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Cryptocurrency has become a thrilling, fast-paced game of winners and losers, and 2024 is already setting the stage for some serious shake-ups. Binance’s recent collaboration with Cristiano Ronaldo for exclusive NFT collectibles has sparked excitement across the globe, while Chainlink is grabbing attention with its new partnership with Coinbase for the launch of Project Diamond. And then there’s Toncoin, which has experienced an 80% surge due to whale activity, leaving investors wondering if they’ve missed the boat. But while these projects are stirring things up, Qubetics, with its innovative non-custodial wallet and more than $7.2 million raised in presale, could very well be the next big player in the crypto world. With a promising future ahead, Qubetics is one of the best coins to invest in today, especially for those looking for something fresh. The big question for crypto enthusiasts is: What makes Qubetics stand out in a crowded market? While Binance, Chainlink, and Toncoin are making waves in their respective niches, Qubetics ($TICS) is on a mission to solve real-world problems that have stymied the adoption of decentralised finance. With over 10,800 token holders and projections of a $10-15 valuation after the mainnet launch, Qubetics is well-positioned to deliver the next big breakthrough. Whether you’re looking to protect your assets from regulatory risks, privacy issues, or the security flaws that have plagued traditional custodial wallets, Qubetics has the solution. So, let’s dive into why Qubetics, along with Chainlink and Toncoin, are the best coins to invest in today. Qubetics: The Decentralised Future of Crypto Qubetics is not just another crypto project—it’s an innovative solution that directly addresses the security, privacy, and accessibility issues faced by many crypto users today. While other blockchain solutions have struggled to gain widespread adoption due to centralised custody, Qubetics flips the script with its non-custodial wallet. In simpler terms, it gives you full control over your digital assets, allowing you to bypass third-party risks and retain privacy. With over $7.2 million raised during its presale and 359 million $TICS tokens sold, it’s clear that investors see the value in Qubetics’ approach. What makes Qubetics even more compelling is its timing. As of December 2024, the project is in its 13th stage, and analysts are predicting a massive surge in its price following the mainnet launch—some even suggest a valuation between $10-15 per token. This is a significant increase from its current presale price of $0.0342. For an investor putting in $1,000 today, that’s a potential return of anywhere from $100,000 to $150,000, assuming the analysts’ predictions hold true. Not a bad return, right? But Qubetics doesn’t just promise big profits; it also aims to fix the inherent problems that have plagued the crypto space for years. Security risks, regulatory concerns, and dependency on third parties have all made many users hesitant to fully embrace decentralised finance. Qubetics is putting a stop to all of that. Its non-custodial wallet ensures that users have complete control over their assets, protecting them from both internal and external threats. By eliminating the need for centralised entities, Qubetics helps create a safer, more private environment for crypto users. To learn more about Qubetics, you can check this out: Watch the Video. Chainlink: A Key Player in the Web3 Ecosystem Chainlink has long been regarded as one of the most reliable blockchain projects, providing decentralised oracle solutions that allow smart contracts to securely interact with external data sources. But with the launch of Project Diamond in partnership with Coinbase, Chainlink is taking its offerings to new heights. The integration of Chainlink with Coinbase is a significant step forward for both projects. This collaboration will allow developers to leverage Chainlink’s data services while using Coinbase’s robust blockchain infrastructure, creating a seamless environment for building and scaling decentralised applications (dApps). This is especially important as Web3 development continues to explode, with more and more developers looking for reliable and secure ways to connect their apps to real-world data. As a long-standing player in the crypto space, Chainlink continues to be one of the best coins to invest in today. With Project Diamond, Chainlink is positioning itself as the backbone of decentralised finance and Web3. For investors, Chainlink presents a unique opportunity to tap into the growing demand for blockchain infrastructure. A $1,000 investment in Chainlink today could see substantial returns as demand for oracle solutions continues to skyrocket. Toncoin: Whale Activity Sparks Huge Price Surge Toncoin has recently captured the spotlight, with an 80% surge driven by increased whale activity. But what’s behind this sudden interest? Toncoin’s market sell-off to the tune of $405 million has spurred some of the largest investors to take positions in the asset, betting that the token is poised for further growth. Toncoin’s popularity is not just driven by speculative activity; it’s also seen as a key player in the growth of decentralised networks. Toncoin’s blockchain is designed to support high-throughput applications, making it a strong contender for anyone interested in investing in scalable Web3 projects. The price surge suggests that large investors are confident in Toncoin’s future, and if you’re looking for the best coins to invest in today, Toncoin should definitely be on your radar. For those looking to invest $1,000 in Toncoin, the surge in whale activity is a clear signal that the token could be primed for even greater growth. However, as with any cryptocurrency, it’s important to remain cautious and understand the risks involved in the volatile market. The Final Word While Chainlink and Toncoin are undoubtedly strong contenders in the crypto world, Qubetics is emerging as a truly unique project that promises to solve the critical issues preventing mass adoption of decentralised finance. With its non-custodial wallet and focus on security, privacy, and user control, Qubetics is positioning itself as one of the best coins to invest in today. In fact, with its presale already generating over $7.2 million and 359 million $TICS tokens sold, Qubetics is proving to be one of the most exciting projects of 2024. The analysts’ predictions of a $10-15 price range after the mainnet launch make it a compelling investment opportunity for anyone looking to capitalise on the next big crypto wave. Qubetics is not just about financial gains; it’s about the future of decentralised finance. By providing real solutions to the problems that have held back the industry, Qubetics is setting a new standard. So, don’t miss out—join the Qubetics presale today and be part of the revolution. These may just be the best coins to invest in today—and Qubetics is leading the charge. 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 press release does not represent any investment advice. TheNewsCrypto recommend 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 press release.
 
Copper withdraws its UK crypto license application amidst increasing competition of financial hubs in the country. Copper moves to expand its services in the US, Europe, and the Middle East regions. Crypto custody firm Copper Technologies withdrew its application to get a UK crypto license. The news came to light when Bloomberg reported on the company’s decision to withdraw its application today. The company stated the reason behind its withdrawal as its shift in priorities of the new CEO. The company’s former UK Chancellor of the Exchequer Philip Hammond mentioned that the UK withdrawal no longer fits in the company’s future business trajectory. Its new CEO Amar Kuchinad believes refining the company’s global growth strategy is his priority. Furthermore, they are necessitating key decisions on their direction and approach for the firm’s future growth plans. Copper Technologies Focuses on Other Jurisdictions The UK-based crypto custody firm focuses on the US expansion, considering the favorable market conditions in the country with Trump as its president. The new CEO elaborated on his plans to lead the next phase of Copper’s global growth strategy during his speech upon becoming the CEO of Copper in October this year. Kuchinad even outlined the plans to pursue regulatory custodial or money transmitter licenses in the United States. Former UK Prime Minister Rishi Sunak ambitioned to make the “UK a global hub for crypto asset technology.” However, the UK is facing extreme competition from other global financial hubs that are attracting crypto asset firms. In particular, Trump’s election as the President and his stance on crypto is drawing attention from all the major crypto firms across the globe. Additionally, Kuchinad believes that withdrawal of the application to get a license from the UK FCA is the right decision for their business. And, they are now going to focus on the growth in their priority markets such as the US, Europe, and the Middle East regions. Highlighted Crypto News Today: Vivek Ramaswamy’s X Account Hacked to Promote Fake DOGE-USUAL Collaboration
 
Singapore, Singapore, December 20th, 2024, Chainwire Foresight Ventures, a global leading Venture Capital in Web3 and blockchain, has unveiled its latest research report on Story, highlighting its transformative potential in building a decentralized ecosystem for managing intellectual property (IP). The research delves into how the protocol enables trustless IP management, automated licensing, and dynamic royalty systems, fostering an AI-driven IP economy that redefines digital creativity and collaboration. Revolutionizing the IP Landscape Story recently introduced the Agent Transaction Control Protocol for Intellectual Property (ATCP/IP), a groundbreaking framework enabling the seamless and autonomous exchange of IP on-chain. By integrating programmable licensing terms, royalty automation, and dispute resolution mechanisms, it provides a scalable, trustless infrastructure for creators and innovators. Pioneering the AI Economy A key highlight of the research is Story’s role in bridging blockchain technology with the growing AI ecosystem. The ATCP/IP framework allows AI agents to autonomously manage, license, and trade datasets, outputs, and algorithms, facilitating collaboration and innovation at an unprecedented scale. Real-World Applications and Future Potential Story’s applications extend beyond intellectual property to address broader market needs. From tokenized real-world IPs like Bored Ape Yacht Club to royalty-based financial derivatives, its modular framework provides robust solutions for creators and enterprises. Its AI integration further amplifies its scalability, enabling decentralized knowledge economies to thrive. For more details of the research, users can visit this LINK. About Foresight Ventures Foresight Ventures is the first and only crypto VC bridging East and West. With a research-driven approach and offices in the US and Singapore, they are a powerhouse in crypto investment and incubation. Their premier media network includes The Block, Foresight News, BlockTempo, and Coinness. The team aggressively invest in the most daring innovations. They are dedicated to partnering with visionary projects and top teams to help them succeed, reshaping the future of digital finance and beyond. For more information, users can visit: Website | Twitter | LinkedIn | Discord | Linktree Contact PR team Foresight Ventures [email protected]
 
Although Shiba Inu (SHIB) has a $0.00005 price target, two strong contenders, Pepe Coin and Rexas Finance (RXS), are ready to reach an impressive $20 billion market capitalization long before SHIB reaches $0.00005. RXS is one of the most innovative crypto projects, combining community-driven expansion with creativity. At presale stage 10 as of writing, RXS has increased by 400% and is priced at $0.15. Rexas Finance (RXS): A New Contender in the Crypto Arena Having listings on well-known sites like CoinMarketCap and CoinGecko, Rexas Finance (RXS) has quickly established itself. Rexas Finance has adopted a community-centric approach, gathering a network of individual investors driven by its goal. This approach guarantees a strong basis of support. Over its ongoing presale period, Rexas Finance has shown fantastic expansion. In early September 2024, the RXS presale went live. It began at $0.030 in stage 1 and has climbed an incredible 400%. By stage 10, it is now priced at $0.15. The presale has been impressive, with 350,719,284 RXS tokens sold thus far, raising $28,733,234 in presale funds. RXS’s price will likely rise by 20%, hitting $0.175 before the official launch on three of the top ten tier-1 exchanges. Given its 1 billion RXS token supply, Rexas Finance presents investors with a significant chance of expansion. In the crypto space, security is crucial. Hence, Rexas Finance (RXS) guarantees this through an extensive assessment by Certik, a top blockchain security company. By listing on CoinMarketCap and CoinGecko, Rexas Finance has also improved its profile since it lets investors track real-time performance and obtain premium data on the coin. Rexas Finance (RXS) offers a $1 million RXS giveaway to increase its community’s holdings. As of this writing, there are 540,550 entries, and 20 lucky winners will each receive $50,000 worth of RXS. Investors can increase their chances of winning by sharing and finishing chores on the Rexas Finance website, generating additional entries. Tokenization of Real-World Assets by Rexas Finance The Rexas Finance ecosystem supports several token standards, including ERC-20, ERC-721, and ERC-1155, to accommodate a broad spectrum of asset types and use cases. The Rexas Launchpad further increases the network’s value, as developers can fund their tokens, expanding the ecosystem’s reach. Thus, Rexas Finance is positioned to take a sizable chunk of the trillion-dollar worldwide market for real-world asset tokenizing. Projected Growth and Investment Potential As of writing, RXS is poised for expansion. Before SHIB reaches the $0.00005 aim in 2025, analysts estimate RXS may reach $21, attaining a market capitalization of $20 billion. The substantial success of Rexas Finance (RXS), the complete ecosystem, and the growing demand for real-world asset tokenizing form the basis of this estimate. Investors have a limited opportunity to engage at cheaper prices before the coin releases at $0.2 on leading exchanges. Rexas Finance’s community-first approach drives its success. By avoiding venture financing and depending instead on private investors, Rexas Finance has developed a devoted and involved community. Conclusion: A Golden Opportunity for Investors As Shiba Inu keeps climbing toward $0.00005, Rexas Finance offers a convincing substitute for investors looking for notable profits and creative ideas in the crypto industry. With its outstanding presale increase, certified security, actual asset tokenization, and strong community support, Rexas Finance is ready to take the market by storm. Currently valued at $0.15 as of writing, the RXS token presents a unique investment possibility with the potential to reach $21 due to the project’s visionary approach and market demand. PEPE and RXS show bullish potential to hit a $20 billion market cap before SHIB reaches $0.00005, Take advantage of the opportunity to travel with Rexas Finance. Join a community committed to transforming the junction of real-world assets and blockchain technology and take part in the presale at stage 10 while prices are still favorable. Visit the Rexas Finance website now to find out more about the out presale, the giveaway, and how you may help with this innovative project. Now, obtain your RXS tokens and join distributed finance’s future. For more information about Rexas Finance (RXS) visit the links below: Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance 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. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.
 
There is a shift in focus among crypto investors with growing excitement as they make bold moves towards the next big opportunity. While major tokens like ONDO and AAVE have captured the spotlight recently, a growing number of investors are now turning towards a $0.07 presale token, which has already raised nearly $5 million. As its presale accelerates, investors are seizing the chance to get in early before the coin’s anticipated rally. Let’s see the full details of this emerging crypto market trend! ONDO News Alert: Whale Sets the Stage for Bullish Market Move In a major development, a prominent crypto whale recently made a significant $17.1 million purchase of ONDO tokens. This move has caught the attention of the crypto community, especially amid the ongoing market downturn. As the market crashed, the whale’s purchase sparked renewed interest in ONDO, positioning it for potential growth. As of December 2024, ONDO’s price currently ranges between $1.98 and $2.11. Projections indicate a possible rise to $2.50 by January 2025. The whale’s strategic move suggests that institutional and retail investors are eyeing ONDO for the next bullish phase. However, as ONDO investors watch the market closely, a new opportunity has emerged. Many are shifting their focus to a promising $0.07 DeFi coin, now in its presale. This DeFi coin has already raised nearly $5 million, attracting significant attention from investors. From AAVE to $0.07: Investors Bet on Next Big DeFi Coin Ahead of Bull Run Blockchain Capital’s recent $5.06 million deposit in AAVE tokens has attracted widespread attention. The 16,964 AAVE tokens were transferred to FalconX, signaling a strategic move by the venture capital platform. Blockchain Capital, an early investor in the DeFi space, first accumulated 233,256 AAVE coins from 2020 to 2023. The move follows two years of halted activity, raising questions about Blockchain Capital’s next steps. As AAVE continues to trade around $373, many investors are considering future growth potential. Analysts predict a steady bullish trend for AAVE, although attention has recently shifted to other DeFi coins. Despite AAVE’s strong position, some investors are now rushing to accumulate the bullish $0.07 DeFi coin. IntelMarkets: A Game-Changer for DeFi Traders IntelMarkets (INTL) has become the center of attention in the crypto market. Investors are flocking to this platform, attracted by its unique offerings and the potential for substantial returns. With a DeFi coin price of just $0.073, INTL is gaining traction, especially as it enters Stage 8 of its public presale. Over $4.9 million has already been raised, fueling excitement for what’s to come. IntelMarkets stands out with its groundbreaking dual-chain functionality. Built on both Ethereum and Solana, the platform gives traders flexibility like never before. This platform offers traders the freedom to choose the most suitable blockchain strategy, combined with 1000x leverage. The high leverage magnifies modest price changes, providing traders with more power to optimize their strategies. IntelMarkets provides more than just high leverage. Its wide range of asset pairs and improved liquidity make it a reliable platform for those seeking profitable opportunities. INTL’s Presale Breaks Records: Investors Eye 100x Returns! The presale phase of IntelMarkets is drawing attention for its impressive ROI potential. Currently priced at $0.073, the coin has a projected 100x upswing post-launch. It’s no surprise that investors are eyeing this DeFi coin price as a major investment opportunity. Having raised $4.9 million with a rapid presale, IntelMarkets is on the path to transforming the crypto trading world. As more investors dive in, this DeFi coin is emerging as the next big thing. The perfect time to get involved is now! Visit Intel Markets Presale Join The INTL Community Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend 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 press release.
 
Social media mentions of ‘buy the dip’ hit an 8-month high as Bitcoin dropped below $100K. The social dominance score reached its highest level since April 12, 2024. Social media discussions about “buying the dip” have surged to an eight-month high as Bitcoin’s price recently fell below $100,000. This decline sparked a wave of chatter among investors, with the social dominance score hitting its highest level since April. Despite the drop, search interest in crypto remains strong, signaling continued market activity. Bitcoin’s price has been fluctuating around the $100,000 mark for the past week. Every time it dipped below this psychological level, significant liquidations occurred. On December 19, Bitcoin’s price fell to $95,500, sparking discussions about buying the dip. At publication, Bitcoin was trading at $92,000, reflecting the market’s volatility. Investors are closely monitoring price movements, hoping for a potential recovery. The social dominance score, which tracks the proportion of social media mentions about buying the dip, reached 0.061 on December 19. This was the highest score since April 12, when Bitcoin’s price dropped below $70,000. This surge in “buy the dip” mentions suggests that many believe this dip could be an opportunity to invest. Crypto Market Volatility Rises Search interest for crypto remains high, although it has decreased slightly since the beginning of December. Global searches for “crypto” scored 75 over the past seven days, down from a peak of 100 at the start of the month. Meanwhile, “buy the dip” searches reached a score of 38, the highest level since August 10. Market analysts, including Santiment, suggest that the current conditions could lead to increased volatility. They believe a potential short squeeze could trigger a sharp price recovery. However, some analysts remain cautious, as the market could dip further before seeing a rebound. The Federal Reserve’s recent rate cut and its cautious outlook for 2025 have added to market uncertainty. This has fueled concerns about inflation and its impact on the economy, which could influence the crypto market. Highlighted Crypto News Today How Will Shiba Inu’s Partnership with Chainlink Impact Its Ecosystem?
 
With just under 24 hours left on the clock, ADADENG—the Moo Deng-inspired meme coin on Cardano—has smashed through the 100,000 ADA milestone in its unprecedented presale. As investors scramble to secure their share of this community-first token, many are asking the burning question: Buy $ADENG Token How high could ADADENG go if it follows in the explosive footsteps of $SNEK and $HOSKY? A Cardano Meme Coin Ready to Take Flight ADADENG captures the lighthearted charm of “Moo Deng” while offering more than mere entertainment value. Built on Cardano’s secure, scalable blockchain, ADADENG is positioned as a next-generation meme token that blends humor, community, and groundbreaking tokenomics. This potent combination has already sparked a frenzy among Cardano enthusiasts, setting the stage for a potential moonshot once the presale concludes. A Community-Driven Presale Model Like No Other Unlike conventional token sales, the ADADENG presale has no predetermined price. Instead, the community itself determines the token’s final valuation based on total ADA raised. With no purchase limits and a staggering 70% of total tokens allocated to early investors, this is a fair, open playing field. The community isn’t just buying tokens; it’s shaping the future of ADADENG, ensuring that no single entity holds a disproportionate sway over the project’s future. New Dashboard: Full Transparency, Real-Time Excitement To bolster trust and engagement, ADADENG has launched an interactive dashboard where presale participants can view their token allocation and track their leaderboard ranking in real-time. This hands-on feature infuses the sale with excitement and gamification, transforming it into a shared experience rather than a mere transaction. Plans are already in motion to integrate Adahandle —a Cardano-based naming system, making it easier for community members to identify and celebrate each other’s contributions. This move underlines ADADENG’s commitment to user experience, accessibility, and an ever-growing community spirit. Join Adadeng Presale A Swift Launch on Minswap for Immediate Gains Time is running out, and the rewards for early movers are significant. Just 48 hours after the presale wraps up, ADADENG will make its grand debut on Minswap—one of Cardano’s premier decentralized exchanges—paired directly with ADA. Even better, the listing price will be set a full 25% higher than the final presale price, delivering instant upside to those who got in early. Interested early investors can join the Adadeng presale here: https://www.adadeng.com/buy-adeng Considering how $SNEK and $HOSKY captured the imagination of the Cardano community and rewarded early backers with eye-popping gains, ADADENG appears poised to follow suit. The question on everyone’s mind: Will you be part of the next great success story, or will you watch from the sidelines as others celebrate? Join the Adadeng’s fast growing community on Telegram & Discord to stay updated on the latest news about Adadeng. The Final Countdown: Less Than 24 Hours Left With the finish line rapidly approaching, there’s no time to waste. Join the ADADENG presale now, seize the moment, and become an integral part of Cardano’s most anticipated meme coin launch. Don’t miss your chance to ride this wave of innovation, humor, and financial opportunity. Official Links: Website: https://adadeng.com Presale: https://www.adadeng.com/buy-adeng Dengpaper: https://www.adadeng.com/dengpaper Telegram: https://t.me/adadengcardano Discord: https://discord.gg/tpAvPDdDXT Blog: https://adadengcardano.medium.com Email: [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 recommend 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 press release.
 
El Salvador bought 11 BTC, increasing its reserves to 5,980 BTC, worth around $580 million. The IMF deal requires scaling back government Bitcoin activities, including shutting down the Chivo wallet. Bitcoin remains legal tender, and El Salvador plans to continue buying Bitcoin for its reserves. El Salvador has been purchasing 11 BTC for $1 million, a day after reaching a $1.4 billion loan agreement with the International Monetary Fund (IMF). This purchase adds to the country’s growing Bitcoin reserves, totalling nearly 6,000 BTC, valued at around $580 million. However, this move comes at a critical moment when the country’s controversial Bitcoin policies are under scrutiny due to an agreement with the IMF that requires scaling back government involvement in cryptocurrency. In 2021, El Salvador is the first country to adopt Bitcoin as legal tender. President Nayib Bukele championed this bold move to increase the country’s economy, especially in remittances and financial inclusion. However, the adoption of Bitcoin has not been without challenges. A significant portion of the Salvadoran population has shown ignorance to embrace cryptocurrency. With surveys indicating that nearly 88% of citizens did not use Bitcoin in 2023. Purchase of Bitcoin Despite IMF warning Despite these challenges, El Salvador’s government has continued to invest in Bitcoin and plans to accelerate its purchases. According to Stacy Herbert, Director of the National Bitcoin Office, the government intends to keep buying Bitcoin. For its Strategic Bitcoin Reserve, potentially at a faster pace. This commitment to Bitcoin remains strong, even as the IMF has urged the government to scale back its activities. As part of the loan deal, the IMF has imposed conditions that limit the government’s Bitcoin-related economic activities, including transactions and purchases. The country has agreed to the voluntary use of Bitcoin in the private sector, discontinuing the government-operated Chivo wallet and ensuring that taxes remain payable in US dollars. These stipulations aim to address the risks associated with Bitcoin volatility, which the IMF views as threatening El Salvador’s economic stability. The Chivo wallet, created by the government to facilitate Bitcoin payments, will be privatized or shut down. This marks a significant shift in the country’s approach to Bitcoin, moving away from government involvement in cryptocurrency services. However, the government has reassured the public that Bitcoin will remain legal tender and private-sector Bitcoin wallets will continue to serve Salvadorans. This new phase in El Salvador’s Bitcoin journey highlights the country’s delicate balancing act: maintaining Bitcoin’s legal tender status and strategic reserve while adhering to IMF guidelines to ensure fiscal stability. As Bitcoin continues to be a part of the country’s economic strategy, it remains to be seen how these changes will impact the broader adoption of cryptocurrency in El Salvador. Highlighted Crypto News Today How Will Shiba Inu’s Partnership with Chainlink Impact Its Ecosystem?
 
Shiba Inu’s Shibarium now integrates Chainlink’s Cross-Chain Interoperability Protocol (CCIP). SHIB, LEASH, and BONE tokens can seamlessly operate across 12 blockchains. Shiba Inu’s Layer-2 blockchain, Shibarium, has teamed up with Chainlink to enhance its decentralized ecosystem with cross-chain interoperability. According to the Dec 20th announcement, this collaboration brings Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to Shiba Inu, enabling its tokens—SHIB, LEASH, and BONE—to operate seamlessly across 12 different blockchains. Further, by adopting Chainlink’s Cross-Chain Token (CCT) standard, Shiba Inu can now offer easier token transfers between networks. The integration will also allow Shiba Inu’s decentralized finance (DeFi) developers to build more interoperable projects, using Chainlink’s data streams to improve transparency and decentralization. This partnership marks a major shift for Shiba Inu, turning it from a meme coin into a more utility-focused platform with a fully diluted valuation (FDV) of about $11.80 billion. As of now, the Shibarium network has a total value locked (TVL) of around $3.18 million from several DeFi protocols, mainly decentralized exchanges like ShibaSwap. Shiba Inu Sees Price Declines Amid Crypto Market Slump Despite the exciting integration, the price of SHIB has dropped by 23.45%, from the high of $0.00002445 to the intraday low of $0.00001871. However, the daily trading volume of SHIB remains stable above 40% having $2 billion. Still, the increased trading volume with a price decrease typically signals higher selling pressure or profit-taking in the market. Meanwhile, Chainlink’s LINK token has also seen a significant decline of over 20%. The current market trends, influenced by Bitcoin’s price dip to the $92K zone, are likely causing some consolidation in the overall crypto market.
 
The memecoin holders have faced a devastating situation since the start of December, as two market crashes have led to massive liquidations and capital continues to rotate into utility tokens this cycle. Shiba Inu (SHIB) is a prominent memecoin that has faced a monumental decline after the Fed rate cut announcement on December 18. While the memecoins continue to decline with Shiba Inu (SHIB) leading them, a major utility token steals the spotlight for similar gains as the memes with its ground-breaking innovations and cutting-edge features. Due to its long-term growth prospects, DTX Exchange emerges as the best alternative for SHIB during this bearish wave. Shiba Inu (SHIB) Drops 6.1% After $200M Outflows In 24 Hours Shiba Inu faced a sharp decline in the last 24 hours as a whale offloaded 250 billion tokens, worth approximately $6.05 million, sparking a notable sell-off. More liquidations have summed up to $200 million in outflows after the panic sparked high selling from the SHIB memecoin due to the Fed rate cut announcement. This move signals a bearish trend for the Shiba Inu memecoin after it displayed an exceptional performance after Trump’s election victory, showcasing a triple-digit rally within weeks. The 6.1% drop in a day with low trading activity highlights a bumpy path for SHIB as traders shift capital to utility tokens this cycle. Source: CoinMarketCap Despite ongoing token burns, SHIB’s latest price move sparks panic among holders. According to Shibburn.com, 17 million SHIB tokens were burned in the past three days. This double-edged blow, massive sell-offs, and minimal impact from burns have left Shiba Inu struggling with significant losses and analysts predict a $0.0000230 retest if bearish pressures increase. DTX Exchange (DTX) Peaks Demands With Its Utility Tokenomics DTX Exchange (DTX) makes waves with a stellar presale performance, surpassing the $10.4M mark, as it gears up for a revolutionary mainnet launch. Positioned to redefine trading, the platform grants users access to 120,000+ assets across multiple financial markets, including stocks, cryptocurrencies, bonds, commodities, and CFDs, ensuring an end-to-end trading experience and maximum profits. What truly sets DTX apart are its game-changing features, such as a groundbreaking 1000x leverage for traders and a lucrative 3% VIP Rebate Program designed to reward active users. Built on the high-speed hybrid VulcanX L1 chain, DTX ensures blazing-fast transaction speeds of 10,000 TPS, delivering unmatched efficiency for seamless high-stakes trading. Adding to its momentum, DTX Exchange recently launched the non-custodial Phoenix Wallet, available on Apple and Android platforms. With a mainnet launch and exchange listing scheduled for 2025, the DTX token, currently priced at $0.12, is forecasted to soar past $1—offering early adopters a remarkable 1,000% potential return on investment. Why DTX Exchange Could Be a ‘Life-Changing’ Crypto In 2025 The dropping memecoin prices, especially Shiba Inu (SHIB) have sparked a major shift in holders’ sentiment for this bullish cycle. Despite the SHIB ecosystem taking steps to improve its utility with Shibarium, the next bullish cycle could favor utility tokens due to more market confidence in their trajectories under Trump’s governance. DTX’s bullish trajectory and unique tokenomics make it an attractive choice for profit-driven traders. As DTX gears up for its anticipated mainnet launch in 2025, it aims to outpace traditional trading platforms with its technological prowess. By joining the DTX revolution early, investors can tap into its massive growth potential, securing long-term success over speculative assets like Shiba Inu. Learn more: Buy Presale Visit DTX Website Join The DTX Community Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend 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 press release.
 
The Bitcoin price has dropped below the $100,000 psychological level and is now holding between the $96,000 and $98,000 range. Crypto analyst Ali Martinez provided insights into why Bitcoin could be holding well within this range. Why The Bitcoin Price Is Holding Steady Between $96,000 And $98,000 In an X post, Ali Martinez noted that one of the most important support levels for the Bitcoin price is between $98,830 and $95,830, where 1.09 wallets bought over 1.16 million BTC. This explains why Bitcoin is holding steady between $96,000 and $98,000 as investors who bought between this level continue to provide huge support for the flagship crypto. As Martinez suggested, it is important for these holders to continue to hold steady as a wave of sell-offs could send the Bitcoin price tumbling even below $90,000. The flagship crypto dropped below $100,000 following the Federal Reserve Jerome Powell’s recent speech, in which he hinted at a hawkish stance from the US Central Bank. This sparked a massive wave of sell-offs, as a Hawkish Fed paints a bearish picture for risk assets like Bitcoin. However, despite the Bitcoin price drop below, most Bitcoin holders remain in profit, which is a positive for the flagship crypto. IntoTheBlock data shows that 86% of Bitcoin holders are in the money, 4% are out of the money, and 9% are at the money. These Bitcoin holders still seem bullish on the leading crypto as they continue to accumulate more BTC. In an X post, Ali Martinez stated that so far in December, 74,052 BTC have been withdrawn from exchanges, and this trend doesn’t seem to be slowing down. Traders Anticipate A Bullish Reversal Ali Martinez suggested that crypto traders anticipate a bullish reversal for the Bitcoin price from its current level. This came as he revealed that traders on Binance nailed the top, with 62.17% shorting Bitcoin while it was trading at $108,000. Now, Martinez stated that sentiment has flipped, with 55.44% of these trading now longing dips below $96,000. Meanwhile, it is crucial for the Bitcoin price to hold this $96,000, as Martinez warned that if BTC loses this support, it could drop below $90,000. The analyst stated that based on the Fibonacci level, if Bitcoin loses $96,000, the next point of focus becomes $90,000 and $85,000. Meanwhile, from a bullish perspective, crypto analyst Justin Bennett suggested that the $110,000 target is still in focus for the Bitcoin price. At the time of writing, the Bitcoin price is trading at around $97,000, down over 3% in the last 24 hours, according to data from CoinMarketCap.
 
With audacious price objectives of $6.50, $13, and $18 set for its next bullish cycle, ripple (XRP) has drawn traders’ attention. Although Ripple is a top cryptocurrency for cross-border payments, experts think an upcoming competitor, Rexas Finance (RXS), now priced at $0.15, could surpass XRP and reach these benchmarks sooner. Using creative technology, community involvement, and a successful presale performance, Rexas Finance has become a notable participant in the crypto scene. Pricing at $0.15, RXS has now raised over $28.5 million in Stage 10 of its presale. This success emphasizes great investor confidence and establishes RXS as a main rival of well-known cryptocurrencies like XRP. Ripple’s Targets: Ambitious but Challenged by Rivals After its partial triumph over the SEC, Ripple’s legal clarity has inspired hope among investors, which has resulted in forecasts of substantial price swings. With $13 and $18 as long-term goals, traders initially consider $6.50 Ripple’s main aim. Although these benchmarks are reachable, Ripple is under more competition from newly developed initiatives with fast-expanding ecosystems like Rexas Finance. Ripple’s main application in enabling cross-border payments is substantial. However, new companies providing advanced usefulness and notable early-stage returns could overwhelm its momentum. Among such rivals with exponential development potential is Rexas Finance. Rexas Finance (RXS): Outperforming Expectations in Presale The fast expansion of Rexas Finance is not only a result of excellent presale numbers and marketing. Its main asset is the project’s advanced decentralized financing (DeFi) ecology. Rexas Finance is exploring several industries, including real estate tokenization, staking, and decentralized lending, unlike Ripple, which specializes in cross-border payments. This multifarious strategy helps Rexas Finance serve a larger audience, diversifying its use and raising its acceptance. Rexas Finance has positioned itself as a strong participant in the crypto industry by concentrating on practical uses. Rexas Finance’s Stage 10 presale has been outstanding. The effort sold over 349.2 million RXS tokens and raised approximately $28.5 million. With these exceptional numbers, Rexas Finance has confirmed its place as a rising star in the crypto market. Furthermore, Rexas Finance’s listings on CoinMarketCap and CoinGecko are added to its legitimacy, two of the most reliable crypto sites for market statistics and price tracking. Moreover, CertiK, one of the top blockchain security companies in the sector, has thoroughly inspected the project to guarantee the dependability and openness of the platform. With its technological innovations and ongoing $1 million giveaway, Rexas Finance has drawn the interest of crypto aficionados. Twenty lucky raffle attendees are expected to receive $50,000 worth of RXS tokens apiece. This project shows Rexas Finance’s dedication to community involvement, strengthening loyalty among its investors, and increasing its user base. The presale increases demand for RXS tokens as potential investors try to seize this extraordinary chance, and the considerable giveaway drives. Although Ripple’s aims of $6.50, $13, and $18 sound high, Rexas Finance has several advantages that might enable it to reach those levels early. With a cheap entry point of $0.15, RXS appeals especially to retail traders seeking notable expansion prospects. As a developing coin, Rexas Finance has exponential potential akin to early-stage success like Solana and Binance Coin. Initiatives of the project, such as the $1 million giveaway program, are significant in creating a strong, devoted community—which is necessary for long-term survival. Moreover, Rexas Finance offers more general value than Ripple by stressing decentralized finance (DeFi) and real estate tokenization, thereby drawing a varied and growing investor base. These elements help Rexas Finance to be a leader in reaching and maybe exceeding the price targets of Ripple. Conclusion Although traders have been enthralled with Ripple’s aggressive price forecasts of $6.50, $13, and $18, Rexas Finance is rapidly becoming a deserving challenger. Rexas Finance is ready to exceed expectations and outperform Ripple in the following months with a presale price of $0.15, over $28.5 million raised, and a strong community-driven strategy. Projects like Rexas Finance show the value of the invention, community involvement, and utility as the crypto market changes. Rexas Finance presents a compelling case for investors seeking high-growth prospects, as it is a token to monitor closely going forward and into 2025. For more information about Rexas Finance (RXS) visit the links below: Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance 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. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.
 
Spon On Chain reported another 722 ETH purchase by Trump’s project World Liberty Financial (WLFI). WLFI currently holds a significant 15,595 ETH, including 5 other tweets. After being elected as the president of the US, Donald Trump made several important announcements related to the industry. He even promised to make the US a world leader in the crypto industry development and adoption. On similar lines, Trump started the World Liberty Financial crypto project to offer DeFi services to crypto users. World Liberty Financial started accumulating some of the prominent cryptocurrencies in November 2024. It accumulated large volumes of LINK, AAVE, ETH, ENA, ONDO, and cbBTC, spending over $45 million until last week. Under the current downward market conditions, the WLFI continued its purchasing spree. World Liberty Financial Purchased Another 722 ETH As per on-chain analytics platform, Spot On Chain, World Liberty Financial spent $2.5 million USDT today to buy Ethereum. Since the crypto industry is recording price drops for the past couple of days, ETH price also decreased by a significant 15% today. One ETH is currently priced at $3,127, dropping considerably from its recent high of around $4,000. The WLFI took this opportunity to buy more than 722 ETH tokens. Overall, WLFI spent $47.5 million to purchase ETH, WBTC, LINK, AAVE, ONDO, and ENA. Out of the total spendings, WLFI used $32.5 million to purchase over 8,800 Ether tokens at $3,682 per token. Based on the Spot On Chain findings, the Trump family’s crypto project now holds around 15,595 ETH as of today. Yesterday, World Liberty Financial announced a partnership with Ethena Labs and spent 250K USDC to buy 231,726 ENA tokens. The DeFi project is also integrating Chainlink and Aave into its ecosystem to enhance the quality of DeFi services and to bring them closer to a larger audience. Overall, World Liberty Financial not only aims to capitalize on the coming bull run but also market its dominance in the crypto industry. Highlighted Crypto News Today: Can Users Expect WazirX to Resume Withdrawals by April 2025?
 
Vivek Ramaswamy’s X account was hacked, posting a fake DOGE-USUAL collaboration. The false news led to a 35% surge in USUAL stablecoin’s price, reaching $1.60. Vivek Ramaswamy, co-leader of the U.S. Department of Government Efficiency (DOGE), had his X account hacked today. The incident confused and triggered a surge in the price of the USUAL stablecoin. The account posted a false claim about a partnership between DOGE and USUAL. The now-deleted post announced a strategic collaboration to reduce the federal fiscal deficit. It stated that DOGE would work with USUAL, a fiat-backed stablecoin, to promote financial inclusion. However, the message was quickly identified as a scam. James Fishback, founder of Azoria, confirmed the hack. Fishback tweeted, The Hack Triggers USUAL Token Surge The fake announcement had a significant market impact. USUAL’s price surged over 30%, reaching $1.57 before stabilizing. The stablecoin’s market capitalization grew by 37% to $722.06 million. Its 24-hour trading volume hit $1.59 billion but later dropped by 11%. The sudden price movement raised concerns about market manipulation. The U.S. Department of Government Efficiency, led by Ramaswamy and Elon Musk, aims to streamline federal processes. The department has not officially announced plans to integrate cryptocurrencies. Speculation around DOGE’s name has fueled crypto-related rumors. Musk’s known interest in Dogecoin adds to the speculation. Cybersecurity experts are investigating the breach. The incident highlights the risks of hacking high-profile accounts. Ramaswamy’s team is working to enhance account security. There has been no official statement from Ramaswamy or DOGE about the hack. This event also underscores vulnerabilities in social media platforms. Scams involving hacked accounts have become common. Hackers often use fake posts to manipulate crypto markets. The incident with Ramaswamy’s account is the latest example. USUAL, launched four months ago, is now the seventh-largest stablecoin. Despite the controversy, it has reached a $1 billion market cap. The stablecoin’s rise reflects growing interest in fiat-backed digital assets. However, today’s events show the potential risks of market misinformation. Highlighted Crypto News Today Cryptopia Exchange Commences Fund Recovery for Hack Victims
 
Bitcoin’s price retracement from its new all-time high of $108,353 on Tuesday to around $96,000 (a -11.5% pullback) has ignited intense speculation about whether the current bull cycle is nearing its peak. To address growing uncertainty, Rafael Schultze-Kraft, co-founder of on-chain analytics provider Glassnode, released a thread on X detailing 18 on-chain metrics and models. “Where is the Bitcoin TOP?” Schultze-Kraft asked, before laying out his detailed analysis. Has Bitcoin Reached Its Cycle Top? 1/ MVRV Ratio: A longstanding measure of unrealized profitability, the MVRV ratio compares market value to realized value. Historically, readings above 7 signaled overheated conditions. “Currently hovering around 3 – room to grow,” Schultze-Kraft noted. This suggests that, in terms of aggregate unrealized profit, the market is not yet at levels that have previously coincided with macro tops. 2/ MVRV Pricing Bands: These bands are derived from the number of days MVRV has spent at extreme levels. The top band (3.2) has been exceeded for only about 6% of trading days historically. Today, this top band corresponds to a price of $127,000. Given that Bitcoin sits at around $98,000, the market has not yet reached a zone that historically marked top formations. 3/ Long-Term Holder Profitability (Relative Unrealized Profit & LTH-NUPL): Long-term holders (LTHs) are considered more stable market participants. Their Net Unrealized Profit/Loss (NUPL) metric is currently at 0.75, entering what Schultze-Kraft terms the “euphoria zone.” He remarked that in the 2021 cycle, Bitcoin ran another ~3x after hitting similar levels (though he clarified he is not necessarily expecting a repetition). Historical top formations often saw LTH-NUPL readings above 0.9. Thus, while the metric is elevated, it has not yet reached previous cycle extremes. Notably, Schultze-Kraft admitted his observations may be conservative because the 2021 cycle peaked at somewhat lower profitability values than prior cycles. “I would’ve expected these profitability metrics to reach slightly higher levels,” he explained. This may signal diminishing peaks over successive cycles. Investors should be aware that historical extremes may become less pronounced over time. 4/ Yearly Realized Profit/Loss Ratio: This metric measures the total realized profits relative to realized losses over the past year. Previous cycle tops have seen values above 700%. Currently at around 580%, it still shows “room to grow” before reaching levels historically associated with market tops. 5/ Market Cap To Thermocap Ratio: An early on-chain metric, it compares Bitcoin’s total market capitalization to the cumulative mining cost (Thermocap). In prior bull runs, the ratio’s extremes aligned with market tops. Schultze-Kraft advises caution with specific target ranges but notes that current levels are not close to previous extremes. The market remains below historical thermocap multiples that indicated overheated conditions in the past. 6/ Thermocap Multiples (32-64x): Historically, Bitcoin has topped at roughly 32-64 times the Thermocap. “We’re at the bottom of this range,” said Schultze-Kraft. Hitting the top band in today’s environment would imply a Bitcoin market cap just above $4 trillion. Given that current market capitalization ($1.924 trillion) is significantly lower, this suggests the possibility of substantial upside if historical patterns were to hold. 7/ The Investor Tool (2-Year SMA x5): The Investor Tool applies a 2-year Simple Moving Average (SMA) of price and a 5x multiple of that SMA to signal potential top zones. “Which currently denotes $230,000,” Schultze-Kraft noted. Since Bitcoin’s current price is well beneath this level, the indicator has not yet flashed an unequivocal top signal. 8/ Bitcoin Price Temperature (BPT6): This model uses deviations from a 4-year moving average to capture cyclical price extremes. Historically, BPT6 was reached in previous bull markets, and that band now sits at $151,000. With Bitcoin at $98,000, the market is still short of levels previously associated with peak overheating. 9/ The True Market Mean & AVIV: The True Market Mean is an alternative cost basis model. Its MVRV-equivalent, known as AVIV, measures how far the market strays from this mean. Historically, tops have seen more than 3 standard deviations. Today’s equivalent “amounts to values above ~2.3,” while the current reading is 1.7. “Room to grow,” Schultze-Kraft said, implying that by this metric, the market is not yet stretched to its historical extremes. 10/ Low/Mid/Top Cap Models (Delta Cap Derivatives): These models, based on the Delta Cap metric, historically showed diminished values during the 2021 cycle, never reaching the ‘Top Cap.’ Schultze-Kraft urges caution in interpreting these due to evolving market structures. Currently, the mid cap level sits at about $4 trillion, roughly a 2x from current levels. If the market followed previous patterns, this would allow for considerable growth before hitting levels characteristic of earlier tops. 11/ Value Days Destroyed Multiple (VDDM): This metric gauges the spending behavior of long-held coins relative to the annual average. Historically, extreme values above 2.9 indicated that older coins were heavily hitting the market, often during late-stage bull markets. Presently, it’s at 2.2, not yet at extreme levels. “Room to grow,” Schultze-Kraft noted, suggesting not all long-term holders have fully capitulated to profit-taking. 12/ The Mayer Multiple: The Mayer Multiple compares price to the 200-day SMA. Overbought conditions in previous cycles aligned with values above 2.4. Currently, a Mayer Multiple above 2.4 would correspond to a price of approximately $167,000. With Bitcoin under $100,000, this threshold remains distant. 13/ The Cycle Extremes Oscillator Chart: This composite uses multiple binary indicators (MVRV, aSOPR, Puell Multiple, Reserve Risk) to signal cycle extremes. “Currently 2/4 are on,” meaning only half of the tracked conditions for an overheated market are met. Previous tops aligned with a full suite of triggered signals. As such, the chart suggests the cycle has not yet reached the intensity of a full-blown peak. 14/ Pi Cycle Top Indicator: A price-based signal that has historically identified cycle peaks by comparing the short-term and long-term moving averages. “Currently the short moving average sits well below the larger ($74k vs. $129k),” Schultze-Kraft said, indicating no crossover and thus no classic top signal. 15/ Sell-Side Risk Ratio (LTH Version): This ratio compares total realized profits and losses to the realized market capitalization. High values correlate with volatile, late-stage bull markets. “The interesting zone is at 0.8% and above, while we’re currently at 0.46% – room to grow,” Schultze-Kraft explained. This implies that, despite recent profit-taking, the market has not yet entered the intense sell pressure zone often seen near tops. 16/ LTH Inflation Rate: Schultze-Kraft highlighted the Long-Term Holder Inflation Rate as “the most bearish chart I’ve come across so far.” While he did not provide specific target values or thresholds in this excerpt, he stated it “screams caution.” Investors should monitor this closely as it may signal increasing distribution from long-term holders or other structural headwinds. 17/ STH-SOPR (Short-Term Holder Spent Output Profit Ratio): This metric measures the profit-taking behavior of short-term holders. “Currently elevated, but not sustained,” Schultze-Kraft noted. In other words, while short-term participants are taking profits, the data does not yet show the kind of persistent, aggressive profit-taking typical of a market top. 18/ SLRV Ribbons: These ribbons track trends in short- and long-term realized value. Historically, when both moving averages top out and cross over, it indicates a market turning point. “Both moving averages still trending up, only becomes bearish at rounded tops and crossover. No indication of a top at this time,” Schultze-Kraft stated. Overall, Schultze-Kraft emphasized that these metrics should not be used in isolation. “Never rely on single data points – confluence is your friend,” he advised. He acknowledged that this is a non-comprehensive list and that Bitcoin’s evolving ecosystem—now with ETFs, regulatory clarity, institutional adoption, and geopolitical factors—may render historical comparisons less reliable. “This cycle can look vastly different, yet (historical) data is all we have,” he concluded. While numerous metrics show that Bitcoin’s market is moving into more euphoric and profitable territory, few have reached the historical extremes that marked previous cycle tops. Indicators like MVRV, profitability ratios, thermal metrics, and various price-based models generally suggest “room to grow,” although at least one—LTH Inflation Rate—raises a note of caution. Some composites are only partially triggered, while classic top signals such as Pi Cycle Top remain inactive. At press time, BTC traded at $96,037.
 
Cryptopia has repaid 10K verified account holders with NZD 400 million in cryptocurrency. A top-up distribution plan allows users to recover up to 100% of their holdings from unclaimed assets. The New Zealand-based cryptocurrency exchange, Cryptopia, has initiated the reimbursing process after years of liquidation proceedings. The liquidating firm of the exchange, Grant Thornton, has begun the distribution of recovered assets to verified account holders. In the initial phase, more than 10K users have received approximately NZD 400 million ($224.9 million) in cryptocurrencies, including Bitcoin and Dogecoin. The liquidators went through a cautious process to rebuild the exchange’s database and verify the transaction records for nearly 960,000 users. The liquidators conducted a comprehensive verification to ensure the accurate and fair distribution of assets. Additionally, the account holders were advised to register their claims through the official portal to participate in the repayment process. Future Distributions and Unclaimed Assets Grant Thornton plans to distribute additional funds next year. Moreover, there is a provision for a “top-up” distribution, which aims to use the unclaimed assets from the account holders who have not registered their claims by the specified cut-off dates. This plan potentially allows the verified users to recover up to 100% of their holdings. The liquidators encourage account holders to quickly complete the verification process to qualify for future distributions. Grant Thornton stated, The Hack and Liquidation Cryptopia encountered a security breach in January 2019, resulting in the theft of around $15.5 million worth of crypto assets. The exchange was forced to halt its operations following the incident, and in May 2019, Cryptopia was put into liquidation. On the other hand, Cryptopia faced another hack in 2021, during the liquidation process. A former employee has accessed a wallet linked to the exchange illegally and stole an additional $170,000 worth of cryptocurrencies. Later, the individual was arrested and brought into legal light for the theft. Highlighted Crypto News Can Ethereum (ETH) Recover or Is a Bigger Drop Looming?
 
Sui Network, the layer-1 blockchain, has gained interest in the cryptocurrency space due to its excellent performance and speed. Since its launch in May 2023, Sui quickly positioned itself as a huge player in the blockchain platform sphere, especially in real-time applications such as gaming and DeFi. SUI: Surge In Popularity The expanding user base and market performance of SUI reflect a rise in interest. Lately, the price of the altcoin attained an unprecedented peak of nearly $5. Analysts predict that the coin may see further appreciation, potentially attaining $5.10, or even $6, by year-end. Sui’s unique design lets it handle up to 300,000 transactions per second, making it faster than blockchains that process transactions one by one. This speed appeals to both users and developers. Several elements also contribute to this impressive feat, among them the introduction of new features like cross-chain USDC transfer protocols that improve the liquidity and use of the platform. Currеntly trаding аt $3.80, SUI is supportеd by robust dеvеlopmеnts thаt could push the altcoin’s pricе еvеn highеr. Analysts’ Favorable Forecasts Leading experts have given Sui (SUI) positive predictions for the future, which shows that they have a strong belief in its potential. “JoshuaOrhue.sui” said on December 15 that “$SUI will attain $15 by the first quarter of 2025.” According to this forecast, market analysts are growing more sure of Sui’s potentials. “‘SUI is an altcoin I believe has the potential to surpass many others: $25+ is quite attainable,” another analyst, Greny, stated. These forecasts reveal that people’s optimism on the expansion possibilities of the token is rising. Impressive Growth Analysts predict that the token could hit $25 by the end of the year. This remarkable growth is attributed to several factors, including the launch of new features like cross-chain USDC transfer protocols that enhance liquidity and usability on the platform. With these developments, Sui is becoming increasingly appealing to both retail investors and crypto whales looking for undervalued assets. This update raises ecosystem value. The coin’s future seems bright given improved technology and an increasing user base. Analysts think constant transaction activity might raise the value of the cryptocurrency. Consequently, the blockchain project has become rather important since it encourages consumer acceptance and innovation by means of pushing technologies. Investors are closely keeping an eye on this altcoin, and the forecasts of analysts such as Joshua Orhue and Greny provide the market a clear insight of the growth of SUI. Though it remains to be seen whether these forecasts come true, Sui keeps attracting interest now as it aims to outperform its rivals in the cutthroat blockchain market. Featured image from ChainWire, chart from TradingView
 
Solana’s meteoric rise in 2021, delivering a staggering 12,000% return, remains one of the crypto market’s most iconic success stories. However, as the industry matures and competition intensifies, replicating such a feat is becoming increasingly unlikely for established tokens like Solana (SOL). Meanwhile, a newcomer, Lightchain AI (LCAI), priced at just $0.003 during its presale, is being touted as the next token capable of generating Solana-level gains—or even surpassing them. Let’s explore why analysts believe Lightchain AI can match Solana’s legendary rally with surprising ease. Why Solana Can’t Relive Its 12,000% Glory Solana got a lot of notice by giving very quick deal speeds and cheap costs, coming up at the right time with the growth of DeFi and NFTs. Its early low worth gave big returns for first investors. But Solana now sees some troubles, Market crowding has brought many layer-1 chains fighting for builders and money, making it hard for Solana to keep its lead. Also, worries about decentralization like random network breaks and doubts about validator spread have lowered its charm. Also, with͏ SOL now having a big market size, another huge jump like its past 12,000% rise would need lots of money coming in, which is not so likely in today’s tough and grown-up market. These obstacles make another Solana-type boom seem not so probable, pushing investors to look at new, low-cost projects with cool usefulness—like Lightchain AI. Lightchain AI Positioned for Exponential Gains Lightchain AI (LCAI) reimagines what a blockchain project can offer by integrating artificial intelligence directly into its core architecture. Priced at $0.003, LCAI is a ground-floor investment opportunity that combines AI and blockchain technology to enable developers to build AI-powered decentralized applications (dApps). This innovative focus gives LCAI a unique advantage in a landscape hungry for real-world utility. Key Features of Lightchain AI Include Transparent AI Framework This framework ensures that all AI decision-making processes within the platform are open and auditable, fostering trust among users and developers. Decentralized Governance Integration Lightchain AI combines decentralized governance with AI, enabling smarter, community-driven decision-making. Scalability and Efficiency The platform’s architecture is designed for high scalability, allowing it to handle a large number of transactions and AI computations efficiently, making it suitable for various industries. Privacy and Security Lightchain AI emphasizes data privacy and security, ensuring that AI computations and data handling comply with stringent privacy standards, which is crucial for sectors like healthcare and finance. Community Engagement By fostering a collaborative environment, Lightchain AI encourages contributions from a global developer community, promoting continuous evolution and improvement of its AI capabilities. Why LCAI Could Match Solana’s 12,000% Rally Lightchain AI (LCAI) is gaining significant attention in the cryptocurrency market due to its innovative integration of artificial intelligence with blockchain technology. Beyond the factors you’ve mentioned, here are additional insights contributing to LCAI’s potential for substantial growth. Innovative Consensus Mechanism LCAI introduces the Proof of Intelligence (PoI) consensus mechanism, which rewards nodes for performing AI computations like model training and optimization. This approach enhances network security and efficiency, setting LCAI apart from traditional blockchain platforms. Artificial Intelligence Virtual Machine (AIVM) The platform features an Artificial Intelligence Virtual Machine (AIVM), a specialized computational layer designed to handle AI tasks securely and in real-time. This capability enables practical applications across various industries, including healthcare, finance, and supply chain management. Sustainable Tokenomics LCAI’s tokenomics are designed to ensure sustainability and equitable distribution. The total supply of LCAI tokens is capped at 10 billion, with allocations for presale (40%), staking rewards (28.5%), liquidity pools (15%), marketing and partnerships (5%), treasury (6.5%), and the team (5%). This structure supports long-term value for ecosystem participants. Analyst Projections Analysts predict significant growth for LCAI, with some forecasts suggesting a potential 20-fold increase in value. Early investors have the opportunity to benefit from potential price increases as the project grows. Presale Momentum LCAI’s presale has garnered substantial interest, with tokens priced at $0.003. This early-stage performance reflects strong investor confidence in the project’s vision and technology. Roadmap and Future Developments LCAI has outlined a comprehensive roadmap, including milestones such as the testnet launch in January 2025 and the mainnet activation in March 2025. These developments are expected to drive further adoption and integration across various sectors. These factors, combined with the growing demand for AI-driven blockchain solutions, position LCAI as a promising contender in the cryptocurrency market, with the potential to achieve substantial returns for early investors. Shifting Sentiment From Hype to Utility While Solana capitalized on a unique moment in crypto history, modern investors demand more than just speed and low fees. Lightchain AI caters to this new mindset by offering meaningful solutions that enhance blockchain’s real-world relevance. With LCAI, investors are buying into a vision that extends far beyond speculative trading—one that aims to transform entire industries through AI integration. This shift from hype-driven to utility-driven investments is key. It positions LCAI not just to deliver explosive returns, but to maintain them as its technology matures. So join their presale to become the new millioner. Don’t miss out on an opportunity to get in on the ground floor of a project with the potential for exponential gains. Invest in Lightchain AI today and secure your share of the future of AI-powered blockchain applications. https://lightchain.ai https://lightchain.ai/lightchain-whitepaper.pdf https://x.com/LightchainAI https://t.me/LightchainProtocol 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. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.
 
Gate.io announces its role as the Title Sponsor of the Token of Love Hong Kong Music Festival, a groundbreaking global celebration of music and Web3 innovation. Scheduled for February 19, 2025, during the same week as CoinDesk’s Consensus Hong Kong 2025, where Gate.io is also a sponsor, this highly anticipated event marks the grand debut of the Token of Love festival series, uniting love, music, and technology in an electrifying, world-class experience. As anticipation builds for this monumental event, further details will be revealed in the lead-up to the festival. The Grand Debut of a Global Festival Series As the opening chapter of the Token of Love series, this music festival sets the tone for a visionary global movement that transcends regions, industries, and cultures. Featuring the world’s top DJs, renowned American and British bands, and popular Japanese and Korean groups, the event will bring together over 80 media and brand partners and 5,000 participants for a night of unparalleled energy and connection. Attendees will be immersed in cutting-edge music technology, creative performances, and interactive experiences, celebrating the boundless possibilities of collaboration between music, art, and Web3. A Call to Unite The Token of Love Music Festival is more than a celebration of music—it’s a powerful convergence of love, creativity, and community. By hosting the world’s most innovative artists and leaders, it creates a space where passion for music meets the future of Web3. Web3 brands are invited to amplify their presence and elevate the festival through sponsorship opportunities across four tiers: Diamond, Platinum, Gold, and Silver. Sponsors can unlock exclusive benefits, including booth space on the festival floor, media interviews, Consensus panel participation, extensive social media exposure, and prominent branding imagery throughout the event, providing unparalleled visibility and engagement. For more information on event sponsorship benefits, please refer to here Gate.io‘s Role in Bridging Web3 and Music Culture Gate.io proudly supports the Token of Love series’ mission to unite communities and brands through shared creativity and innovation. The festival reflects Gate.io’s commitment to advancing Web3 adoption by bridging the digital and physical worlds in meaningful, human-centred ways. Media Contact: Elaine Wang at [email protected] Disclaimer: This event is for entertainment and networking purposes only. The content herein does not constitute any offer, solicitation, or recommendation. Gate.io does not promote or provide products or services in Hong Kong or other Restricted Locations. Please note that Gate.io may restrict or prohibit the use of all or a portion of the Services from Restricted Locations. For more information, please read the User Agreement via https://www.gate.io/zh/user-agreement. Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend 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 press release.
 
Since Donald Trump’s election victory on November 5, Bitcoin (BTC) has experienced a substantial rally, reaching record highs above $108,000. However, this momentum has recently faltered, with the cryptocurrency dropping below the critical $100,000 mark, This has prompted analysts to speculate on a potential deeper correction with some experts believing Bitcoin could dip to levels around $85,000 or even $75,000 before resuming its upward trajectory. Is It A Temporary Setback Or The Calm Before A Final Surge? Analyst Morecryptoonl highlights that the current market dynamics suggest a substantial likelihood of Bitcoin moving toward $85,000. This projection stems from the observation that the recent wave of price action lacked the strength typically seen in bullish trends, failing to reach key extension levels. The “overlapping and corrective nature” of the rally highlighted by the analyst further supports the idea that a significant pullback may be imminent. Should this scenario unfold, it could represent the last major correction of the current bull market, setting the stage for a final surge in prices. Technical analyst Rekt Capital offers a contrasting perspective, asserting that the perception of Bitcoin at $75,000 as a favorable entry point is relative to its current price of approximately $97,000. Rekt Capital further suggests that what seems like a bargain now may not have appeared as attractive when Bitcoin was previously at that level. Despite the bearish sentiment from some experts, others see the recent price correction as a significant buying opportunity. Analyst VirtualBacon argues that the market’s reaction to Bitcoin’s drop from $108,000 to $96,000 has been “exaggerated.” Is Bitcoin Preparing For New Record Highs? VirtualBacon asserts that this decline is not indicative of a market collapse but rather a healthy consolidation phase within an ongoing bull market. Historical data supports this view, as corrections of this nature often precede new highs. Key support levels, such as the weekly 21 exponential moving average (EMA) around $79,000 and the daily 200 EMA near $73,000, remain intact, suggesting that even a brief dip to these levels would not destabilize the overall bullish structure. The underlying economic conditions also play a crucial role in shaping Bitcoin’s future, according to VirtualBacon. The recent Federal Reserve (Fed) actions, including a modest rate cut and a cautious approach to monetary policy, suggest a stable economic environment. While the Fed continues its policy of quantitative tightening (QT), the expectation is that this will not persist indefinitely. The rising US debt crisis is likely to necessitate a return to quantitative easing (QE), which has historically fueled bullish trends in crypto markets. In summary, the recent dip in Bitcoin’s price is viewed by many as a temporary setback rather than the end of the bull market. As long as Bitcoin maintains its position above critical support levels, the bullish trend remains intact. At the time of writing, BTC is trading at $97,720, down 3% for the 24-hour period and over 2% for the week. Featured image from DALL-E, chart from TradingView.com
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