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If you had bought $100 worth of #Bitcoin every month since the beginning of 2020, your $6,000 investment would have reached $19,179 today.
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AAVE Co-Founder Makes ETH Prediction: Watch This Development! As with every new year, analysts make predictions about different assets in the cryptocurrency ecosystem. Predictions are usually based on technical analysis, past precedents, and ongoing market dynamics. However, the Aave co-founder made an unusual prediction for #Ethereum . In a post on X, Stani Kulechov highlighted some important developments to watch out for in the Ethereum Blockchain. The AAVE co-founder particularly drew attention to the upcoming Pectra upgrade. He expressed his views that this upgrade will boost price action in 2025. He insists that Pectra, which will be implemented in the first quarter, can improve the scalability, user experience, and security of the network. Kulechov emphasizes that Pectra will enable externally owned accounts (EOAs) to function like smart contracts. EOAs, like regular wallets, have limited functionality when sending and receiving funds. They cannot execute complex logic or interact like smart contracts. However, the Pectra upgrade will help the protocol overcome these hurdles. This will improve interaction with decentralized applications (dApps) and provide stronger security. It will also improve the user experience. Additionally, Ethereum’s introduction of “blob spaces” will change the dynamics around boundaries at the Consensus Layer, allowing for efficient data storage. This will benefit not only the Ethereum mainnet, but all of Layer 2. It will develop a more efficient network that can process more transactions at a lower cost. These points emphasized by the $AAVE co-founder will position Ethereum for wider adoption and performance in 2025 and beyond. Further adoption could spark a price rally for the altcoin, which is already gaining traction among institutional investors. However, Kulechov’s prediction remained silent on possible price projections for $ETH .

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Popular Meme Coin Ends Critical Vote: Unanimously Approved! The cryptocurrency market is entering the new year with new searches. As adoption towards the crypto world increases, projects are adjusting their positions accordingly. The decentralized autonomous organization (#DAO ) that manages #Floki Inu has held a critical vote. It also achieved the expected result from this vote. However, this development has not had a significant impact on the meme coin price for now. The decentralized autonomous organization (DAO) that manages the meme coin Floki (Floki DAO) has unanimously decided to use a portion of the 16.3 billion $FLOKI tokens in its community redemption wallet as liquidity for the upcoming Floki exchange-traded product (ETP). The Floki ETP will go live in the first quarter of 2025. This ETP will provide traditional finance investors in the European market with exposure to memecoin, which is currently ranked as the 66th largest cryptocurrency by market capitalization on CoinMarketCap. Following the acceptance of the community proposal, a Floki spokesperson said that the ETP listing would add legitimacy to the community-driven memecoin. In this regard, “The Floki ETP will be launched on SIX Swiss Exchange, the largest exchange in Switzerland and the third largest in Europe, in an almost unprecedented move for meme coin legitimacy.” According to CoinGecko, memecoins were the second best-performing crypto narrative of 2024. The sector returned an average of 2,185% to investors throughout the year. This is second only to AI, which returned around 2,939%. Another CoinGecko study revealed that memecoins had the largest mind share among crypto investors in 2024. In this regard, it explained that it accounted for approximately 31% of total investor interest. In October 2024, Google search interest for memecoins surpassed search interest for Bitcoin. Memecoins recorded a search interest of 77 out of 100 for the month, compared to Bitcoin’s 33.

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🔸 Bitcoin's legal framework is being prepared to prevent inflation and digitize the economy in Syria. 🔸 The law aims to create a digital Syrian pound and a free market.

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🧙‍♂️ Cryptocurrency hacks increased by 21.07% in 2024, reaching $2.2 billion. The biggest hacks: •Japanese exchange DMM Bitcoin $305 million. •Indian exchange WazirX $234.9 million. •Munchables $62.5 million. •Radiant Capital $51 million. $BTC $ETH $BNB

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Bitcoin is on track to finish 2024 up more than 120 percent. #Bitcoin is on the rise on the last day of the year. The price of Bitcoin rose to $94,541.64 during the day. It is currently trading at $93,902, up 2.2 percent. If Bitcoin closes the day at these levels, it will have finished 2024 with an increase of approximately 123 percent. The price of Bitcoin has fallen by 3.6 percent in the last month. Bitcoin gained a big boost after the election of Donald Trump in the US. This opened up expectations for policies that support cryptocurrencies and increase demand for them. Some speculators are betting that Bitcoin will rise even higher in 2025, potentially more than doubling its value to $200,000. UK bookmaker Star Sports is giving 6/1 odds for bitcoin to rise above $200,000 in 2025. However, the cryptocurrency’s extremely high volatility is still keeping many investors cautious. $BTC $ETH $BNB

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