SUPER and HYPE tokens delivered the highest unrealized gains, indicating growing interest in niche blockchain projects.
- Bitcoin broke price records and remained the most trusted store of value.
- Coinbase and Crypto.com became the most popular exchanges, surpassing Binance due to regulatory challenges.
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Livebitcoinnews
1d
214
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Binance Square Launches Trader Profiles for Smarter Trading
- Binance Square, Binance’s social media platform, has launched Trader Profiles to promote responsible trading and transparency.
- Trader Profiles allow users to showcase portfolios, performance statistics, and Trader Badges, sharing verified trading information with like-minded investors.
- With more than 35 million monthly active users, Binance Square connects cryptocurrency traders and supports deeper connections within the community.
- Trader Profiles provide an overview of a trader's activity, investment strategy, and allow for privacy and control.
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TheNewsCrypto
1d
214
Image Credit: TheNewsCrypto
Upcoming Potential Binance Listings in 2025: The Next Big Crypto Movers
- Several new tokens aiming for Binance listings in 2025 include Pi Network, HYPE, and AI16Z.
- 2025 has seen a surge in investor involvement in the global crypto market.
- Despite price declines, Bitcoin and altcoins experienced gains with high market sentiment.
- Binance remains at the forefront amidst improving regulatory clarity and institutional adoption.
- Confirmed listing on Binance includes KAITO, an AI-powered token revolutionizing Web3 content discovery.
- Pi Network with over 35 million users is gaining community support for a Binance listing.
- Speculated Binance listings include HYPE and AI16Z, highlighting innovative blockchain projects.
- HYPE, a liquidity protocol optimizing DeFi efficiency, backed by Pantera Capital and others, may gain a Binance listing.
- AI16Z aims to decentralize AI model development and is backed by venture capital firms, potentially leading to a Binance listing.
- Concerns of scams and pump-and-dump schemes accompany new listings, emphasizing the need for caution in the crypto market.
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TheNewsCrypto
1d
3
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Doodles NFT Hits $16M Weekly Volume Following Memecoin Announcement
- Doodles NFT collection achieves $16 million weekly trading volume after announcing $DOODS, a Solana-based meme coin.
- This marks the collection's second-highest trading peak in 2024, demonstrating the trend of Ethereum NFT projects expanding into Solana's memecoin ecosystem.
- The strategic shift towards a dual-chain approach helps NFT projects maintain their collections on Ethereum while leveraging Solana's trading benefits.
- The migration to Solana is driven by practical factors, such as Ethereum's high transaction fees and Solana's established memecoin ecosystem.
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TronWeekly
1d
303
Image Credit: TronWeekly
SafeMoon CTO Thomas Smith Pleads Guilty in $8B Crypto Fraud Case
- SafeMoon CTO Thomas Smith pleaded guilty to securities fraud conspiracy and wire fraud conspiracy.
- Prosecutors accused SafeMoon executives of misappropriating investor funds for personal use.
- Authorities revealed that SafeMoon leaders falsely claimed liquidity pools were locked.
- Legal proceedings against other executives, including the CEO, are ongoing.
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18 Likes
TronWeekly
1d
53
Image Credit: TronWeekly
SEC Closes OpenSea Probe, Marking a Win for the NFT Industry
- The SEC has officially closed its investigation into OpenSea, marking a win for the NFT industry.
- OpenSea's SEA token launch remains on the horizon, adding momentum to the NFT market.
- The SEC's dismissal of its lawsuit against Coinbase hints at a potential shift in regulatory stance.
- The closure of the SEC's investigation may signal a turning point for NFTs, offering a more optimistic regulatory outlook.
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Medium
11h
355
What is the NFT
- Art, music, videos, virtual real estate, and collectibles can be tokenized as NFTs.
- NFTs allow creators to monetize their work and collectors to own unique digital items.
- The market for NFTs can be volatile and there are concerns about their environmental impact and copyright issues.
- Ongoing discussions are focused on the long-term value of digital assets.
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Bitcoinmagazine
18h
147
Image Credit: Bitcoinmagazine
What are BRC-20 Tokens?
- BRC-20 tokens are an experimental token standard on the Bitcoin blockchain inspired by ERC-20 tokens on Ethereum.
- Introduced by Domo in March 2023, BRC-20 tokens utilize the Bitcoin Ordinals protocol to inscribe data onto satoshis.
- Unlike ERC-20 tokens, BRC-20 tokens do not use smart contracts, simplifying asset tokenization on the Bitcoin network.
- Token deployment involves inscribing token properties onto a satoshi, enabling minting and transfer through Bitcoin transactions.
- Pros of BRC-20 tokens include simplicity in creation and robust security leveraging Bitcoin's features.
- Cons include lack of smart contracts limiting functionality and higher fees during network congestion.
- Practical applications of BRC-20 tokens include decentralized application tokens, tokenized assets, loyalty points systems, and community tokens.
- BRC-20 tokens have faced issues with network congestion and limited interoperability outside the Bitcoin network.
- Runes Protocol, introduced as a newer and more efficient alternative, offers scalability and improved performance for token creation on the Bitcoin blockchain.
- Runes protocol, utilizing Bitcoin's UTXO model and OP_RETURN opcode, provides streamlined token creation and supports the Lightning Network.
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TechJuice
1d
348
Image Credit: TechJuice
Bybit Suffers Historic $1.5 Billion Crypto Heist in Largest Exchange Hack
- Bybit, one of the leading cryptocurrency exchanges, experienced a $1.5 billion hack, resulting in the largest crypto heist in history.
- The breach targeted Bybit's cold wallet, leading to the theft of predominantly ether funds, which were then dispersed through various platforms.
- The heist has been associated with North Korea's Lazarus Group, known for sophisticated laundering techniques and previous attacks on the crypto industry.
- Bybit reassured customers by obtaining a bridge loan to cover losses and emphasized the need for stronger cybersecurity and regulations in the digital asset space.
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Bitcoinist
1d
105
Image Credit: Bitcoinist
Crypto Victory: SEC Agrees To Drop Enforcement Case Against Coinbase – Details
- The US Securities and Exchange Commission (SEC) plans to end its enforcement case against Coinbase.
- SEC staff agreed in principle to drop the lawsuit against the crypto exchange platform.
- The dismissal of the lawsuit would signify a shift in the US regulatory approach towards the crypto industry.
- Coinbase CLO calls for crypto legislation to prevent misuse of power by regulators and protect consumers.
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