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Massachusetts plans to create a Bitcoin reserve through the Commonwealth Bitcoin Strategic Reserve. Republican Senator Peter Durant leads the proposal, aiming to diversify state investments. Massachusetts has introduced a bill to create a Bitcoin reserve, marking a significant moment for cryptocurrency adoption. Republican Senator Peter Durant of Worcester County proposed the legislation. This initiative positions Massachusetts as the first deep blue state to pursue such a bold financial strategy. The bill seeks to establish the Commonwealth Bitcoin Strategic Reserve, managed by the state treasurer. Funds for the reserve will come from unused or uncommitted surplus money. Investments will be capped at 10% of the $9 billion Commonwealth Stabilization Fund, translating to a potential $9 million Bitcoin allocation. Balancing Innovation and Security Senator Durant emphasized that this measure complements traditional investments, not replaces them. The legislation permits secure holding of digital assets through custodians or exchange-traded products. Additionally, the state treasurer may loan Bitcoin or other assets to generate returns, provided financial risk remains low. The proposal reflects a growing acceptance of Bitcoin in mainstream financial strategies. It aligns with recent trends in other states and countries exploring strategic Bitcoin reserves. Texas and Wyoming have introduced similar legislation. Globally, regions like Hong Kong and Germany have also proposed Bitcoin-related initiatives. Treasurer Deb Goldberg, a Democrat, has not yet commented on the bill. A representative from her office confirmed that the proposal will be reviewed if formally presented. Proponents argue that BTC could diversify state investments and hedge against inflation. Critics caution about the asset’s volatility and regulatory concerns. If passed, the legislation could position Massachusetts as a pioneer in state-level cryptocurrency adoption and encourage other states to follow suit. With strategic measures and capped investments, the bill aims to balance innovation with financial security. Highlighted Crypto News Today 46% of crypto VC funding went to U.S. startups in Q4, with Trump set to boost
 
In the past week, the crypto market experienced a general uplift as Bitcoin surged above $100,000 for the first time since early December. According to data from CoinMarketCap, Ethereum gained by 7.25% spurring a return to the $3,500 price zone. Interestingly, more market developments are pointing to a long-term bullish future for the altcoin. Ethereum Merge Sparks Mega Increase In Whale Holdings In a recent X post by crypto analytics firm IntoTheBlock, the Ethereum network has recorded a massive rise in whales’ reserves over the past two years. Generally, whales are wallet addresses that hold a substantial amount of a token, typically over 10,000 ETH for the Ethereum network. Whales are important due to their large holdings which could allow them to influence market trends. According to IntoTheBlock, the Ethereum whales‘ balance has surged from 22% of the coin’s supply in early 2023 to a current value of 43%, indicating about a 100% gain in 24 months. So far, the blockchain analytics firm has linked this accumulation spree to the Ethereum Merge that occurred in September 2022. For context, the Merge, considered a historic event, allowed the Ethereum mainnet to integrate with the Beacon Chain transforming it into a fully functional proof-of-stake blockchain. The Merge offers many benefits in terms of potential for sharding to ease network traffic, environmental friendliness, and importantly staking, as it allowed long-term Ethereum investors to finally withdraw their staked rewards. IntoTheBlock postulated that in particular, whales found this upgraded staking feature attractive resulting in the accumulation surge since 2023. In backing this notion, data from beaconcha.in shows that staked ETH has grown from 15,804,310 ETH in January 2023 to 33,898,981 ETH in January 2025 indicating a 114.49% gain in the same period during which a surge in whale accumulation has occurred. In terms of their ability to influence market trends, whale transactions are viewed as trading signals by smaller, retail investors. Thus, a strong accumulation pattern by ETH whales, as currently reported, is a robust bullish signal supporting the altcoin’s long-term profitability. ETH Price Overview At the time of writing, Ethereum trades at $3,460 reflecting a 2.65% gain in the past 24 hours. However, the coin’s trading volume is down by 3.33% and valued at $26.11 billion. According to its daily trading chart, Ethereum is currently headed for a major price resistance at $3,700. If it surpasses this, it may rise further to around $4,000. With a market cap of $422.34 billion, Ethereum remains the second-largest cryptocurrency and altcoin in the world.
 
After a red Monday, the crypto market seems to be moving toward a green end of the week, registering an 18.54% increase from this week’s lows. Altcoins have broken out of a bullish formation, fueling investors’ optimism about the upcoming Altseason. Altcoins Final Shakeout ‘Completed’ On Friday, the crypto market recovered from its recent correction, with Bitcoin (BTC) reclaiming the $100,000 mark after days of hovering below this resistance level. Similarly, The King of Altcoins, Ethereum (ETH), reclaimed the $3,400 range after dipping below a key support level earlier this week. Other leading altcoins like Solana and XRP have also gained bullish momentum, with the former reclaiming crucial levels and the latter nearing its all-time high (ATH). Notably, the total crypto market capitalization, excluding BTC and ETH, surged 4% in the last 24 hours, hitting its highest point since the December retraces. Altcoins broke out on a three-year downtrend during the November-December rally, surging to $1.1 trillion, its highest market cap since 2021. However, the sector struggled to record significant gains after the end-of-year corrections, dropping around 25% from the post-election highs. Despite the performance, several crypto analysts predicted that Alts would see a bullish start to the year. On Monday, Altcoins fell to its lowest price range in weeks, dipping to a $900 billion market cap, but is now retesting last month’s highs. Amid the current performance, Titan of Crypto suggests that the “final shakeout seems completed.” The analyst previously asserted that the “grand finale” was around the corner, signaling that alts were about to explode. Alts Following Q1 2024 Performance? Recently, the analyst pointed out that a golden cross is “imminent” in the Altcoins chart. According to the post, “It’s only a matter of time before FOMO kicks in,” as 2021’s golden cross, which occurred at the start of that year, kickstarted a massive Altseason. Titan of Crypto added that early 2025 “could echo the explosive Altcoins rally of early 2021,” noting that the crypto market’s performance seemed to resemble its performance from four years ago. Meanwhile, crypto investor Miky Bull noted that Altcoins seems to be repeating its Q1 2024 playbook, which could lead to a “rally déjà vu.” Per the chart, the sector broke out of a multi-month trendline at the end of 2023 before a brief correction period and retest of the new levels. Then, Altcoins exploded at the beginning of Q1 2024, rallying until March, which is “the cogent reason that this Altseason might run till March.” The investor asserted that Altcoins market cap “has just completed its retest Expansion phase in full force loading,” as the crypto market capitalization, excluding the top ten tokens, had broken out of a 42-day accumulation period, which meant that “alts rally will follow.” Similarly, analyst Jelle highlighted that Alts had formed a bullish pennant “right below all-time high resistance,” which could lead to a massive rally once it broke. After the recent surge, Altcoins have broken out of the bullish formation, leaving “price discovery just inches away.”
 
Data shows the cryptocurrency derivatives sector has seen a large amount of liquidations in the past day as Bitcoin and others have enjoyed a rally. Both Crypto Long & Short Liquidations Have Been High Today According to data from CoinGlass, a significant amount of liquidations have piled up on the derivatives side of the cryptocurrency sector following the market volatility. “Liquidation” here refers to the forceful closure that any open contract undergoes after it has amassed losses of a certain degree (the exact percentage of which may differ between platforms). Below is a table that shows the data for the liquidations that have occurred in the cryptocurrency sector during the last 24 hours. As is visible, liquidations have totaled at almost $306 million in this window. Out of these, $154 million of the contracts involved were long positions, while $151 million were short ones. This remarkably even split suggests no side of the market was affected more than the other, which is interesting considering the context that Bitcoin and others coins have seen their prices rise during the past day. It would appear that the traders have been eager to place bullish positions with a high amount of leverage attached in this recovery rally, which is leading to any pullbacks on the way up catching them out and adding to the long liquidations counter. In terms of the contribution to the derivatives flush by the individual symbols, Bitcoin has once again come out on top with just under $98 million in liquidations. Ethereum (ETH) and XRP (XRP) have rounded out the top three with $37 million and $25 million in liquidations, respectively. This top three also happens to be the top three coins in the market cap list. Number four in liquidations doesn’t match up against the market cap ranking, however, as it’s in fact Dogecoin (DOGE) that has followed XRP with almost $16 million in contracts. The high contribution to the squeeze by the memecoin could be down to the fact that its popularity means speculators get driven to it more than larger altcoins like Solana (SOL). In some other news, the Bitcoin Open Interest has gone down relative to the market cap recently, as analyst James Van Straten has pointed out in an X post. The “Open Interest” refers to a measure of the total amount of Bitcoin-related derivatives positions that are currently open on all centralized exchanges. A high amount of speculative activity generally leads to volatility for the asset, so this metric’s ratio with the market cap should ideally stay low. From the graph, it’s apparent that the ratio shot up to a high of 2.8% in November, but its value as since cooled off to about 2.4%, a healthier level. Bitcoin Price Bitcoin’s latest recovery push has seen a continuation during the past day as its price has reached the $104,000 mark.
 
Bitcoin (BTC) has shown notable recovery since this week began, climbing back above $100,000 and now trading at $104,430. This upward move represents a 4.9% daily gain and more than a 10% increase over the past week. Analysts have been examining this rally closely, noting that it mirrors patterns observed in past market cycles. Specifically, the role of market pullbacks—often seen as discouraging by short-term investors—has emerged as a critical factor behind Bitcoin’s long-term strength. Bitcoin Larger Rally Ahead, Here’s Why According to datascope, a contributor to CryptoQuant’s QuickTake platform, Bitcoin’s most significant rallies have frequently originated in so-called “bear zones.” These are periods when the market dips sharply, and sentiment turns pessimistic. However, the analyst emphasizes that these pullbacks are more than just periods of loss; they are times when patient investors can position themselves for future gains. The current recovery, as the analyst explains, aligns with a historical pattern where Bitcoin tends to emerge stronger after periods of sharp declines. Datascope wrote in a post on the CryptoQuant QuickTkake platform: By examining past performance, datascope found that Bitcoin’s strongest upward moves have historically followed these bearish periods. Rather than panic-selling, holding steady during these moments has proven advantageous for those looking to capitalize on the eventual market rebound. According to the analyst, “these patterns highlight the importance of market psychology and the power of patience.” Datascope concluded by noting: Coinbase Premium Index Signals Bullish U.S. Sentiment Meanwhile, another reason why Bitcoin’s ongoing recovery could lead to a larger rally is the fact that Coinbase Premium Index (CPI), has returned to positive territory for the first time since early January. This metric reflects the difference between Bitcoin’s prices on Coinbase and other exchanges, often seen as a gauge of US investor sentiment. The recent move into positive territory suggests that American buyers are reclaiming market influence, potentially driving Bitcoin’s recent gains. Burak Kesmeci, another contributor to CryptoQuant, observed that US investors are showing renewed interest in Bitcoin as the inauguration of the new administration approaches. Kesmeci noted that the positive CPI readings indicate a market dominated by buyers on both daily and hourly timeframes. This shift in sentiment comes as Bitcoin reclaims the $100,000 milestone and may signal a broader trend of optimism among US investors. Featured image created with DALL-E, Chart from TradingView
 
Zurich, Switzerland, January 17th, 2025, Chainwire Hyperbridge Extends Token Offering Deadline, Token Generation Event Set for Q1 2025 Following the successful launch of its mainnet and Gateway Token Bridge, Hyperbridge announces the extension of its Initial Relayer Offering (IRO) deadline to February 28th, 2025. This decision comes in response to overwhelming demand, with over 52 million tokens out of the total 100 million supply already sold. The extension offers prospective participants a limited-time opportunity to join the Hyperbridge network, with early buyers still eligible for bonuses. As Hyperbridge expands its reach, this extension provides a final window for supporters to secure their position within the ecosystem. 50% Bonus Already Claimed: Early participants who joined before the initial deadline secured a 50% token bonus, a testament to Hyperbridge’s commitment to rewarding early adoption. 15% Bonus Available: A limited opportunity remains for participants to receive a 15% bonus on their token purchase. Hyperbridge’s mainnet launch marks a notable advancement in its journey toward transforming blockchain interoperability. The protocol has integrations with many ecosystems, including Ethereum, Optimism, Arbitrum, Base, BNB Chain, zkVerify, Gnosis, Bifrost, and more. The Gateway Token Bridge is already live, enabling secure, scalable cross-chain token transfers, messaging, and state queries. These integrations position Hyperbridge as a key contributor to the advancement of cross-chain applications. Hyperbridge is set to hold its Token Generation Event in Q1 2025, and participants in the IRO will be among the first to receive their tokens, unlocking opportunities to actively engage with the protocol. With its advanced zk-technology and focus on security, Hyperbridge has already seen rapid adoption, supported by integrations across major blockchain ecosystems. The protocol’s hub model ensures scalability and reliability, attracting developers, DAOs, and DeFi projects looking for robust cross-chain solutions. Regarding utility for the Hyperbridge token, $BRIDGE: a minimal BRIDGE token fee is required for transactions. So transactions such as cross-chain messages, storage queries, and state reads will use the token. Tokens collected as transaction fees are used to fund incentives and rewards for both relayers and block producers. Hence the token is planned to have zero inflation. The token will also be used for governance. For more information, users can visit Hyperbridge (https://app.hyperbridge.network/sale) About Hyperbridge Hyperbridge is a cryptoeconomic coprocessor for secure, verifiable interoperability powered by consensus and storage proofs. Hyperbridge is the HTTPS of blockchain interoperability, providing developers with onchain and off-chain SDKs for securely sending cross-chain messages (POST requests) and reading on-chain storage (GET requests). Website, Twitter About Polytope Labs Polytope Labs is a collective of researchers and engineers founded by core developers of Ethereum, Polkadot, and IBC. Focused on addressing fundamental infrastructure problems that continue to hold back the crypto industry, such as interoperability, scalability, and privacy. The team believes that Web3 is the next evolutionary step of the internet, and is fully committed to advancing truly decentralized technologies. Website, Twitter Contact Jonathan Duran [email protected]
 
In the ever-competitive world of cryptocurrencies, staying ahead of the curve often means identifying projects that combine innovation with practical solutions. Two standout players—Qubetics and XRP—are capturing the attention of investors looking for the next big thing. These platforms aren’t just promising returns; they’re reshaping the way global transactions are conducted. As we dive deeper into these two powerhouses, it becomes clear why Qubetics and XRP are at the forefront of the Top Cryptos to Invest in January 2025. Their distinct use cases and transformative potential make them must-haves in any savvy investor’s portfolio. Qubetics: A Revolution in Cross-Border Payments The Qubetics Network is setting new standards for cross-border financial transactions. Traditional payment systems are fraught with inefficiencies—delays, high fees, and cumbersome processes. Qubetics eliminates these pain points by leveraging cutting-edge blockchain technology, offering a seamless, cost-effective alternative. Lightning-Fast Transactions: Unlike conventional systems, which can take days to settle, Qubetics ensures that cross-border payments are completed within seconds. This makes it a game-changer for businesses operating in global markets. Enhanced Security: Built on a robust blockchain framework, Qubetics prioritizes data integrity and transaction transparency, ensuring every transfer is secure and tamper-proof. Scalability and Flexibility: Qubetics supports high transaction volumes without compromising speed or security, making it ideal for small-scale and enterprise-level operations. Its practical application in the financial sector positions Qubetics as one of the Top Cryptos to Invest in January 2025. Investors seeking a reliable and scalable project with real-world utility should watch this rising star closely. Qubetics is now in its 17th presale phase, offering $TICS tokens at an attractive price of $0.0501. This phase stands out for its investor-friendly structure, with weekly 10% price increases and a final phase surge of 20%. Having already raised over $9.7 million, secured 14,700+ holders, and sold 421 million tokens, Qubetics demonstrates robust market demand. Early buyers can anticipate an impressive ROI of 448.61%, calculated from the projected post-presale value of $0.25. Market analysts foresee $TICS reaching $10–$15 following the mainnet launch, marking exceptional growth potential for early participants. Investing during this phase allows buyers to acquire tokens at a fraction of the expected post-launch value, highlighting a rare opportunity for long-term gains. XRP: The Pioneer Redefining Payment Protocols As a long-standing player in the crypto space, XRP has consistently demonstrated its value as a reliable and efficient digital asset. Developed by Ripple, XRP was designed with a clear purpose: to enable instantaneous and cost-effective international payments. One of the most fascinating aspects of XRP is its unique launch history. XRP did not have an initial coin offering (ICO) like many other cryptocurrencies. Instead, it was pre-mined, and Ripple distributed the tokens strategically to fund development and partnerships. While some argue this was a missed opportunity for early investors, it has only added to the asset’s allure. Despite this unconventional beginning, XRP has cemented its position as a leading cryptocurrency, often serving as a bridge asset for financial institutions. Low Transaction Costs: XRP boasts some of the lowest fees in the industry, making it a preferred choice for large-scale remittances. Energy Efficiency: Unlike proof-of-work cryptocurrencies, XRP’s consensus algorithm ensures that transactions are validated quickly and with minimal energy consumption. Institutional Adoption: Major financial players have integrated XRP into their payment systems, further solidifying its position in the market. The coin’s resilience and adaptability make it a prime candidate among the Top Cryptos to Invest in January 2025. Conclusion In the fast-paced world of cryptocurrencies, identifying powerful and innovative projects is key. Qubetics and XRP exemplify what it means to combine visionary technology with practical applications. From Qubetics’ revolutionary cross-border payment solutions to XRP’s established role in the global financial system, these two platforms pave the way for a more connected and efficient world. As you explore the Top Cryptos to Invest in January 2025, don’t let the opportunity to invest in Qubetics and XRP slip away. Their potential to redefine the financial landscape and deliver significant returns makes them essential considerations for any portfolio. For More Information: Qubetics: https://qubetics.com Telegram: https://t.me/qubetics Twitter: https://x.com/qubetics Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this article does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this article.
 
Meme coins have taken the cryptocurrency world by storm, offering thrilling investment opportunities with unpredictable, high-reward potential. If you’re eyeing the best meme coins to invest in for short term gains, there are a few exciting contenders that should be on your radar. Arctic Pablo, Brett, and Cheems are currently making waves, each with its unique story and market traction. In this article, we’ll dive into these three meme coins, analyzing their features, potential for short-term ROI, and the factors that make them appealing for quick-hitting investments. Arctic Pablo Coin: A Journey to Prosperity—Catch the Thrill Before It’s Gone! Arctic Pablo Coin ($APC) is one of the most thrilling and unique meme coins on the market today, especially for short-term investors looking for massive returns. Imagine being part of an exciting adventure where you accompany Arctic Pablo, a daring explorer, as he embarks on a journey across icy terrains and mystical lands. His quest? To uncover treasures hidden beneath the frost—$APC coins that represent a gateway to prosperity. Arctic Pablo’s presale, which launched at a price of $0.000015, is gaining significant momentum, with each new location introducing a higher price point. As Pablo moves from location to location, each stage of the presale increases the coin’s value, bringing you closer to a higher ROI. Currently in Chillhaven, Arctic Pablo has raised over $100,000 in just nine days, and its price has already risen to $0.000023. The projected price at the end of the presale? $0.0008, followed by an eventual launch price of $0.008. The hype surrounding this meme coin is undeniable, and it’s only going to increase as more investors catch onto the thrilling narrative of Arctic Pablo’s travels. The presale price progression from Stage 3 (Chillhaven) to the final presale price of $0.0008 promises a staggering 34,683% ROI for early-stage investors. Plus, Arctic Pablo Coin features a deflationary token burn mechanism, which eliminates unsold tokens weekly, increasing scarcity and boosting the value for investors. Why invest in Arctic Pablo Coin? Arctic Pablo is the best new meme coins to invest in for short term. With its engaging narrative, deflationary mechanics, and incredible ROI potential, Arctic Pablo presents an irresistible short-term investment opportunity. If you’re looking for meme coins with massive potential, Arctic Pablo should be at the top of your list. Brett Coin: A Rapidly Growing Meme Coin with Long-Term Growth Potential Brett Coin ($BRETT) has become one of the hottest meme coins in the crypto space, especially within the Base ecosystem. While its price may not be as low as Arctic Pablo, it offers incredible growth potential for investors looking for substantial returns in a relatively short time. Currently priced at $0.131, Brett has already demonstrated impressive growth, with a market cap of $1.29 billion and a trading volume of over $45 million in the past 24 hours. What makes Brett such an exciting investment? For one, the coin is closely tied to the growing Base Chain ecosystem, which serves as its foundation. The Base Chain’s rapid expansion and numerous projects built on its platform give Brett a strong foundation for long-term growth. But here’s where things get exciting—Brett’s all-time low was just $0.0001076, and in just a year, it has skyrocketed by 121,605%. Even though it’s seen a dip from its all-time high of $0.235, it’s still a solid contender for short-term investments, especially with its strong community following and the continued growth of the Base Chain. Why invest in Brett Coin? With a 121,605% increase from its all-time low and its strong positioning within the Base Chain ecosystem, Brett is a great short-term investment that could yield impressive returns as the ecosystem continues to expand. Cheems Coin: Underdog with Big Potential—A Strong Meme Culture Play Cheems Coin ($CHEEMS) has long been a beloved meme coin within the broader Doge ecosystem. With a price of $0.097705 and a market cap of just over $324,000, Cheems is still flying under the radar for many investors. But don’t let its smaller market cap fool you—this meme coin has massive potential for growth, especially for short-term holders looking for the next meme coin to explode in value. One of the key selling points of Cheems is its community-driven nature. The coin’s humorous and relatable representation of an underdog character within the larger Dogecoin universe resonates with meme lovers, making it one of the most popular coins in the space. With a 2.12% price increase over the last 24 hours and a 20% increase in trading volume, the momentum behind Cheems is growing fast. Despite a significant dip from its all-time high of $0.071966, Cheems has still seen an impressive 3220.79% increase from its all-time low. Why invest in Cheems Coin? With a thriving meme culture community, low price entry, and strong growth potential, Cheems is an intriguing investment for short-term investors who love the underdog story. Conclusion: Based on Our Research and Market Trends, Arctic Pablo Leads the Charge Based on our research and market trends, the best meme coin to invest in for short-term gains is Arctic Pablo Coin. With its engaging narrative, deflationary token burn system, and mind-blowing ROI potential, Arctic Pablo presents the ultimate opportunity for quick gains. The coin’s presale has already raised over $100,000, with a price progression that promises massive returns. For investors looking for a thrilling ride to the top, Arctic Pablo offers an unforgettable adventure. While Brett and Cheems have solid potential in their own right, Arctic Pablo’s unique combination of myth, adventure, and scarcity-driven tokenomics positions it as the meme coin to watch. If you’re ready to dive into the world of meme coins and take advantage of some of the best short-term investment opportunities in the market today, then Arctic Pablo is the coin for you. Don’t miss out on this incredible opportunity. Join the Arctic Pablo Coin presale now, stake your tokens for 66% APY, and be part of a journey that promises prosperity and adventure at every turn. For More Information: Arctic Pablo Coin: https://www.arcticpablo.com/ Telegram: https://t.me/ArcticPabloOfficial Twitter: https://x.com/arcticpabloHQ Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this article does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this article.
 
OTPP faces a lawsuit over $95M FTX investment, citing lack of due diligence. Claims include breaches in evaluating FTX’s governance and controls. OTPP denies allegations, stating the investment was minimal and strategic. OTPP Faces Lawsuit Over FTX Losses An Ontario Teachers’ Pension Plan (OTPP) member has filed a lawsuit against the board, alleging improper due diligence in its $95 million investment in FTX, now defunct. The claim, filed in Ontario Superior Court, targets two investments in FTX, the cryptocurrency exchange, citing a breach of fiduciary duty. The lawsuit seeks to recover losses, claiming the board failed to secure reliable information on FTX’s management, governance, and cybersecurity. In a statement, OTPP denied the allegations, calling the claim baseless. “We take investment responsibilities seriously and conduct robust due diligence on private investments,” said an OTPP spokesperson. Poor Internal Controls The lawsuit also accuses the board of violating the plan’s investment policy, which requires evaluating risks tied to governance and responsible investing. A year after OTPP’s initial $75 million investment in October 2021, FTX filed for bankruptcy. Another $20 million investment followed in January 2022, with the entire stake written down by November 2022. Court documents highlight FTX’s poor internal controls and allegations of customer fund misappropriation. OTPP’s investments in FTX represented 0.05% of its net assets and a small ownership in FTX entities. The investments were part of OTPP’s Venture Growth platform to explore emerging fintech opportunities. OTPP expressed support for regulatory reviews into FTX’s failure, citing concerns over reported fraud. The allegations remain unproven in court. Highlighted Crypto News Today 46% of crypto VC funding went to U.S. startups in Q4, with Trump set to boost
 
As Bitcoin (BTC) surges past $100,000 once again, edging closer to a new all-time high (ATH), most crypto analysts predict the premier cryptocurrency will peak around $150,000 during this market cycle. However, some experts argue that such a target is “too low” for BTC, considering its growing adoption and evolving market dynamics. $150,000 Target Too Low For Bitcoin Crypto trader Alex Becker recently took to X to share his thoughts on Bitcoin’s price momentum. The trader said that although the consensus points to BTC peaking at $150,000 this cycle, he believes that the target is “way too low and way too short.” Becker argued that at $150,000, Bitcoin’s market capitalization would only represent one-sixth of gold’s, leaving significant room for growth. He described the idea of BTC reaching merely one-sixth of gold’s market cap as “silly low.” At the time of writing, Bitcoin’s total market cap stands at $2.06 trillion. In comparison, gold commands a significantly larger market cap of approximately $18.5 trillion. As for why, the trader noted that unlike past market cycles, things are vastly different for BTC during the current cycle. The top cryptocurrency is poised to benefit from favourable regulations under Donald Trump’s administration, alongside increasing adoption by corporations and sovereign nations as a store of value. Becker projects that, driven by these factors, BTC could peak anywhere between $250,000 and $400,000. His outlook aligns with that of crypto analyst Will Clemente. In a recent post on X, Clemente noted that if a nation adopts Bitcoin as a strategic reserve asset, it could trigger a domino effect, compelling other countries to follow suit. Clemente elaborated: BTC Supply Crunch Nearing? As more corporations add Bitcoin to their balance sheets and speculation grows about the potential establishment of a US strategic Bitcoin reserve, the active supply of BTC may come under pressure. Crypto analyst Miles Deutscher recently pointed out in an X post that Bitcoin balances on crypto exchanges have hit a fresh seven-year low. Historically, reduced exchange supply correlates with sharp, parabolic price increases for the asset. Other projections estimate BTC could reach a peak of around $200,000 by the summer of 2025. At press time, Bitcoin is trading at $103,973, up 5.7% in the past 24 hours.
 
Bitcoin (BTC) has seen a steady price recovery following the recent release of the US Consumer Price Index (CPI) report. It is now trading above $103,000. This marks an 8% gain over the past week, driven by growing interest from large investors and a shift in market dynamics. According to the latest insights from CryptoQuant Analysts, some underlying whale activity factors might be influencing Bitcoin’s current trajectory. Bitcoin Price Rebounds Amid Growing Whale Activity CryptoQuant QuickTake Platform contributor Joao Wedson has recently highlighted a noteworthy trend in whale behavior on Binance, the world’s largest crypto exchange. In a recent analysis, Wedson examined the Exchange Whale Ratio, which measures the share of Bitcoin’s largest inflow transactions relative to the total exchange volume. This metric, according to the analyst has now reached historical highs, signaling that large holders—often referred to as whales—are transferring significant amounts of Bitcoin to the exchange. The increased movement of Bitcoin by whales may indicate that they are preparing for substantial buy or sell actions, potentially amplifying market volatility. Wedson added: Understanding New Whale Movements and Market Cycles In addition to whale activity on Binance, another CryptoQuant contributor, KriptoBaykusV2, provided insights into the emergence of new large investors in the market. According to KriptoBaykusV2, the “New Whales” indicator highlights the influx of previously inactive large investors acquiring Bitcoin. Over the past three years, this metric has grown steadily, suggesting heightened interest in the cryptocurrency market. However, the entry and exit of new whales often coincide with price swings, making it a key factor for understanding market cycles. Historical data shows that peaks in new whale activity often align with periods of price volatility. For example, during 2021 and 2023, sharp increases in the number of new large investors were followed by significant price corrections. KriptoBaykusV2 wrote: Meanwhile, Bitcoin is currently trading at a price of $103,985, at the time of writing marking not only a 4.9% increase in the past day but also a nearly 10% surge in the past two weeks. Featured image created with DALL-E, Chart from TradingView
 
Solana (SOL) has made a remarkable recovery following Monday’s unexpected flash crash, surging by more than 28% in less than five days. This impressive rebound has sparked renewed optimism among investors, who are now eyeing the potential for a bullish continuation in the weeks ahead. The rapid price increase has positioned Solana as one of the top-performing assets in the crypto market, signaling a potential shift in momentum. Renowned analyst Jelle recently shared a detailed technical analysis, highlighting that Solana has broken out of its prolonged downtrend. According to Jelle, SOL has successfully reclaimed crucial monthly and weekly support levels, indicating a significant move could be on the horizon. These levels, often considered key benchmarks for long-term stability, suggest that Solana’s recent gains may be more than just a temporary bounce. If Solana can sustain this momentum, it may not only recover from recent losses but also pave the way for further gains, potentially outperforming other major altcoins. As technical indicators align with market enthusiasm, Solana could be gearing up for a breakout rally that captures the spotlight. Solana Set To Enter Price Discovery Phase Solana (SOL) emerged as one of the top market performers in 2024, posting an impressive surge of over 170%. This stellar performance cemented its position as a market leader and highlighted its resilience and growth potential within the crypto space. As 2025 unfolds, optimism surrounding Solana remains high, with many investors anticipating significant gains in the coming months. The momentum appears to be building already, as Solana begins the year with a potential breakout. Renowned analyst Jelle recently shared insights on X, pointing out that SOL has successfully broken out of the downtrend that had restrained it since late November. Moreover, Solana has reclaimed both monthly and weekly support levels—crucial milestones indicating that the asset has regained its bullish footing. According to Jelle, the price action for Solana is “super clean,” suggesting that the cryptocurrency is well-positioned for higher valuations. Jelle’s initial target for SOL is set at $330, a level that would not only mark a significant recovery but could also push Solana into a price discovery phase. This phase typically sees heightened market interest and volatility as traders and investors recalibrate expectations for the asset’s long-term value. With technical indicators and market sentiment aligning, Solana appears poised to capitalize on its upward trajectory. If Solana sustains this bullish momentum, it could continue to dominate headlines as a top-performing asset in 2025. As anticipation builds for further upside, traders and investors are closely monitoring key levels, knowing that the cryptocurrency’s next big move could redefine its role in the broader crypto ecosystem. SOL Testing Crucial Supply Around $220 Solana (SOL) is currently trading at $218, approaching a critical level that could determine its next major move. The price is on the verge of setting a new local high above $222, a significant resistance point. Breaking through this level would signal a strong bullish continuation, setting the stage for massive price appreciation and the potential to reclaim its all-time high (ATH). Analysts believe that if SOL clears the $222 mark and maintains its momentum, the next key level to watch is $250. Reclaiming and holding $250 as support would pave the way for Solana to enter uncharted territory, pushing its price into a new all-time high and potentially beginning a price discovery phase. This development would further solidify Solana’s position as a market leader and attract increased investor attention. However, failing to surpass the $222 resistance or reclaim the $250 level could lead to a consolidation phase. Such a pause in price action might delay Solana’s rally but could also provide a foundation for renewed momentum in the future. With market participants closely monitoring these levels, Solana’s price movements in the coming days will be pivotal in determining whether the cryptocurrency embarks on its next major leg up or enters a temporary holding pattern. Featured image from Dall-E, chart from TradingView
 
CoinCodex’s Machine Learning (ML) algorithm has released its monthly Dogecoin price prediction for 2025. The Dogecoin forecast highlights notable price increases from January to December, signaling bullish growth in this year’s Second Quarter (Q2). Dogecoin Price Prediction From January To December According to CoinCodex’s price projections, Dogecoin is expected to start 2025 with modest growth, reaching a minimum target of $0.352 and a maximum of $0.386 by January. This predicted price suggests a potential Return On Investment (ROI) of approximately 6.7%, as of writing. By February, however, Dogecoin is projected to experience a slight fluctuation, dropping to a minimum price of $0.355. It is also projected to see a maximum potential surge to $0.368, marking an 11% ROI. Dogecoin’s most remarkable price run is anticipated to occur during March and April. In March, Dogecoin is forecasted to reach a maximum price of $1, representing approximately 152.07% in ROI. This price increase is expected to be followed by an even more impressive growth in April, pushing DOGE above $1, with an ROI of 168.2%. By May 2025, Dogecoin is expected to stabilize around the $0.74 price level, reflecting a new ATH and a 79.15% ROI surge. The summer months also show a steady growth rate, with June projected to see a maximum Dogecoin price of $0.58 and a minimum of $0.50. This target represents a significant decline from its projected peak in Q1 2025. Moreover, Dogecoin is expected to yield a total ROI of 39.63%. In July and August, Dogecoin’s price could rise to a maximum of $0.70 and $0.67, respectively. These price surges are also expected to generate a significant ROI of 70.9% in July and 64.3% in August. The latter part of 2025 suggests more tempered gains, with September’s Dogecoin price estimates at $0.6, October at $0.58, and November at $0.5, on average. Each month is projected to yield significant ROIs of 56.76%, 53.46%, and 26.78%, respectively. By December, Dogecoin is predicted to close the year at a minimum price of $0.47, a maximum of $0.52, or an average of $49. This reflects a 26.28% ROI; however, it also indicates a significant decline from previous projected highs during the early months of 2025. While CoinCodex predicts Dogecoin’s price from January to December 2025, it also advises taking short positions for the first two months of the year. On the other hand, investors are urged to adopt a buy strategy from March through December, aligning with the anticipated bullish trend. Average Price Target For 2025 According to CoinCodex’s data, Dogecoin is expected to trade between $0.352 and $1.12. This suggests that the lowest expected price for this meme coin could be around $0.35, while its highest could surpass $1.12. Based on this predicted range, Dogecoin’s average price target for 2025 is $0.564, marking a potential ROI of 171.52% compared to current market rates. At the time of writing, the price of Dogecoin is $0.41.
 
Nearly half of all venture capital (VC) funding in crypto during Q4 2024 went to U.S.-based startups. Galaxy Digital’s Crypto and Blockchain Venture Capital report, filed on January 15, 2025, revealed this trend. U.S. VC Firms Lead in Q4 The report showed 46% of global VC funds were directed to U.S. firms. Hong Kong ranked second with 16%, while Singapore and the UK captured 9% and 8%, respectively. The U.S. also led in deal count, accounting for 36% of all VC transactions globally. Ryan McMillin, Chief Investment Officer at Merkle Tree Capital, attributed this dominance to the U.S.’s mature financial ecosystem. He said optimism about Donald Trump’s incoming pro-crypto administration fueled investments. “There’s a deep pool of venture capitalists and limited partners in the U.S.,” McMillin noted. “The 46% increase in Q4 reflects anticipation of a pro-crypto government.” Trump’s inauguration is set for January 20, 2025. His administration promises to make the U.S. a global crypto leader. Hundreds of pro-crypto candidates also won seats in Congress. Galaxy Digital’s Report Galaxy Digital’s Head of Research, Alex Thorn, expects U.S. dominance to grow further. “A supportive administration could finalize stablecoin frameworks and market structures,” he said. “This will open the doors for traditional financial firms to enter crypto.” However, regulatory uncertainty remains a hurdle. The SEC has targeted crypto firms aggressively, issuing $8.2 billion in penalties in 2024. Yet, enforcement cases fell by 26% compared to the previous year. Leadership changes at the SEC could alter this. Trump has chosen Paul Atkins, a crypto advocate, as the new SEC head. David Sachs will serve as the administration’s “Crypto Czar.” Trump has pledged to make the U.S. the “crypto capital of the world.” His government is expected to introduce initiatives supporting crypto startups and blockchain adoption. As the U.S. strengthens its crypto dominance, global markets watch closely. A pro-crypto administration may transform the U.S. into a hub for innovation and investment. Highlighted Crypto News Today Bhutan Moves Whopping 633 Bitcoin Amid Sharp Price Surge
 
Cryptocurrencies have rapidly evolved from a niche investment to a transformative financial force. As 2025 kicks off, three standout coins are making waves: Qubetics ($TICS), Avalanche (AVAX), and Binance Coin (BNB). These projects bring unique strengths, addressing challenges the crypto space faces while unlocking fresh opportunities. Each of these coins has carved its own path, and understanding their potential could help you make smarter investment decisions. First, let’s explore the revolutionary Qubetics ($TICS, a project designed to redefine blockchain interoperability, then dive into Avalanche’s DeFi dominance, and finally, examine Binance Coin’s role as the trading powerhouse. Qubetics ($TICS): Pioneering the Future of Blockchain Qubetics ($TICS) isn’t just another crypto project; it’s a game-changer. With its focus on interoperability, Qubetics is breaking down silos that have long plagued the blockchain ecosystem. This project aims to make seamless communication between blockchains a reality, which means businesses, professionals, and individuals can effortlessly integrate blockchain into their operations. One of the key aspects that sets Qubetics apart is its partnership with SWFT Blockchain, enhancing its ability to deliver cutting-edge solutions across diverse industries. In its ongoing presale, Qubetics has achieved incredible milestones: over 421 million tokens sold to 14,700 holders, raising more than $9.7 million. The Qubetics presale, now in its 17th stage, offers tokens at just $0.0501 each, an entry point that’s drawing significant attention from investors. Analysts are buzzing with predictions. If $TICS hits $0.25 at the presale’s end, that’s a 398% ROI. But it doesn’t stop there. Post-presale, $TICS could surge to $1, a staggering 1894% ROI. The real excitement? Projections of $10-$15 per token after its mainnet launch, translating to an astronomical 29,824% ROI. Qubetics is also tackling real-life problems that other projects have failed to address. By streamlining interoperability, it’s creating a user-friendly blockchain ecosystem that bridges gaps in data exchange, scalability, and usability. Whether you’re a business looking for efficient cross-chain solutions or an investor seeking exponential growth, Qubetics is perfectly positioned to cater to the future needs of digital finance. Avalanche: Redefining Decentralized Finance (DeFi) Avalanche (AVAX) has earned its reputation as a DeFi powerhouse. With its ultra-fast and low-cost network, Avalanche has become a go-to platform for developers and users in the decentralized finance space. Its unique three-blockchain structure—Exchange Chain (X-Chain), Platform Chain (P-Chain), and Contract Chain (C-Chain)—provides unparalleled scalability and speed without compromising security. In the world of DeFi, speed is everything, and Avalanche delivers with transaction finality in under a second. This capability makes it ideal for trading, lending, and other financial operations that demand real-time performance. Moreover, its Avalanche Consensus Protocol ensures energy efficiency, a critical factor as the industry moves towards greener solutions. The platform’s thriving ecosystem boasts hundreds of projects, including decentralized exchanges (DEXs), lending platforms, and NFTs. With support for Ethereum Virtual Machine (EVM), Avalanche allows seamless integration with Ethereum-based dApps, making it easier for developers to migrate or build. This compatibility has been a key driver of its growth, attracting top-tier DeFi protocols like Aave and Curve. Avalanche’s native token, AVAX, plays a central role in its ecosystem, serving as a medium for transaction fees, staking, and governance. With a growing adoption rate and an ever-expanding ecosystem, Avalanche is setting new standards in the blockchain industry. Binance Coin: The Backbone of Crypto Trading Binance Coin (BNB) is more than just a utility token for the Binance ecosystem—it’s a symbol of crypto’s mainstream success. As the native currency of the world’s largest cryptocurrency exchange, BNB is integral to the platform’s operations. From trading fee discounts to powering the Binance Smart Chain (BSC), BNB has established itself as a versatile and indispensable asset. The Binance Smart Chain, a parallel blockchain to Binance Chain, has become a hub for dApp development and DeFi activities. Its low transaction fees and high throughput have made it a competitor to Ethereum, attracting developers and users alike. In addition to DeFi, BNB is also widely used in token sales on Binance Launchpad, a platform that has launched numerous successful projects. But Binance Coin’s utility doesn’t end there. It’s also accepted as a payment method by a growing number of merchants worldwide, further cementing its role as a mainstream cryptocurrency. The regular token burns conducted by Binance, aimed at reducing the total supply of BNB, have consistently supported its value by increasing scarcity. For traders, investors, and crypto enthusiasts, Binance Coin represents a stable and reliable asset with a track record of sustained growth. It’s a coin that embodies the strength of the Binance ecosystem while offering opportunities for substantial returns. The Power of Interoperability in Blockchain Interoperability is more than just a buzzword; it’s the cornerstone of blockchain’s future. Without it, blockchains remain isolated, limiting their potential to transform industries. Projects like Qubetics are addressing this challenge head-on, creating seamless bridges between networks. Interoperability ensures that users and businesses can move assets and data across chains without friction. This capability is vital for the mass adoption of blockchain technology, as it simplifies complex operations and improves accessibility. In the case of Qubetics, its focus on interoperability isn’t just a feature—it’s a solution to a long-standing problem, paving the way for a more connected blockchain ecosystem. Conclusion: Why These Are the Best Coins to Buy Today As the crypto landscape continues to evolve, Qubetics ($TICS), Avalanche (AVAX), and Binance Coin (BNB) stand out as the best coins to buy today. Each brings something unique to the table: Qubetics is revolutionizing interoperability, Avalanche is leading the DeFi revolution, and Binance Coin is the backbone of crypto trading. If you’re looking for a project with massive growth potential, the Qubetics presale is an opportunity you don’t want to miss. With over 421 million tokens sold and more than $9.7 million raised, it’s clear that $TICS is capturing the attention of savvy investors. Don’t wait to dive into the future of blockchain. Explore these projects and secure your position in the ever-expanding world of cryptocurrency. For More Information: Qubetics: https://qubetics.com Telegram: https://t.me/qubetics Twitter: https://x.com/qubetics Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this article does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this article.
 
Singapore– UXLINK has officially announced on its X platform the launch of UXLINK ONE Chain, the first blockchain designed for Web3-native social growth and scalability. Developers can now apply to access the testnet at: https://sepolia.uxlinkone.com/. A Revolutionary Social Growth Solution As a core component of the Social Growth Layer, UXLINK ONE is built on Optimistic Rollup, inheriting its scalability and efficiency while integrating groundbreaking innovations. Key features include: • Comprehensive Social Account Abstraction: Enabling seamless user experiences. • Native Cross-Chain Framework: Allowing dApps to operate effortlessly across multiple blockchain ecosystems. Connecting Web2 and Web3 Users UXLINK ONE aligns with UXLINK’s mission to bridge Web2 users to the vast potential of Web3. The platform eliminates barriers by offering a unified access point, supporting cross-chain interoperability, and enabling decentralized applications (dApps) to run seamlessly across ecosystems. $UXLINK: The Core Utility Token The $UXLINK token serves as the sole and universal token of the UXLINK ONE Chain, further empowering the ecosystem and its growth. UXLINK ONE Testnet Technical Details • Network Name: UXLINK One Testnet • RPC Endpoint: https://rpc-sepolia.uxlinkone.com • Chain ID: 7181 • Currency Symbol: UXLINK • Block Explorer: https://sepolia.uxlinkone.com • Cross-Chain Bridge: https://testnet-bridge.uxlinkone.com Developers and blockchain enthusiasts are invited to explore UXLINK ONE’s potential and join the mission to redefine Web3 social growth. About UXLINK UXLINK is dedicated to creating cutting-edge solutions that connect Web2 users to the limitless opportunities of Web3. With a focus on social growth and interoperability, UXLINK is paving the way for a more connected and scalable decentralized future. For more information, visit the official website or contact: Website: https://www.uxlink.io/ Twitter : https://x.com/UXLINKofficial Telegram: https://t.me/uxlinkofficial CMC: https://coinmarketcap.com/currencies/uxlink/ UXLINK : [email protected] PR Contact: Rachita MediaX Agency [email protected] Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research.
 
Bhutan’s government executed two substantial transactions: the first involving 255.26 BTC. This activity coincides with Bitcoin’s price resurgence, recently surpassing the $104,000 mark. In a significant move within the cryptocurrency landscape, the Royal Government of Bhutan has transferred 633 Bitcoin (BTC) to undisclosed addresses, igniting discussions about potential market implications. On January 17, 2025, blockchain analytics firm Arkham Intelligence reported that Bhutan’s government executed two substantial transactions: the first involving 255.26 BTC and the second comprising 377.74 BTC. While the exact destinations remain unconfirmed, one of the receiving addresses is speculated to be associated with the major cryptocurrency exchange Binance. Moreover, this activity coincides with Bitcoin’s price resurgence, recently surpassing the $104,000 mark. Such governmental movements of large BTC volumes often lead to market speculation about potential sell-offs. Which could influence Bitcoin’s price dynamics. Despite these transfers, Bhutan’s government retains a significant cryptocurrency reserve, holding over 11,000 BTC. Banking on Bitcoin Furthermore, Bhutan’s engagement with Bitcoin extends beyond mere holding; the nation has been actively involved in Bitcoin mining operations. Also, leveraging its abundant hydropower resources, Bhutan has mined and accumulated Bitcoin over the past five years. Notably, in 2023, mining revenues contributed to a 50% salary increase for public servants. Underscoring the integration of cryptocurrency activities into the country’s economic framework. Also, the recent transfer of 633 BTC adds to a series of significant movements by Bhutan’s government. In October 2024, the government transferred 929 BTC, valued at approximately $66 million at the time, to Binance. Subsequently, in December 2024, another transfer of 502 BTC, worth around $49.42 million, was made to Binance and Singapore-based QCP Capital. These actions have prompted analysts to monitor Bhutan’s cryptocurrency strategy closely, considering the potential market impacts of such substantial transactions. As Bhutan continues to navigate the evolving cryptocurrency landscape, its strategic decisions regarding Bitcoin holdings and mining operations remain a focal point for market observers and policymakers alike. Highlighted Crypto News Today: Senator Cynthia Lummis Accuses FDIC of Crypto Misconduct
 
At the start of the year, many market analysts and observers shared their price expectations for Bitcoin, with many targeting $150k this cycle. However, a price target of $150k doesn’t do justice to Bitcoin, says one trader, arguing that the world’s flagship crypto asset is coming into this cycle with increasing institutional adoption. According to Alex Becker (@ZssBecker), a $150k target is “too low and too short” and only represents 1/6th of gold’s market cap. Instead, Becker sees a price of $250k to 400k as a better and more realistic target for Bitcoin this cycle. A Measly 48% Gain If Bitcoin Hits $150k According to CoinMarketCap, Bitcoin is trading at $101,690, and if it were to hit $150k, then this would represent a 48% increase and only a 38% increase from its all-time value of $108,249. According to Becker, it’s crazy to limit the price of Bitcoin to just $150k. At this value, this is only equal to 1/6th of gold’s market cap. In the same post, Becker explains why the digital asset can hit a higher high. He mentions the increasing adoption of the flagship crypto among nations, funds, and corporations. Becker adds that many countries and firms look at Bitcoin as a store of value and want to hold the asset. Analyst Targets $250k To $400k After calling the $150k mark a “silly low price” for Bitcoin, Becker offered a more realistic target for the asset. He argued that Bitcoin will rise from $250k to $400k this cycle. Becker’s sentiments were shared by Will Clemente, another popular crypto analyst. In his January 16th post on Twitter/X, Clemente argued that BTC will continue to appreciate in market price as soon as more countries adopt a Bitcoin reserve pool. Clemente predicted that Bitcoin has the strength to hit $1 million. He further stated that once countries adopt a strategic reserve for the crypto, it’s only natural for the government to start stockpiling the asset. Other Crypto Firms, Players Target Higher Price For BTC With Donald Trump’s presidency just around the corner, many firms and crypto analysts offer their price takes on Bitcoin. Blockware Solutions, in a post shared last December 29th, said that $150k is the “bear case target” for Bitcoin in case Trump decides not to pursue the plans to launch a BTC reserve. However, if the President pushes with the plans, the alpha coin’s probable base price is $225k, which can go up to $400k. VanEck is also offering a more rosy picture for Bitcoin, saying that this digital asset may hit $180k by the end of the year. Bitfinex suggested that it may reach $200k by mid-2025. According to Becker, the $150k target a few months ago was on target since only a few institutions are invested in the asset. However, in the current landscape of increasing adoption and favorable regulations, a $150k target just doesn’t make sense. Featured image from DALL-E, chart from TradingView
 
Barcelona, Spain, January 17th, 2025, Chainwire As an EU-licensed service provider, Vottun’s latest push for blockchain innovation through a ‘Code-to-Earn’ model is aimed at onboarding the next million developers to Web3 Backed by Draper, Macclin Capital, and Nebula Ventures among others, Vottun expects to significantly ramp up its developer count from 3,000 to 20,000, with a special focus on attracting talent from emerging economies Vottun, a multi-chain developer platform, has announced the launch of its tokenized ‘code-to-earn’ platform aimed at empowering the next million Web3 developers to effortlessly build next-generation dApps. By eliminating the need for blockchain expertise and incentivizing innovation, Vottun aims to encourage greater participation globally and create a more level playing ground for developers to create dApps, tokens, and DeFi tools while earning rewards for their work. As a developer-first platform, Vottun is especially focused on attracting developers from emerging economies, providing them with an accessible and rewarding pathway into the Web3 ecosystem. Developers can select from custom templates designed for blockchain projects, or start from scratch using dynamic APIs, and build dApps with limited to no exposure to development. Additionally, Vottun welcomes crypto enthusiasts without development skills to actively engage and participate in new projects, fostering a vibrant ecosystem of collaboration and creativity. With a thriving community of over 50,000 members actively participating in airdrops, challenges, and other fun and engaging activities, developers can launch their ventures with the support of a passionate and dynamic network. In short, allowing entrepreneurs to focus on creating business value from Web3. Vottun’s multi-chain approach integrates seamlessly with leading blockchain networks and partners, including DEXTools, Fireblocks, Circle, and Certik, ensuring robust support for developers and enterprises. With its comprehensive tech stack for multi-chain interoperability and an EU-licensed service provider, Vottun aims to offer the right infrastructure and support to unlock untapped potential and eventually diversify blockchain development globally. The company presently boasts of a 3,000-strong developer community with a goal of onboarding over 20,000 in the next 12 months, a feat that will see it double the total number of all developers currently active in Web3. Private LCO on PAID Vottun is slated to hold its Private LCO from January 21st-22nd on the PAID launchpad, as it prepares for its much anticipated TGE later this quarter. Already a partner to retail users and enterprises globally, Vottun was recently in the news for its collaboration with Arbitrum to advance blockchain scalability and interoperability. The company’s client roster includes some of the world’s top brands, including Nestle, PwC, The World Bank, and Chupa Chups, among others. Developers and blockchain enthusiasts are invited to explore Vottun’s platform and become part of its growing community at www.vottun.com/. Investors can find more details about Vottun’s upcoming Private LCO here. About Vottun Vottun is a blockchain innovation company focusing on enhancing the Developer Ecosystem by providing developers with everything they need to build, scale, and launch cross-chain dApps. The company’s mission is to support developers transitioning from working in the world of web2 — from those with no prior blockchain programming experience to web3 enthusiasts — by giving them cutting-edge tools to begin building dApps, Tokens, Marketplaces, and DeFi projects, to create valuable new business models, processes and services in web3. Contact Account Manager Aroma K Luna PR [email protected]
 
XRP has enjoyed a rally beyond the $3.2 mark as on-chain data shows the cryptocurrency is among the altcoins witnessing the largest whale activity spikes. XRP Whale Transaction Count Has Exploded Recently In a new post on X, the on-chain analytics firm Santiment has shared the list of altcoins that have seen the largest jumps in Whale Transaction Count during the past week. The “Whale Transaction Count” here refers to an indicator that keeps track of the total amount of transfers occurring on a given network that are carrying a value of more than $100,000. Only the whale entities are usually capable of moving such large amounts with single transactions, so the metric is assumed to reflect the level of activity in which these humongous investors are participating. When the Whale Transaction Count has a high value, it means the whales are making a large number of moves on the blockchain. Such a trend implies these key holders have a notable interest in trading the asset. On the other hand, the indicator being low suggests that large investors may not be paying much attention to the cryptocurrency as their transactions remain at a low level. Now, here is the table posted by the analytics firm that shows the ranking of the altcoins (with a market cap greater than $500 million) in terms of the percentage increase in the Whale Transaction Count over the past week: As is visible above, there have been seven cryptocurrencies that have witnessed a Whale Transaction Count spike of at least 100% in this period. The altcoin that most stands out on the list, however, is actually in the eighth spot: XRP (XRP). The asset has witnessed around an 81% increase in whale activity during the last seven days, which, while lesser than the others, is still more impressive simply because of the fact that the coin has a much more massive market cap. XRP would already have many whales active on the blockchain, so to still register a growth of this degree would imply an extraordinary rise in transactions in pure numbers. Generally, a high Whale Transaction Count is something that can lead to volatility in an asset’s price. The emerging price action can be in either direction, as the indicator only tracks the number of transfers and contains no information about whether the whales are making the moves for buying or selling purposes. In XRP’s case, though, it would appear that these transactions have been for buying indeed, as its price has seen an impressive rally of almost 41% inside the window. Interestingly, the altcoin that has topped the list isn’t one with a variable price, but rather a stablecoin: Dai on the BNB blockchain. “For stablecoins, increased activity is typically a good sign that large levels of funds are being prepared to be swapped for altcoins that are common with that stablecoin’s trading pair,” notes Santiment. XRP Price At the time of writing, XRP is trading around $3.2, down 2% over the last 24 hours.
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