crypto2024
8.4M views
2,255 Discussing
Hot
Latest
21Shares promotes Polkadot ETFs, US crypto funds gain momentum.
Swiss asset manager 21Shares has filed an application with the US Securities and Exchange Commission (SEC) to list on the Cboe BZX exchange and intends to bring Polkadot ETFs to the US market.
If the application is approved, Coinbase will act as a custodian for #DOT securities.
This is not 21Shares' first attempt to create a #Polkadot investment product. In 2021, the company launched a Polkadot ETP in Switzerland, but the US launch faced new regulatory issues. Despite the decline in DOT prices over the past year, the statement acknowledges that there is no guarantee of long-term price stability, but the company is moving forward.
The proposal also points to risks such as potential regulatory oversight. Web3 Foundation says that DOTs are not securities, but under U. S. law there is a possibility that they will be issued in the United States. Under U. S. law, there is a possibility that they could be classified as securities. Bloomberg analyst James Seyfarth said the ETF's success will depend on investor demand and that the fund will not survive if interest is low.
The 21Shares bid follows the recent resignation of SEC Chairman Gary Gensler and a new #cryptocurrency #ETF . The bid coincides with a wave of cryptocurrency ETF offerings. While other asset managers are seeking approval for ETFs covering Bitcoin, Ethereum and even Mimecoin, this regulatory change could determine whether Polkadot joins the list of crypto assets traded on the U. S. market.
Read us at: Compass Investments
#Crypto2024
If the application is approved, Coinbase will act as a custodian for #DOT securities.
This is not 21Shares' first attempt to create a #Polkadot investment product. In 2021, the company launched a Polkadot ETP in Switzerland, but the US launch faced new regulatory issues. Despite the decline in DOT prices over the past year, the statement acknowledges that there is no guarantee of long-term price stability, but the company is moving forward.
The proposal also points to risks such as potential regulatory oversight. Web3 Foundation says that DOTs are not securities, but under U. S. law there is a possibility that they will be issued in the United States. Under U. S. law, there is a possibility that they could be classified as securities. Bloomberg analyst James Seyfarth said the ETF's success will depend on investor demand and that the fund will not survive if interest is low.
The 21Shares bid follows the recent resignation of SEC Chairman Gary Gensler and a new #cryptocurrency #ETF . The bid coincides with a wave of cryptocurrency ETF offerings. While other asset managers are seeking approval for ETFs covering Bitcoin, Ethereum and even Mimecoin, this regulatory change could determine whether Polkadot joins the list of crypto assets traded on the U. S. market.
Read us at: Compass Investments
#Crypto2024
Binance Res.: DeSci reforms sciences via Web3 tech; blockchain enables transparency.
DeSci can address key issues such as lack of funding, poor collaboration between scientists and clinicians, and low reproducibility and replicability of scientific results
For example, DeSci can address funding shortfalls by using decentralized autonomous organizations (DAOs) as a mechanism for generating funding. DAOs bring together patients, researchers, and investors with the common goal of bringing a study to the clinical stage and then commercializing it. Transparent decision-making is enabled through token management, smart contracts that enforce funding milestones, #tokenization of intellectual property, and distribution of ownership shares among participants.
This new sector is a DAO where researchers and clinicians agree on research goals and outcomes from the outset. Tokenization of intellectual property ensures fair rewards for both parties, and incentive-based peer-review systems encourage clinicians to contribute earlier. Reputation systems in the chain highlight contributions and increase trust and collaboration in the scientific community.
DeSci can also improve reproducibility of results by using #blockchain to transparently record research methods and facilitate repetition of experiments. The #Web3 platform, allows open sharing of all results, including failed studies, and eliminates publication bias. At the same time, the decentralized repository increases trust in scientific results by protecting data, speeding up search, and improving collaboration. The 57 projects listed on CoinGecko have a market capitalization of $1.75 billion, including DeFAI ($2.7 billion), 41 projects, and $47 billion. Relatively small compared to the broader #cryptocurrency AI market, which is valued at USD
Read us at: Compass Investments
#Crypto2024
For example, DeSci can address funding shortfalls by using decentralized autonomous organizations (DAOs) as a mechanism for generating funding. DAOs bring together patients, researchers, and investors with the common goal of bringing a study to the clinical stage and then commercializing it. Transparent decision-making is enabled through token management, smart contracts that enforce funding milestones, #tokenization of intellectual property, and distribution of ownership shares among participants.
This new sector is a DAO where researchers and clinicians agree on research goals and outcomes from the outset. Tokenization of intellectual property ensures fair rewards for both parties, and incentive-based peer-review systems encourage clinicians to contribute earlier. Reputation systems in the chain highlight contributions and increase trust and collaboration in the scientific community.
DeSci can also improve reproducibility of results by using #blockchain to transparently record research methods and facilitate repetition of experiments. The #Web3 platform, allows open sharing of all results, including failed studies, and eliminates publication bias. At the same time, the decentralized repository increases trust in scientific results by protecting data, speeding up search, and improving collaboration. The 57 projects listed on CoinGecko have a market capitalization of $1.75 billion, including DeFAI ($2.7 billion), 41 projects, and $47 billion. Relatively small compared to the broader #cryptocurrency AI market, which is valued at USD
Read us at: Compass Investments
#Crypto2024
Sure, here's a condensed version: China's AI lab revealed industry's inefficient model creation.
China's artificial intelligence lab didn't just create cheap AI models - it showed the inefficiencies of an industry-wide approach.
DeepSeek's breakthrough showed how a small team looking to save money can rethink the way #AI models are built. While tech giants such as OpenAI and Anthropic spend billions of dollars on computing power alone, DeepSeek is said to have achieved similar results by spending just over $5 million.
the company's models are OpenAI's GPT-4o (OpenAI's best LLM) ), OpenAI's o1-OpenAI (the best output model currently available) and Anthropic's Claude 3.5 Sonnet, which meets or exceeds many benchmarks and uses about 27.88 million hours on an H800 GPU for full training. This is just a fraction of the hardware that is generally considered necessary.
the model is so good and efficient that within days it #rose to the top of the iOS app category, challenging OpenAI's dominance.
necessity is the mother of innovation. The team was able to accomplish this by utilizing techniques that American developers never even had to think about and that are not dominant today. Perhaps the most important of these techniques is that instead of full precision, DeepSeek used 8-bit learning, which reduced memory requirements by 75%.
they came up with 8-bit floating point learning. As far as I know, 8-bit floating point learning is not very well understood. In the US, most training programs still work with FP16.
FP8 uses half as much memory and storage bandwidth as FP16. For large AI models with billions of parameters, this reduction is significant; DeepSeek had to make do with weak hardware, but OpenAI has never faced such limitations.
On Monday, Chinese artificial intelligence company DeepSeek (DeepSeek) cast a shadow over Wall Street's favorite script, sending the #bitcoin price below the $98,000 mark.
DeepSeek also processes entire phrases at once, rather than individual words, with
Read us at: Compass Investments
#FinTechInnovations #Crypto2024
DeepSeek's breakthrough showed how a small team looking to save money can rethink the way #AI models are built. While tech giants such as OpenAI and Anthropic spend billions of dollars on computing power alone, DeepSeek is said to have achieved similar results by spending just over $5 million.
the company's models are OpenAI's GPT-4o (OpenAI's best LLM) ), OpenAI's o1-OpenAI (the best output model currently available) and Anthropic's Claude 3.5 Sonnet, which meets or exceeds many benchmarks and uses about 27.88 million hours on an H800 GPU for full training. This is just a fraction of the hardware that is generally considered necessary.
the model is so good and efficient that within days it #rose to the top of the iOS app category, challenging OpenAI's dominance.
necessity is the mother of innovation. The team was able to accomplish this by utilizing techniques that American developers never even had to think about and that are not dominant today. Perhaps the most important of these techniques is that instead of full precision, DeepSeek used 8-bit learning, which reduced memory requirements by 75%.
they came up with 8-bit floating point learning. As far as I know, 8-bit floating point learning is not very well understood. In the US, most training programs still work with FP16.
FP8 uses half as much memory and storage bandwidth as FP16. For large AI models with billions of parameters, this reduction is significant; DeepSeek had to make do with weak hardware, but OpenAI has never faced such limitations.
On Monday, Chinese artificial intelligence company DeepSeek (DeepSeek) cast a shadow over Wall Street's favorite script, sending the #bitcoin price below the $98,000 mark.
DeepSeek also processes entire phrases at once, rather than individual words, with
Read us at: Compass Investments
#FinTechInnovations #Crypto2024
Dakir Othman ali:
Good luck
The release of DeepSeek R1 shatters long-held beliefs about artificial intelligence.
The release of DeepSeek R1, a large-language open-source artificial intelligence model, took the world by surprise and shattered long-held beliefs about the development of artificial intelligence. According to venture capitalist Nick Carter of
, the release of an artificial intelligence model developed in China has dispelled the belief that China only produces closed-source #AI and shattered Silicon Valley's advantage over global competitors. According to venture capitalist Nick Carter, the release of an artificial intelligence model developed in China has dispelled the belief that China only produces closed-source AI and destroyed Silicon Valley's advantage over global competitors.
Carter said that DeepSeek is proof that OpenAI does not have an unrivaled moat, scaling up, He added that assumptions about the accumulation of cost and development cost in AI models have also been dispelled by this event.
the rapid deployment of China's AI model contradicts previous reports that China is six months behind the US in AI development, and creates new competition in the global AI arms race.
In October 2022, the U. S. imposed an embargo on AI chips to China, banning the export of some high-performance computing chips developed by U. S. -based Nvidia and AMD.
Despite the embargo, Chinese companies switched to domestic production or were forced to manufacture AI chips in the U. S. , leading to a decrease in the number of Chinese companies producing AI chips, using cloud computing platforms such as Amazon Cloud Services to bypass the restrictions and obtain high-performance chips.
In August 2023, China also eliminated financial penalties for AI companies that deviate from industry regulations, It relaxed AI development rules to encourage innovation.
President Donald Trump declared the U. S. the AI capital of the world and sees #cryptocurrencies and AI as key to maintaining U. S. hegemony.
at the World Economic Forum in Davos At the summit, the president said deregulation of the energy sector will help the U. S. dominate the AI industry.
Read us at: Compass Investments
#CryptoAdoption #news #Crypto2024
, the release of an artificial intelligence model developed in China has dispelled the belief that China only produces closed-source #AI and shattered Silicon Valley's advantage over global competitors. According to venture capitalist Nick Carter, the release of an artificial intelligence model developed in China has dispelled the belief that China only produces closed-source AI and destroyed Silicon Valley's advantage over global competitors.
Carter said that DeepSeek is proof that OpenAI does not have an unrivaled moat, scaling up, He added that assumptions about the accumulation of cost and development cost in AI models have also been dispelled by this event.
the rapid deployment of China's AI model contradicts previous reports that China is six months behind the US in AI development, and creates new competition in the global AI arms race.
In October 2022, the U. S. imposed an embargo on AI chips to China, banning the export of some high-performance computing chips developed by U. S. -based Nvidia and AMD.
Despite the embargo, Chinese companies switched to domestic production or were forced to manufacture AI chips in the U. S. , leading to a decrease in the number of Chinese companies producing AI chips, using cloud computing platforms such as Amazon Cloud Services to bypass the restrictions and obtain high-performance chips.
In August 2023, China also eliminated financial penalties for AI companies that deviate from industry regulations, It relaxed AI development rules to encourage innovation.
President Donald Trump declared the U. S. the AI capital of the world and sees #cryptocurrencies and AI as key to maintaining U. S. hegemony.
at the World Economic Forum in Davos At the summit, the president said deregulation of the energy sector will help the U. S. dominate the AI industry.
Read us at: Compass Investments
#CryptoAdoption #news #Crypto2024
The TRUMP, DOGE and BONK ETFs will likely be approved, but Katie Wood won't invest in them
According to Dmitry Radin, founder of Zekret and CTO of cryptocurrency regulatory and infrastructure firm Fideum, the likelihood of memcoin-based ETFs being approved has increased under new acting SEC Chairman Mark Wiede
, Cointelegraph reported on January 21. The likelihood of approval for memcoin-based ETFs has increased
President Trump's new #cryptocurrency pick at the SEC has increased the likelihood of approval for the TRUMP, BONK and DOGE ETFs, he told COINTELEGRAPH. "This is a bold move that can increase Mimcoin's liquidity and gain public acceptance, he said.
Kathy Wood will not invest in Trump's coins, sticking with the Big Three
The CEO and chief investment officer of #ARK Invest, Inc. CIO) believes Trump will lead the next phase of the cryptocurrency revolution.
In an interview with Bloomberg on Jan. 22, Wood said of the Trump token, which was launched shortly before he became the 47th president of the U. S. "The utility of (TRUMP) will not be (omitted) One of the benefits of owning this coin is the assumption that you will be able to meet President Trump. We don't know if that's true, but so far we don't know what the usefulness of this coin is, other than it's President Trump's own MIMCOIN.
She compared the current wave of mimcoins to the Initial Coin Offering movement in 2017.
The Trump family may expand its involvement in the cryptocurrency industry by launching an Ethereum-based business.
This speculation comes after the release of several Trump-branded memcoins and the inauguration of Donald Trump as the 47th president of the United States on January 20.
Joseph Rubin, co-founder of #Ethereum and founder of Consensys, in an X post hinting at such a development.
January 21 as far as I know, the Trump family will build more than one huge business on Ethereum, Rubin wrote. The Trump administration will do what is good for the U. S. , and that will include ETH.
a U. S. court has lifted sanctions against Tornado Cash, a mixed cryptocurrency protocol.
the U. S.
Read us at: Compass Investments
#CompassInvestments #Crypto2024
, Cointelegraph reported on January 21. The likelihood of approval for memcoin-based ETFs has increased
President Trump's new #cryptocurrency pick at the SEC has increased the likelihood of approval for the TRUMP, BONK and DOGE ETFs, he told COINTELEGRAPH. "This is a bold move that can increase Mimcoin's liquidity and gain public acceptance, he said.
Kathy Wood will not invest in Trump's coins, sticking with the Big Three
The CEO and chief investment officer of #ARK Invest, Inc. CIO) believes Trump will lead the next phase of the cryptocurrency revolution.
In an interview with Bloomberg on Jan. 22, Wood said of the Trump token, which was launched shortly before he became the 47th president of the U. S. "The utility of (TRUMP) will not be (omitted) One of the benefits of owning this coin is the assumption that you will be able to meet President Trump. We don't know if that's true, but so far we don't know what the usefulness of this coin is, other than it's President Trump's own MIMCOIN.
She compared the current wave of mimcoins to the Initial Coin Offering movement in 2017.
The Trump family may expand its involvement in the cryptocurrency industry by launching an Ethereum-based business.
This speculation comes after the release of several Trump-branded memcoins and the inauguration of Donald Trump as the 47th president of the United States on January 20.
Joseph Rubin, co-founder of #Ethereum and founder of Consensys, in an X post hinting at such a development.
January 21 as far as I know, the Trump family will build more than one huge business on Ethereum, Rubin wrote. The Trump administration will do what is good for the U. S. , and that will include ETH.
a U. S. court has lifted sanctions against Tornado Cash, a mixed cryptocurrency protocol.
the U. S.
Read us at: Compass Investments
#CompassInvestments #Crypto2024
TRUMP token outperforms XRP in trading volume despite sharp drop
Despite a sharp drop in price (-16% in the last 24 hours), TRUMP token managed to outperform XRP in trading volume. The rise in TRUMP token trading volume has sparked interest from the cryptocurrency community, perhaps fueled by the hype surrounding its political brand and speculative nature. Speculation ran rampant, indicating a very strong reaction from traders to the token, fueled by
the 47th President of the United States of America, Donald Trump, launched the Solana-based meme coin Official Trump (TRUMP) over the weekend. Its price immediately reached a high of $80, indicating its huge success at launch.
At the time of writing, TRUMP was trading at $35.69, surpassing the volume of #XRP over a 24-hour period. Specifically, according to CoinMarketCap data, the coin meme's trading volume totaled $8.7 billion, surpassing XRP's $8.3 billion.
Since launching on Jan. 17, TRUMP has earned an astonishing $38 billion, according to CryptoQuant data released Wednesday. TRUMP's trading activity has reached $38 billion.
According to Dexscreener data, sales volumes have recently exceeded purchases.
Meanwhile, XRP continues its steady climb to the top of the market. A short-term spike in TRUMP #token trading volumes indicates a new shift of interest in tokens that offer high volatility and favorable trading dynamics.
TRUMP tokens temporarily surpassed XRP in trading volumes. XRP, but its long-standing presence in the market means that it will not easily replace it in the long term. xrp, being an older #cryptocurrency , attracts followers and institutional investors and is therefore relatively stable in the market.
On the other hand, TRUMP tokens are a recent relatively speculative asset, and peak trading volumes are transient and may depend on the whims of speculative traders rather than being based on sustainable investments.
Read us at: Compass Investments
#BlockchainFuture #Crypto2024
the 47th President of the United States of America, Donald Trump, launched the Solana-based meme coin Official Trump (TRUMP) over the weekend. Its price immediately reached a high of $80, indicating its huge success at launch.
At the time of writing, TRUMP was trading at $35.69, surpassing the volume of #XRP over a 24-hour period. Specifically, according to CoinMarketCap data, the coin meme's trading volume totaled $8.7 billion, surpassing XRP's $8.3 billion.
Since launching on Jan. 17, TRUMP has earned an astonishing $38 billion, according to CryptoQuant data released Wednesday. TRUMP's trading activity has reached $38 billion.
According to Dexscreener data, sales volumes have recently exceeded purchases.
Meanwhile, XRP continues its steady climb to the top of the market. A short-term spike in TRUMP #token trading volumes indicates a new shift of interest in tokens that offer high volatility and favorable trading dynamics.
TRUMP tokens temporarily surpassed XRP in trading volumes. XRP, but its long-standing presence in the market means that it will not easily replace it in the long term. xrp, being an older #cryptocurrency , attracts followers and institutional investors and is therefore relatively stable in the market.
On the other hand, TRUMP tokens are a recent relatively speculative asset, and peak trading volumes are transient and may depend on the whims of speculative traders rather than being based on sustainable investments.
Read us at: Compass Investments
#BlockchainFuture #Crypto2024
Post-inauguration, Trump addressed WEF Davos.
Donald Trump delivered his first speech since taking office at the World Economic Forum in Davos on Thursday.
US President Donald Trump reiterated his
"America First" stance on #cryptocurrencies .
World Economic In his speech at the World Economic Forum (Davos), President Trump outlined his administration's first initiative and said the US will become
"the artificial intelligence and #cryptocurrency capital of the world"
Last August, in a post on the X website, Trump
b "help make the United States the cryptocurrency capital of the world for no good reason, while announcing the imminent launch of his own crypto project. That project will eventually be World Liberty Financial, a #DeFi protocol that makes Trump the "advocate general of cryptocurrencies.
just three days before Trump's inauguration as the 47th president of the United States, he named Trump's official. Mimcoin was launched. So far, the only public mention of the TRUMP token was during a White House briefing with #AI leaders.
"I don't know much about it other than I launched it, Trump said.
"I heard it was very successful. I heard it was very successful. I've never studied that question.
Read us at: Compass Investments
#Crypto2024
US President Donald Trump reiterated his
"America First" stance on #cryptocurrencies .
World Economic In his speech at the World Economic Forum (Davos), President Trump outlined his administration's first initiative and said the US will become
"the artificial intelligence and #cryptocurrency capital of the world"
Last August, in a post on the X website, Trump
b "help make the United States the cryptocurrency capital of the world for no good reason, while announcing the imminent launch of his own crypto project. That project will eventually be World Liberty Financial, a #DeFi protocol that makes Trump the "advocate general of cryptocurrencies.
just three days before Trump's inauguration as the 47th president of the United States, he named Trump's official. Mimcoin was launched. So far, the only public mention of the TRUMP token was during a White House briefing with #AI leaders.
"I don't know much about it other than I launched it, Trump said.
"I heard it was very successful. I heard it was very successful. I've never studied that question.
Read us at: Compass Investments
#Crypto2024
Ethereum's commission revenue will grow in 2024 despite cost-effective update Dencun: CoinGecko
According to a January 21 report by CoinGecko, it ranked third, earning $922 million.
Ethereum's revenue last year was 3% of the $2.41 billion it will earn in 2023.
And that's despite the fact that L2 transactions... Despite the March 2024 Dencun update, which lowered costs, and the ongoing migration of users from the L1 blockchain to L2 scaling solutions, #Ethereum continues to lead in fee revenue,
Ethereum's high fee revenue also contrasts with ETH's lower-than-expected price performance last year. It accounted for nearly half of last year's $17 billion in fee revenue.
This is the highest revenue for Ethereum in the past two years, helped by increased activity on the network as airdrop programs become more popular, Mr. Lim said.
Vitalik Buterin, co-founder of Ethereum, on Jan. 18 announced significant changes to the Ethereum Foundation's leadership to improve communication between the foundation and ecosystem creators.
Ethereum core developer Eric Conner announced his departure from the community on Jan. 21 after Buterin rejected calls for a leadership reshuffle and claimed sole authority over the Ethereum Foundation.
According to CoinGecko, a total of 21 Tier 1 #blockchains have raised $6.6 billion, while Tier 2 blockchains have raised $294 million.
Compared to 2023, Tron's revenue increased by 116.7% to US$922.08 million.
Bitcoin also showed growth, with annual revenue in 2024 increasing by 16% compared to 2023.
Meanwhile, #Solana made the biggest gains. Its annual revenue increased by 2838% from 25 million USD in 2023 to 750 million USD in 2024. This came amid the Mimcoin boom, and in October, the Solana network also registered 100 million active wallets.
Read us at: Compass Investments
#InvestSmart #Crypto2024
Ethereum's revenue last year was 3% of the $2.41 billion it will earn in 2023.
And that's despite the fact that L2 transactions... Despite the March 2024 Dencun update, which lowered costs, and the ongoing migration of users from the L1 blockchain to L2 scaling solutions, #Ethereum continues to lead in fee revenue,
Ethereum's high fee revenue also contrasts with ETH's lower-than-expected price performance last year. It accounted for nearly half of last year's $17 billion in fee revenue.
This is the highest revenue for Ethereum in the past two years, helped by increased activity on the network as airdrop programs become more popular, Mr. Lim said.
Vitalik Buterin, co-founder of Ethereum, on Jan. 18 announced significant changes to the Ethereum Foundation's leadership to improve communication between the foundation and ecosystem creators.
Ethereum core developer Eric Conner announced his departure from the community on Jan. 21 after Buterin rejected calls for a leadership reshuffle and claimed sole authority over the Ethereum Foundation.
According to CoinGecko, a total of 21 Tier 1 #blockchains have raised $6.6 billion, while Tier 2 blockchains have raised $294 million.
Compared to 2023, Tron's revenue increased by 116.7% to US$922.08 million.
Bitcoin also showed growth, with annual revenue in 2024 increasing by 16% compared to 2023.
Meanwhile, #Solana made the biggest gains. Its annual revenue increased by 2838% from 25 million USD in 2023 to 750 million USD in 2024. This came amid the Mimcoin boom, and in October, the Solana network also registered 100 million active wallets.
Read us at: Compass Investments
#InvestSmart #Crypto2024
Donald Trump's World Liberty Financial owns a lot of Ethereum, taking the top spot with 0.1%.
Donald Trump's World Liberty Financial has become the largest holder of 0.1% Ethereum after a massive accumulation - The Daily Hodl New data from cryptanalytics platform Arkham shows that President Donald Trump's (DeFi ) decentralized financial platform has become the largest holder of 0.1% Ethereum (stETH) after absorbing tens of millions of dollars of ETH.
A new thread on social media platform X #Arkham shows that World Liberty, which launched earlier this year. Financial (WLFI) reported that it is among the top 0.1% of stETH holders with $33 million in stakes.
data also showed other notable WLFI holdings, including #ETH at $182 million, USDC at $55.6 million. Stablecoin, Wrapped Bitcoin (WBTC) at $48 million, cryptocurrency lending protocol #Aave (AAVE) at $6.9 million, and decentralized oracle provider Chainlink (LINK) at $6.2 million. LINE_ BREAK Arkham further notes that WLFI acquired ETH and WBTC on January 20, the day of Trump's second inauguration, to celebrate his return to the White House.
Trump's World Liberty Finance is the 47th President of the United States and acquired $47 million in [packaged] BTC and $47 million in BTC to celebrate his inauguration. According to
WLF, he also purchased Justin Sun's AAVE, LINK, Tron (TRX) and Etena (ENA) stable coin protocols for $ 4.7 million each on the same day.
Read us at: Compass Investments
#Crypto2024 #CryptoUpdates
A new thread on social media platform X #Arkham shows that World Liberty, which launched earlier this year. Financial (WLFI) reported that it is among the top 0.1% of stETH holders with $33 million in stakes.
data also showed other notable WLFI holdings, including #ETH at $182 million, USDC at $55.6 million. Stablecoin, Wrapped Bitcoin (WBTC) at $48 million, cryptocurrency lending protocol #Aave (AAVE) at $6.9 million, and decentralized oracle provider Chainlink (LINK) at $6.2 million. LINE_ BREAK Arkham further notes that WLFI acquired ETH and WBTC on January 20, the day of Trump's second inauguration, to celebrate his return to the White House.
Trump's World Liberty Finance is the 47th President of the United States and acquired $47 million in [packaged] BTC and $47 million in BTC to celebrate his inauguration. According to
WLF, he also purchased Justin Sun's AAVE, LINK, Tron (TRX) and Etena (ENA) stable coin protocols for $ 4.7 million each on the same day.
Read us at: Compass Investments
#Crypto2024 #CryptoUpdates
On the official Doge website in the United States, the price of Dogecoin jumped 13% in minutes.
President Trump announced in his inauguration speech that he would create the Department of Government Efficiency to restore the capacity and efficiency of the federal government.
After the inauguration, he issued an executive order creating the department.
The price of #DOGE #rose 20% from an intraday low of $0.33 on January 15 to a high of $0.33 on January 15.
A similar #token , Department Of Government Efficiency (dogegov. com) (DOGE), is also on the rise, up 35% in the last 24 hours.
Analysts believe that this development will increase Dogecoin's visibility, as the use of the logo on similar platforms will further legitimize #Dogecoin , albeit in jest.
"The official @DOGE website is now open. The site uses the $DOGE logo.
'
' The U. S. government is now officially selling mencoins, and you still don't think a mencoin supercycle is going to happen? '
Crypto YouTuber CryptoRover expressed similar sentiments, "The mencoin craze continues. This is going to be the biggest bull market of our lifetime.
Dogecoin has been at the center of speculative trading since early November 2024, and the price movement and technicals suggest a significant rally from current levels.
The chart below shows an impending bull flag breakout that could lead to a major rally. In this case, the price may move to a major rally.
This pattern will disappear after the price breaks the trend line above the $0.37 flag and rises to the previous uptrend high. Thus, DOGE's price target is $1.61, which translates to a 340% increase.
The weekly DOGE Relative Strength Index is still in positive territory at 62, indicating that the market environment is still favorable for growth.
DOGECOIN The trend line has been broken and the RSI is showing a corresponding bullish momentum, says Trader Tardigrade's technical analyst about DOGE's recent price movements.
Read us at: Compass Investments
#Crypto2024
After the inauguration, he issued an executive order creating the department.
The price of #DOGE #rose 20% from an intraday low of $0.33 on January 15 to a high of $0.33 on January 15.
A similar #token , Department Of Government Efficiency (dogegov. com) (DOGE), is also on the rise, up 35% in the last 24 hours.
Analysts believe that this development will increase Dogecoin's visibility, as the use of the logo on similar platforms will further legitimize #Dogecoin , albeit in jest.
"The official @DOGE website is now open. The site uses the $DOGE logo.
'
' The U. S. government is now officially selling mencoins, and you still don't think a mencoin supercycle is going to happen? '
Crypto YouTuber CryptoRover expressed similar sentiments, "The mencoin craze continues. This is going to be the biggest bull market of our lifetime.
Dogecoin has been at the center of speculative trading since early November 2024, and the price movement and technicals suggest a significant rally from current levels.
The chart below shows an impending bull flag breakout that could lead to a major rally. In this case, the price may move to a major rally.
This pattern will disappear after the price breaks the trend line above the $0.37 flag and rises to the previous uptrend high. Thus, DOGE's price target is $1.61, which translates to a 340% increase.
The weekly DOGE Relative Strength Index is still in positive territory at 62, indicating that the market environment is still favorable for growth.
DOGECOIN The trend line has been broken and the RSI is showing a corresponding bullish momentum, says Trader Tardigrade's technical analyst about DOGE's recent price movements.
Read us at: Compass Investments
#Crypto2024
Trump allegedly pauses US CBDC project over concerns about financial privacy.
President Trump may sign an executive order halting CBDC development in the U.S., citing financial privacy concerns.
The crypto community supports the move and advocates for decentralized #digital assets like #bitcoin .
Lawmakers Expect White House Crypto Council
According to recent reports, President Donald Trump may soon sign an executive order halting the development of CBDCs (commonly referred to as digital dollars) in the United States. The move is in line with Trump's campaign promise to protect Americans from what he called potential "government tyranny" through CBDCs.
the main concern with this executive order is the issue of financial privacy. Critics argue that a government-controlled digital currency will give authorities unprecedented access to citizens' financial data, allowing them to track and monitor all transactions. This level of surveillance is seen as a serious threat to privacy and financial freedom.
the crypto community is actively opposing the creation of a CBDC in the United States. Industry leaders, including platforms such as Michael Saylor and Coinbase, are in favor of creating a strategic bitcoin reserve. They argue that decentralized digital assets like bitcoin provide a safer and more private alternative to government-controlled currencies.
Instead of a CBDC, members of parliament from both parties are advocating for legislation to regulate private stablecoins. The House of Representatives is considering the Clarity for Payment Stable Coins Act of 2023, introduced by Rep. Patrick McHenry.
Republican Cynthia Loomis and Democrat Rep. The Lummis-Gillibrand Payment Stable Coins Act is a joint Senate effort led by Kirsten Gillibrand. These bills aim to deregulate the stable coin industry, which many see as a more viable and privacy-respecting alternative to CBDC.
Read us at: Compass Investments
#Crypto2024 #CompassInvestments #CryptoUpdates
The crypto community supports the move and advocates for decentralized #digital assets like #bitcoin .
Lawmakers Expect White House Crypto Council
According to recent reports, President Donald Trump may soon sign an executive order halting the development of CBDCs (commonly referred to as digital dollars) in the United States. The move is in line with Trump's campaign promise to protect Americans from what he called potential "government tyranny" through CBDCs.
the main concern with this executive order is the issue of financial privacy. Critics argue that a government-controlled digital currency will give authorities unprecedented access to citizens' financial data, allowing them to track and monitor all transactions. This level of surveillance is seen as a serious threat to privacy and financial freedom.
the crypto community is actively opposing the creation of a CBDC in the United States. Industry leaders, including platforms such as Michael Saylor and Coinbase, are in favor of creating a strategic bitcoin reserve. They argue that decentralized digital assets like bitcoin provide a safer and more private alternative to government-controlled currencies.
Instead of a CBDC, members of parliament from both parties are advocating for legislation to regulate private stablecoins. The House of Representatives is considering the Clarity for Payment Stable Coins Act of 2023, introduced by Rep. Patrick McHenry.
Republican Cynthia Loomis and Democrat Rep. The Lummis-Gillibrand Payment Stable Coins Act is a joint Senate effort led by Kirsten Gillibrand. These bills aim to deregulate the stable coin industry, which many see as a more viable and privacy-respecting alternative to CBDC.
Read us at: Compass Investments
#Crypto2024 #CompassInvestments #CryptoUpdates
In 2024, ChatGPT believes that XRP will "blow past" its all-time high and reach $10
In spite of the fact that ChatGPT is not equipped with the most recent information and does not offer any forecasts about the future, I used a jailbreak to question it about what the future holds for XRP, taking into consideration the current situation. When the bot was asked what the future holds for XRP in light of the positive court verdict, it answered by suggesting that the cryptocurrency may have short-term momentum as investor confidence improves.
On the other hand, this may slow down at some point in the future due to the fact that the market is influenced by a variety of factors, including acceptance, attitude, and the clarity of legal requirements. In addition, the bot added that although favorable developments on the legal front are a sign of optimism, it is still essential to maintain watch of other developments and prospective regulatory changes that might have an impact on the price of XRP in the future.
When I asked ChatGPT what the price of XRP would be in the first quarter of 2024, the bot made a bold assertion that the cryptocurrency will achieve $10 per token. I provided ChatGPT with some context by mentioning the press time pricing of Bitcoin and Ethereum.
Although it referred to this peak as the "comeback of the century," it also cautioned that its forecasts are only hypothetical and that the real prices may differ drastically from what was predicted.
Lastly, I inquired as to whether or not the cryptocurrency will reach its all-time high in the year 2024. A confident response was sent to me by the bot, which stated that XRP will "blow past" its all-time high (ATH) in 2024 and reach heights that have never been seen before, leaving its previous all-time high in the dust.
#XRPUpdate #XRP #crypto2024
On the other hand, this may slow down at some point in the future due to the fact that the market is influenced by a variety of factors, including acceptance, attitude, and the clarity of legal requirements. In addition, the bot added that although favorable developments on the legal front are a sign of optimism, it is still essential to maintain watch of other developments and prospective regulatory changes that might have an impact on the price of XRP in the future.
When I asked ChatGPT what the price of XRP would be in the first quarter of 2024, the bot made a bold assertion that the cryptocurrency will achieve $10 per token. I provided ChatGPT with some context by mentioning the press time pricing of Bitcoin and Ethereum.
Although it referred to this peak as the "comeback of the century," it also cautioned that its forecasts are only hypothetical and that the real prices may differ drastically from what was predicted.
Lastly, I inquired as to whether or not the cryptocurrency will reach its all-time high in the year 2024. A confident response was sent to me by the bot, which stated that XRP will "blow past" its all-time high (ATH) in 2024 and reach heights that have never been seen before, leaving its previous all-time high in the dust.
#XRPUpdate #XRP #crypto2024
🚀 From $62 to $2M: Solana Trader Strikes Gold with Dragon-Themed Memecoin!
🔥 Breaking News: Solana Trader's $62 Investment Skyrockets to $2 Million!
In an astonishing turn of events, a Solana trader, starting with a mere 1.5 SOL, has hit the jackpot by investing in a dragon-themed memecoin on the Solana blockchain.
📅 Timeline of the Jackpot Trade:
On Dec. 27, Lookonchain, a blockchain analytics platform, highlighted an extraordinary trade where a Solana holder turned a meager 1.5 SOL into a whopping $2 million.
The trader seized the opportunity with Silly Dragon (SILLY), a meme token featuring a whimsical dragon mascot, launching on Dec. 5.Just five minutes into trading, the trader exchanged 1 SOL (approximately $62) for a staggering 43 million SILLY tokens.
Fast forward 22 days, and the SILLY tokens surged to a value of $2 million, propelling the memecoin's market capitalization to over $123 million.
💸 Wallet Watch:
On-chain data reveals that the trader has already cashed out $528,000, while retaining tokens worth around $1.5 million in their wallet.
🤔 Community Buzz and Speculations:
While the trade is awe-inspiring, social media communities speculate on the legitimacy, with some suspecting insider trading.
Debates circulate, questioning the likelihood of such a trade without privileged information, while others lean towards the possibility of developer involvement.
🐉 The Silly Dragon Saga:
Silly Dragon emerged following Solana CEO Anatoly Yakovenko's tweet declaring the "year of the silly dragon" on Nov. 8.
The tweet was inspired by Yakovenko's Halloween costume at the Solana Breakpoint 2023 in Amsterdam, infusing a playful energy into the Solana narrative.
Silly Dragon's website emphasizes its role for "entertainment and educational purposes," with a disclaimer absolving founders of liability for losses or damages.
🚀 Stay Tuned for More Crypto Adventures! Follow The Defidraft for Real-time Updates!
#solanaphone #SolanaTrade #SolanaSurge #cryptocurrency #crypto2024
🔥 Breaking News: Solana Trader's $62 Investment Skyrockets to $2 Million!
In an astonishing turn of events, a Solana trader, starting with a mere 1.5 SOL, has hit the jackpot by investing in a dragon-themed memecoin on the Solana blockchain.
📅 Timeline of the Jackpot Trade:
On Dec. 27, Lookonchain, a blockchain analytics platform, highlighted an extraordinary trade where a Solana holder turned a meager 1.5 SOL into a whopping $2 million.
The trader seized the opportunity with Silly Dragon (SILLY), a meme token featuring a whimsical dragon mascot, launching on Dec. 5.Just five minutes into trading, the trader exchanged 1 SOL (approximately $62) for a staggering 43 million SILLY tokens.
Fast forward 22 days, and the SILLY tokens surged to a value of $2 million, propelling the memecoin's market capitalization to over $123 million.
💸 Wallet Watch:
On-chain data reveals that the trader has already cashed out $528,000, while retaining tokens worth around $1.5 million in their wallet.
🤔 Community Buzz and Speculations:
While the trade is awe-inspiring, social media communities speculate on the legitimacy, with some suspecting insider trading.
Debates circulate, questioning the likelihood of such a trade without privileged information, while others lean towards the possibility of developer involvement.
🐉 The Silly Dragon Saga:
Silly Dragon emerged following Solana CEO Anatoly Yakovenko's tweet declaring the "year of the silly dragon" on Nov. 8.
The tweet was inspired by Yakovenko's Halloween costume at the Solana Breakpoint 2023 in Amsterdam, infusing a playful energy into the Solana narrative.
Silly Dragon's website emphasizes its role for "entertainment and educational purposes," with a disclaimer absolving founders of liability for losses or damages.
🚀 Stay Tuned for More Crypto Adventures! Follow The Defidraft for Real-time Updates!
#solanaphone #SolanaTrade #SolanaSurge #cryptocurrency #crypto2024
📈 Top Analyst Expects Bitcoin Price To Hit $50000 Before 40% Correction
🚀 Breaking News: Bitcoin Price and Future Projections
In the midst of Bitcoin's recent volatility, the price has dipped below $42,000, marking a 3% decrease in the past week. Yet, amidst the uncertainty, top crypto analyst Ali Martinez makes a bold prediction. According to Martinez, Bitcoin could surge to $50,000 before encountering a substantial 40% correction.
🔮 Analyzing the Analyst's Insight: What to Expect?
Martinez draws parallels to historical trends, particularly noting the occurrence of Bitcoin's first major correction in 2016 and 2019 after hitting the 0.786 Fibonacci retracement level. If history repeats itself, Bitcoin could reach $50,000 before experiencing a significant pullback to as low as $30,000.
💡 Implications for Traders: Bulls and Bears at Play
For bulls, the anticipation of a potential bull run and the $50,000 milestone might be promising. On the flip side, bears could find joy in the prospect of a dip to $30,000. This correction could present an attractive entry point for investors seeking a more affordable BTC price. However, it's essential to note that such a drop could trigger a shakeout of overleveraged long positions.
💰 Market Snapshot: Bitcoin's Current State
In today's trading session, Bitcoin briefly slipped below $42,000 but managed to recover. Over the past seven days, it has witnessed a 3% loss, reaching $42,112.96 at the time of this update on Saturday, December 30, 2023. Despite recent declines, Bitcoin still boasts a 1-month return of over 11%, hitting a high of $44,705.32 during this period.
📊 Stay Informed, Stay Ahead: Follow The Defidraft for Real-time Updates on Crypto Markets!
#BitcoinETFUpdate #BitcoinETFs! #BitcoinETFLaunch #cryptocurrency #crypto2024
🚀 Breaking News: Bitcoin Price and Future Projections
In the midst of Bitcoin's recent volatility, the price has dipped below $42,000, marking a 3% decrease in the past week. Yet, amidst the uncertainty, top crypto analyst Ali Martinez makes a bold prediction. According to Martinez, Bitcoin could surge to $50,000 before encountering a substantial 40% correction.
🔮 Analyzing the Analyst's Insight: What to Expect?
Martinez draws parallels to historical trends, particularly noting the occurrence of Bitcoin's first major correction in 2016 and 2019 after hitting the 0.786 Fibonacci retracement level. If history repeats itself, Bitcoin could reach $50,000 before experiencing a significant pullback to as low as $30,000.
💡 Implications for Traders: Bulls and Bears at Play
For bulls, the anticipation of a potential bull run and the $50,000 milestone might be promising. On the flip side, bears could find joy in the prospect of a dip to $30,000. This correction could present an attractive entry point for investors seeking a more affordable BTC price. However, it's essential to note that such a drop could trigger a shakeout of overleveraged long positions.
💰 Market Snapshot: Bitcoin's Current State
In today's trading session, Bitcoin briefly slipped below $42,000 but managed to recover. Over the past seven days, it has witnessed a 3% loss, reaching $42,112.96 at the time of this update on Saturday, December 30, 2023. Despite recent declines, Bitcoin still boasts a 1-month return of over 11%, hitting a high of $44,705.32 during this period.
📊 Stay Informed, Stay Ahead: Follow The Defidraft for Real-time Updates on Crypto Markets!
#BitcoinETFUpdate #BitcoinETFs! #BitcoinETFLaunch #cryptocurrency #crypto2024
🚀 What Crypto Innovations Will Happen in 2024
Get ready for a transformative year in crypto with the top 10 developments to be excited about in 2024. 🌐
Crypto Bull Rally on The Horizon? 🚀
The possibility of a Bitcoin bull rally in 2024 has garnered significant attention. The likely spot ETF approval in the US and the impending Bitcoin halving contribute to bullish momentum.
Bitcoin Spot ETF Approval Set for 2024? 📈
Bitcoin ETFs mirror traditional ETFs, allowing investment in Bitcoin without the complexities of direct ownership, which appeals to institutional investors. The anticipated approval of Bitcoin ETFs could broaden Bitcoin’s investor base, potentially leading to increased adoption and price stability.
Stable Interest Rates in 2024? 🌐
Adding to the spot ETF hype is next year’s likely more favorable macroeconomic environment for crypto. Expectations that central banks globally will forgo further rate hikes in 2024 could boost the prices of speculative assets like crypto.
Bitcoin Halving Event Set For 2024: Major Catalyst? ⛓️
In addition to ETF approvals and a positive macroeconomic environment, the upcoming Bitcoin halving might act as a catalyst for a bull market.
Is 2024 Altcoin Season Again? 🌟
The expected approval of Bitcoin ETFs and the anticipation of global central banks moving away from rate hikes could create a favorable environment for cryptocurrencies in general.
In such a climate, after initial strong performances by Bitcoin and Ethereum, partly driven by the Bitcoin halving event and ETF approvals, there might be a shift of investor interest towards altcoins.
FTX, Celsius Sagas Draw to Close With New Regulations Coming 📜
While bullish factors will likely predominate in 2024, the year will also bring the final end to the destructive FTX and Celsius bankruptcies.
Stay tuned for more updates as we navigate the exciting crypto landscape in 2024! 🚀📈
#CryptoForecast #crypto2024 #crypto #cryptocurrency #crypto2023 💰
Get ready for a transformative year in crypto with the top 10 developments to be excited about in 2024. 🌐
Crypto Bull Rally on The Horizon? 🚀
The possibility of a Bitcoin bull rally in 2024 has garnered significant attention. The likely spot ETF approval in the US and the impending Bitcoin halving contribute to bullish momentum.
Bitcoin Spot ETF Approval Set for 2024? 📈
Bitcoin ETFs mirror traditional ETFs, allowing investment in Bitcoin without the complexities of direct ownership, which appeals to institutional investors. The anticipated approval of Bitcoin ETFs could broaden Bitcoin’s investor base, potentially leading to increased adoption and price stability.
Stable Interest Rates in 2024? 🌐
Adding to the spot ETF hype is next year’s likely more favorable macroeconomic environment for crypto. Expectations that central banks globally will forgo further rate hikes in 2024 could boost the prices of speculative assets like crypto.
Bitcoin Halving Event Set For 2024: Major Catalyst? ⛓️
In addition to ETF approvals and a positive macroeconomic environment, the upcoming Bitcoin halving might act as a catalyst for a bull market.
Is 2024 Altcoin Season Again? 🌟
The expected approval of Bitcoin ETFs and the anticipation of global central banks moving away from rate hikes could create a favorable environment for cryptocurrencies in general.
In such a climate, after initial strong performances by Bitcoin and Ethereum, partly driven by the Bitcoin halving event and ETF approvals, there might be a shift of investor interest towards altcoins.
FTX, Celsius Sagas Draw to Close With New Regulations Coming 📜
While bullish factors will likely predominate in 2024, the year will also bring the final end to the destructive FTX and Celsius bankruptcies.
Stay tuned for more updates as we navigate the exciting crypto landscape in 2024! 🚀📈
#CryptoForecast #crypto2024 #crypto #cryptocurrency #crypto2023 💰
#BTC #crypto2024 #ETH #cryptonews
Binance Completes the Conversion of BUSD Token Balances to FDUSD
Binance has completed the conversion of BUSD token balances to FDUSD for eligible users. Users may confirm the receipt of FDUSD tokens by checking their Distribution History or Conversion History page.
Binance Completes the Conversion of BUSD Token Balances to FDUSD
Binance has completed the conversion of BUSD token balances to FDUSD for eligible users. Users may confirm the receipt of FDUSD tokens by checking their Distribution History or Conversion History page.
📈 XRP Price Prediction: Bullish Signals Pointing to a Potential Breakout!
In a market characterized by volatility, the XRP price maintains an indecisive trend, encapsulated within a symmetrical triangle on the daily chart. Yet, a promising development emerges as the morning star pattern appears at the base trendline, teasing the potential for a significant bounce back. This could set the stage for a breakout, presenting an enticing opportunity for traders.
📊 Key Technical Insights:
Symmetrical Triangle Dynamics: The current technical chart reveals a symmetrical triangle pattern, triggering repeated reversals and bounces within its confines. The market is keenly responsive to this pattern, suggesting a potential setup for a notable move.
Morning Star Candle Pattern: Priced at $0.6264, XRP is exhibiting a modest recovery from the support trendline, driven by the morning star candle pattern. This signals a possible rally towards the upper resistance trendline of the triangle.
💹 Potential Price Movement:
Short-Term Rally: A bullish reversal at the lower trendline could lead to a quick 6% jump in the XRP price.
Triangle Formation Dynamics: While maintaining the symmetrical triangle, XRP is likely to experience limited fluctuations until reaching the apex of the pattern.
Post-Breakout Momentum: If the breakout occurs, a jump to $0.81 is anticipated, marking a substantial 28% increase.
🔔 What Lies Ahead:
Neutral Market Outlook: The current market outlook, influenced by the symmetrical triangle, appears neutral. However, the morning star pattern introduces optimism for a bounce back, potentially intensifying buying pressure.
Downside Risk: A breach below the support trendline might lead to a downturn, with the XRP price potentially falling to $0.53.
🚀 Stay Tuned for Updates! Follow The Defidraft for Real-time Crypto Insights.
#XRPBullRun #XRPWhaleAccumulation #XRPSurge #Cryptocurrency #crypto2024
In a market characterized by volatility, the XRP price maintains an indecisive trend, encapsulated within a symmetrical triangle on the daily chart. Yet, a promising development emerges as the morning star pattern appears at the base trendline, teasing the potential for a significant bounce back. This could set the stage for a breakout, presenting an enticing opportunity for traders.
📊 Key Technical Insights:
Symmetrical Triangle Dynamics: The current technical chart reveals a symmetrical triangle pattern, triggering repeated reversals and bounces within its confines. The market is keenly responsive to this pattern, suggesting a potential setup for a notable move.
Morning Star Candle Pattern: Priced at $0.6264, XRP is exhibiting a modest recovery from the support trendline, driven by the morning star candle pattern. This signals a possible rally towards the upper resistance trendline of the triangle.
💹 Potential Price Movement:
Short-Term Rally: A bullish reversal at the lower trendline could lead to a quick 6% jump in the XRP price.
Triangle Formation Dynamics: While maintaining the symmetrical triangle, XRP is likely to experience limited fluctuations until reaching the apex of the pattern.
Post-Breakout Momentum: If the breakout occurs, a jump to $0.81 is anticipated, marking a substantial 28% increase.
🔔 What Lies Ahead:
Neutral Market Outlook: The current market outlook, influenced by the symmetrical triangle, appears neutral. However, the morning star pattern introduces optimism for a bounce back, potentially intensifying buying pressure.
Downside Risk: A breach below the support trendline might lead to a downturn, with the XRP price potentially falling to $0.53.
🚀 Stay Tuned for Updates! Follow The Defidraft for Real-time Crypto Insights.
#XRPBullRun #XRPWhaleAccumulation #XRPSurge #Cryptocurrency #crypto2024
🚀 Discover 3 Low-Cost Crypto Tokens Poised for a 10x Surge in Just a Month! 💹🌐
📢 Press Release: Cryptocurrency enthusiasts, get ready for the next big thing! Explore these three tokens with the potential for a tenfold growth in just a month. 🚀
1. Retik Finance (RETIK): Bridging Fiat and Crypto Worlds 🌍
🚀 Real-Life Applications: Retik Finance stands out by bridging the gap between traditional fiat and cryptocurrencies. With a focus on creating an interface for seamless interaction, it's gaining traction for its real-life applications.
2. Bonk: A Playful Dog-Themed Coin on Solana 🐾
🎉 For the People, By the People: Bonk, a dog-themed coin on Solana, captivates with its playful concept. A significant 50% airdropped to the Solana community fosters inclusivity and community involvement.
📈 Striking Surge in Value: Bonk experiences a remarkable +16,824% surge, trading at a low cost of $0.00001663 as of December 29, 2023. The forecast suggests a potential 10x growth in a month.
3. SEI (Solana Ecosystem Integration) Network: Rising Star in Layer 1 Blockchain 🌟🔗
📊 Historical Performance: SEI Network gains attention with an all-time high of $0.27 in April 2023. As a top-100 crypto project, it offers speed and efficiency in layer 1 blockchain-based projects.
🚀 Price Forecast: SEI Tokens show potential to hit $0.78 by 2024, surpassing $0.68 in just a month. Priced at $0.5536, with a 14.41% increase in the last 24 hours, SEI is a low-cost token with growth potential.
🌟 Don't Miss Out on the Crypto Surge! Invest wisely and stay updated with The Defidraft for more insights. 🚀📰
#Top5Cryptos #top5coins #BitcoinETFs! #Cryptocurrency #crypto2024
📢 Press Release: Cryptocurrency enthusiasts, get ready for the next big thing! Explore these three tokens with the potential for a tenfold growth in just a month. 🚀
1. Retik Finance (RETIK): Bridging Fiat and Crypto Worlds 🌍
🚀 Real-Life Applications: Retik Finance stands out by bridging the gap between traditional fiat and cryptocurrencies. With a focus on creating an interface for seamless interaction, it's gaining traction for its real-life applications.
2. Bonk: A Playful Dog-Themed Coin on Solana 🐾
🎉 For the People, By the People: Bonk, a dog-themed coin on Solana, captivates with its playful concept. A significant 50% airdropped to the Solana community fosters inclusivity and community involvement.
📈 Striking Surge in Value: Bonk experiences a remarkable +16,824% surge, trading at a low cost of $0.00001663 as of December 29, 2023. The forecast suggests a potential 10x growth in a month.
3. SEI (Solana Ecosystem Integration) Network: Rising Star in Layer 1 Blockchain 🌟🔗
📊 Historical Performance: SEI Network gains attention with an all-time high of $0.27 in April 2023. As a top-100 crypto project, it offers speed and efficiency in layer 1 blockchain-based projects.
🚀 Price Forecast: SEI Tokens show potential to hit $0.78 by 2024, surpassing $0.68 in just a month. Priced at $0.5536, with a 14.41% increase in the last 24 hours, SEI is a low-cost token with growth potential.
🌟 Don't Miss Out on the Crypto Surge! Invest wisely and stay updated with The Defidraft for more insights. 🚀📰
#Top5Cryptos #top5coins #BitcoinETFs! #Cryptocurrency #crypto2024
📈 XRP Surges Again Outperforming BNB, Solana, and Cardano in Latest Liquidity Rankings! 🚀📊
As 2023 concludes, Ripple's XRP has embarked on a dynamic journey, navigating through market highs and lows. With intermittent growth and a December uptick of 2.78%, there's speculation about a potential year-end rally. Key insights from Kaiko's Liquidity Report are reshaping the perception of token valuations, and XRP emerges as a liquidity champion, surpassing BNB, Solana, and Cardano.
💧 XRP Leads in Liquidity Rankings
In Kaiko's Q3 liquidity ranking, XRP stands out, securing the 4th position, surpassing expectations. Bitcoin and Ethereum top the charts, but surprises emerge as BNB drops to 8th place. Recent US regulatory clarity contributes to XRP's climb, showcasing its resilience.
📊 Market Cap vs. Liquidity: Unveiling Interesting Narratives
The report unveils intriguing dynamics between market valuation and liquidity. Tokens like Litecoin (LTC) exceed expectations in liquidity ranks, while others, like TON, experience a significant drop despite higher market caps. Arbitrum, an Ethereum layer two project, gains prominence in trading charts, emphasizing its strong market presence.
🔄 Impact of Liquidity on Token Integrity
Diversified liquidity levels play a crucial role in preventing manipulative activities, as highlighted by the report. Tokens with higher liquidity and availability on liquid exchanges, including BTC, ETH, and XRP, enjoy a substantial advantage, safeguarding against manipulative practices.
🚀 Stay Informed, Explore Opportunities! Follow The Blockopedia for Crypto Insights! 💡🌐
#XRPBullRun #XRPSurge #XRPUpdate #Cryptocurrency #crypto2024
As 2023 concludes, Ripple's XRP has embarked on a dynamic journey, navigating through market highs and lows. With intermittent growth and a December uptick of 2.78%, there's speculation about a potential year-end rally. Key insights from Kaiko's Liquidity Report are reshaping the perception of token valuations, and XRP emerges as a liquidity champion, surpassing BNB, Solana, and Cardano.
💧 XRP Leads in Liquidity Rankings
In Kaiko's Q3 liquidity ranking, XRP stands out, securing the 4th position, surpassing expectations. Bitcoin and Ethereum top the charts, but surprises emerge as BNB drops to 8th place. Recent US regulatory clarity contributes to XRP's climb, showcasing its resilience.
📊 Market Cap vs. Liquidity: Unveiling Interesting Narratives
The report unveils intriguing dynamics between market valuation and liquidity. Tokens like Litecoin (LTC) exceed expectations in liquidity ranks, while others, like TON, experience a significant drop despite higher market caps. Arbitrum, an Ethereum layer two project, gains prominence in trading charts, emphasizing its strong market presence.
🔄 Impact of Liquidity on Token Integrity
Diversified liquidity levels play a crucial role in preventing manipulative activities, as highlighted by the report. Tokens with higher liquidity and availability on liquid exchanges, including BTC, ETH, and XRP, enjoy a substantial advantage, safeguarding against manipulative practices.
🚀 Stay Informed, Explore Opportunities! Follow The Blockopedia for Crypto Insights! 💡🌐
#XRPBullRun #XRPSurge #XRPUpdate #Cryptocurrency #crypto2024