Vip Shakya

Crypto Daybook Americas: Memecoins Surge on Tron as Bitcoin Eyes FOMC Decision

The crypto infrastructure provider processed $8 billion in transactions in a month, CEO Bentzi Rabi told CoinDesk in an interview.

Utila, a digital asset operations platform, has raised $18 million in a Series A funding round to scale its multi-party computation (MPC) wallet service, driven by growing institutional demand for digital asset and stablecoin management.

The platform is seeing a surge in demand as payment providers, fintech firms, and neobanks increasingly integrate stablecoins and tokenized assets into their operations, CEO Bentzi Rabi told CoinDesk.

The new funding will support global expansion and product enhancements, including advanced gas management, API integrations, and smart contract support.

#MarketRebound $BTC $ETH

Happy Ramadan 🥰

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Will $BTC continue to surge?

Will the $TRUMP Coin hit bottom again?

El Salvador's President shares the country's #bitcoin☀️ success; Elon Musk responds with a 'one-word' reaction.

El Salvador's President Nayib Bukele announced that the nation's Bitcoin holdings have surpassed $600 million in value. In a post on X (formerly Twitter), Bukele shared a screenshot showcasing the remarkable growth of the country's Bitcoin portfolio, coinciding with the cryptocurrency reaching the $100,000 mark for the first time.

El Salvador initially invested approximately $269.7 million in Bitcoin and now holds a portfolio valued at around $603 million, resulting in an unrealized profit exceeding $333 million. With nearly 6,000 Bitcoin in its reserves, as reported by Arkham Intelligence, the nation continues to see significant returns. Tesla and SpaceX CEO Elon Musk, known for his support of cryptocurrencies, responded to President Nayib Bukele’s updates with a single word: “Impressive.”

#newstable #ElSalvadors #president #BNBToken

Poland arrests former CEO of Russian crypto exchange WEX for potential extradition to the United States

The former crypto executive was previously detained in Poland in 2021 on related charges but was released after 40 days.

Polish authorities have reportedly detained the former head of the Russia-based crypto exchange WEX in central Warsaw following an extradition request from the United States Department of Justice.

Identified only as Dmitry V. under local laws, the individual is accused of fraud and money laundering during his tenure at WEX, the successor to $BTC -e, which was once Russia’s largest crypto exchange before its collapse in 2018, according to reports from Reuters and Polish outlet Rzeczpospolita on Dec. 6.

“The man is in custody awaiting the completion of the extradition process,” a Polish police spokesperson told Reuters, noting that extradition to the U.S. could expose Dmitry V. to charges carrying a maximum 20-year prison sentence.

Dmitry V., a Russian national, had previously been arrested in Poland in August 2021 but was released after spending 40 days in custody due to a court decision. In the summer of 2022, he was detained at Croatia’s Zagreb Airport by Interpol following an extradition request from Kazakhstan. Similarly, in 2019, he was arrested by Italian authorities but released shortly after, when errors in the extradition request came to light.

#newstable #BNB_Free #BTC☀ #BinanceSquareFamily

$Bitcoin Eyes $110K by January, $20B TRX Signals Potential 'Altseason' — Finance Redefined

Bitcoin broke past $100,000 for the first time on Dec. 5, fueling speculation of a potential $110,000 “local top” ahead of President-elect Donald Trump’s inauguration on Jan. 20.

Meanwhile, altcoin enthusiasm is surging as Tron ($TRX ) reached a record $20 billion market capitalization. This milestone has heightened expectations of an impending altcoin season, with some Bitcoin (BTC) profits likely to flow into smaller cryptocurrencies.

Bitcoin has entered the "parabolic phase" of its market cycle, with analysts predicting a potential local top exceeding $110,000 by late January.

This forecast aligns with Bitcoin's correlation to the Global Macro Investor’s Total Liquidity Index, which aggregates data from major central bank balance sheets, suggesting continued upward momentum.

#BTC☀ #BNBAnalysis #newstable #BinanceSquareFamily

Why Crypto Billionaire Mike Novogratz Believes Satoshi Nakamoto May Be Deceased

$BTC , the foundation of a $3.7 trillion crypto industry, is now traded on Wall Street and recognized as legal tender in one nation. Yet, despite its meteoric ascent, a profound mystery lingers: is its enigmatic creator, Satoshi Nakamoto, still alive?

Galaxy Digital CEO Mike Novogratz has shared his perspective on whether Bitcoin’s enigmatic creator, Satoshi Nakamoto, is still alive.

In an interview with CNBC, Novogratz suggested that the mysterious figure behind Bitcoin is likely deceased.

“If Satoshi was alive — and I don’t think he is — I’m sure he’d be smiling,” Novogratz remarked while discussing Bitcoin’s meteoric surge to a record high of $103,600.

He described Bitcoin as the “greatest example” of a collective effort to achieve something extraordinary. While Satoshi originally envisioned Bitcoin as a payment system, it has since evolved into what Novogratz calls “digital gold.”

Speculation about Satoshi’s identity continues to swirl, with various theories suggesting the creator may have been an individual or a group. Early Bitcoin adopter Hal Finney, once considered a leading Satoshi candidate, passed away in 2014, adding to the intrigue.

A recent HBO documentary speculated that Peter Todd could be Satoshi, but Todd and the broader crypto community dismissed this claim. For most in the cryptosphere, the enduring mystery of Satoshi’s identity only adds to Bitcoin’s allure.

#satoshiprotocol #Founders #BNBToken #BinanceSquareFamily

Syscoin (SYS) Surges Following Binance Futures Listing and ETF Developments

Syscoin (SYS) is the first EVM-compatible layer built directly into Bitcoin's Proof-of-Work (PoW) security model through merged mining. This innovative approach allows Bitcoin miners to utilize the same hashrate to mine Syscoin, significantly increasing their profitability. Remarkably, over 75% of Bitcoin miners worldwide also mine Syscoin, giving it the second-highest hashrate—and one of the most secure blockchain networks globally. Syscoin is licensed in both the UAE and the Netherlands and has secured regulatory approval for listing on Binance US, enabling trading by US citizens and residents.

As governments and major corporations integrate $BTC into sovereign wealth funds and corporate treasuries, a critical opportunity lies in the usability and programmability of Bitcoin, a $2 trillion asset. Unlike Ethereum and other Layer 1 chains, which operate entirely outside Bitcoin's PoW security model, Syscoin enables native smart contracts and decentralized finance (DeFi) solutions directly within the Bitcoin blockchain. This unlocks scalable and programmable capabilities for Bitcoin without leaving its network, positioning Syscoin as a transformative platform that can render other chains unnecessary for Bitcoin users.

The Syscoin team is in discussions with several publicly traded US corporations to include SYS in their corporate treasuries. This strategic move could open Syscoin to institutional investors, mirroring Bitcoin's success with MicroStrategy. Furthermore, Syscoin aims to emulate Ripple Labs' success with XRP, which experienced significant momentum following its ETF announcement with WisdomTree. With Syscoin's unique value proposition, it is poised to attract substantial institutional and retail interest in the evolving blockchain ecosystem.

#BTC☀ #newstable #BinanceSquareFamily #FutureOfTrading

El Salvador's "1 $BTC per day"

El Salvador's "1 Bitcoin per day" investment strategy, initiated in November 2022, has resulted in the accumulation of 5,955 $BTC as of December 2024. With Bitcoin recently surpassing $100,000 per coin, the total value of the country's holdings has surged to over $610.5 million. This marks a significant 126% increase from the approximate $269.7 million El Salvador initially invested, giving the country an unrealized profit of over $340 million.

President Nayib Bukele's decision to make Bitcoin legal tender in 2021 and his subsequent investments have been transformative. Despite criticism from global institutions like the IMF, this strategy has positioned El Salvador as a pioneer in cryptocurrency adoption. The portfolio's growth aligns with Bitcoin's broader rally, driven by favorable macroeconomic factors.

Would you like insights into the criticisms or other countries' crypto strategies?

#BTC100K! #BTC☀ #BNBToken #newstable #ElSalvadors

$BTC Now In Six Digit💪

Tron has surged by 95% in a single day, reaching a new all-time high

Tron Soars 95% in a Day, Reaches New All-Time High

Tron ($TRX ), one of the top-ranking cryptocurrencies by market cap, has outshined its peers with a staggering 95% price surge in just 24 hours. This surge comes as Bitcoin (BTC) struggled earlier in the day, briefly dipping to $93,000.

With a market capitalization of $36 billion, Tron saw a record-breaking trading day, registering $10 billion in trading volume—an increase of nearly 500%. The token's price surged from $0.21 to $0.43 within a day, setting a new all-time high of $0.40, surpassing its previous June 2018 peak.

Over the past month, Tron’s price has skyrocketed by 157%, reflecting its growing momentum and strong performance within the crypto market.

Former U.S. President Trump is reportedly set to announce his replacement for the SEC Chair tomorrow.

Former President Donald Trump is expected to announce his choice for the next Securities and Exchange Commission (SEC) chair tomorrow, according to sources cited by FOX Business reporter Eleanor Terrett.

The announcement aligns with Trump’s campaign pledge to dismiss Gary Gensler on his first day in office. Gensler, who has already stated his intention to step down effective January 20, leaves behind a controversial legacy marked by a rigorous crackdown on cryptocurrency and an assertive regulatory approach.

Former SEC Commissioner Paul Atkins is among the potential candidates for the role, as part of a shortlist that includes Robinhood Chief Legal Officer Dan Gallagher, Willkie Law Firm Partner Robert Stebbins, and current SEC Commissioner Mark Uyeda.

The nominee is expected to significantly influence the SEC's approach to cryptocurrencies, financial markets, and corporate oversight, signaling a potential shift in the commission’s regulatory priorities.

#BNBAnalysis #newstable #tradesafely #TrumpInPump

I Think SoL Down Countinue

$XRP Surges 25%, Becomes Third Largest Cryptocurrency, Overtaking Solana and Tether

In a remarkable turn of events,XRP the utility-driven cryptocurrency backed by Ripple Labs, has soared past $SOL and Tether (USDT) to claim the position of the third largest cryptocurrency by market capitalization.

The large-cap altcoin experienced a stunning 25% price increase in the last 24 hours, reaching approximately $2.40 during the early Asian session on Monday, December 2.

With a market capitalization of around $140 billion and a fully diluted valuation exceeding $240 billion,$XRP saw a significant spike in daily trading activity, with volume surging 45% to $23 billion at the time of reporting.

Why Did XRP Rally?

XRP's recent surge can be attributed to a combination of favorable market dynamics and regulatory clarity. Here's what drove the rally:

1. Regulatory Wins: Ripple Labs' ongoing legal battle with the U.S. SEC has seen recent developments favoring XRP, boosting investor confidence in its long-term prospects.

2. Increased Adoption: The utility of XRP in cross-border payments and its integration with major financial institutions continue to strengthen its position in the crypto ecosystem.

3. Broader Market Momentum: A bullish trend in the broader crypto market likely amplified XRP's upward movement, with investors seeking high-growth opportunities.

4. Whale Activity: Significant accumulation by large holders ("whales") added buying pressure, contributing to the price surge.

5. Improved Sentiment: Positive sentiment fueled by strong trading volume and community support propelled XRP’s rapid ascent.

#XRPTrends #BTC☀ #BinanceSquareFamily #BNBAnalysis

Is $BTC & $XRP Dominance Continue?

Base Blockchain Breakthrough: Investor Turns $15.3K into $1.29M in 48 Hours

How $15.3K Became $1.29M: A Meteoric Success on Base Blockchain

A cryptocurrency trader operating on the Base blockchain has made headlines by turning a $15,300 investment into a staggering $1.29 million in just two days. This remarkable profit was achieved through strategic trades involving the $FAI token, which experienced an explosive price surge on the decentralized exchange Aerodrome.

From Modest Investment to Million-Dollar Returns

Blockchain analytics platform Lookonchain revealed that the trader initially purchased 253.63 million $FAI tokens for 4.2 ETH, equivalent to $15,300. The purchase occurred just as the token’s value began to rise, positioning the trader perfectly to ride the wave of its exponential growth.

As $FAI’s price soared, the trader cashed in by selling 91.8 million tokens for 106.2 ETH, valued at $384,000. This sale not only covered the initial investment but also secured a sizable profit. However, the trader strategically retained 161.8 million $FAI tokens, which continued to appreciate in value.

An Unprecedented Rally

The remaining $FAI tokens surged in worth, reaching an estimated value of $911,000. When combined with the realized gains, the trader’s total profit skyrocketed to $1.29 million—an extraordinary return on investment within just 48 hours.

Risks and Opportunities in the Crypto Ecosystem

This extraordinary success story highlights both the incredible potential and inherent risks of the cryptocurrency market. While the trader’s precise timing and strategy yielded unparalleled returns, such opportunities are accompanied by significant volatility and unpredictability.

The Base blockchain, a layer-2 solution built on Ethereum, is quickly emerging as a hub for innovative projects and speculative trading opportunities.

#TrendingBinance #BNBAnalysis #ETH🔥🔥🔥🔥 #BNB_Free