$XRP ○ The approval odds for an ETF for XRP increase to 70%, driven by positive changes in the direction of the U.S. SEC and a more favorable regulatory environment for cryptocurrencies.
○ XRP secures its position as the third largest cryptocurrency thanks to favorable regulations from the EU and the introduction of the USD-backed stablecoin from Ripple, RLUSD.
○ XRP is experiencing significant accumulation by large investors and positive market sentiment due to developments related to ETFs, highlighting the potential for institutional support and future price growth. $XRP
$XLM > Stellar's partnership with MoneyGram strengthens its position in cross-border payment solutions by enhancing the efficiency of cash-to-cryptocurrency transactions.
In the last 24 hours, the price of Stellar moved +2.12% to $0.45 and the trading volume moved -0.36% to $1.38b. $XLM
$SOL Solana rises like foam ◦ Solana aims for new highs with possible ETF approvals and strong network activity boosting investor confidence.
○ The Solana ecosystem is experiencing significant growth, with DEX volume approaching that of Ethereum and the ecosystem expanding through major airdrops like the 2.4 billion tokens of Sonic and the $625 million Jupiter campaign.
In the last 24 hours, the price of Solana moved +1.29% to $209 and trading volume moved -7.17% to $3.40b sol$SOL
○ Stellar partners with Fonbnk to enable prepaid SIM card users in Africa to convert airtime into USDC via blockchain technology offering an innovative financial solution in a region with limited financial infrastructure.
○ Highlighted advancements with MoneyGram partnership facilitating cash to crypto transactions and strengthening cross-border payment solutions, thus improving financial accessibility for global users.
In the past 24 hours, Stellar price moved +5.56% to $0.44 and trading volume moved -51.11% to $1.39b. $XLM
$ETH > Ethereum ETFs receive $2 billion inflows by December 2024, signaling a surge in institutional interest and integration with decentralized finance, despite the IRS delaying new tax rules for cryptocurrencies until 2026.
Myria's adoption of StarkWare's ZK-Rollup technology improves Ethereum's scalability up to 9,000 TPS without gas fees, demonstrating a significant technological advancement.
Over the past 24 hours, the price of Ethereum moved -0.21% to $3.43k and trading volume moved +14.14% to $20.08b. $ETH
TODAY'S NEWS $BTC ○ Bitcoin ETFs hold nearly $110 billion, representing 5.7% of the total Bitcoin supply, reflecting broader market integration and significant institutional interest.
○ BlackRock's iShares Bitcoin Trust saw its largest capital outflow to date at $332.6 million, indicating significant investor movement despite previous inflows since the ETF's launch.
Over the past 24 hours, Bitcoin price moved +0.44% to $96.06k and trading volume moved +33.42% to $41.22b. Btc$BTC
◦ Binance Labs expands the BNB Chain, enhancing the blockchain's scalability with AI and ZK technology, incubating various DeFi projects and improving the user experience.$BNB
$SOL ◦ The prominence of Solana in DeFi increases with a TVL of $5 billion in stablecoins, driven by the adoption of USDC and interest in memecoins. ◦ Bitwvise launches a staking ETP for Solana amid growing institutional interest and an increase in applications for Solana ETFs while Solana is under SEC review for an ETF in the United States, with a potential significant impact on the market.
$ XLM ◦ Stellar partners with Fonbnk to convert African prepaid SIM cards into virtual debit cards using blockchain technology. In the last 24 hours, the price of Stellar moved +3.55 % to $0.34 and the trading volume moved +35.53% to $462.07m.
Tether (USDT) loses $2 billion in market capitalization and hits its parity with the dollar. Tether, the largest stablecoin in the world, lost $2 billion of its market capitalization in December amid the challenges posed by the new Markets in Crypto-Assets (MiCA) regulation from the European Union. The MiCA regulatory framework will come into full effect on December 30, 2024.
The launch of the Layer-2 of L Hamster Kombat on the TON blockchain improves the scalability of Toncoin and its integration within the Telegram ecosystem.$TON
#Ethereum(ETH) is seeing an increase in institutional adoption, such as the $3.5 billion investment from BlackRock and the launch of Benji by Franklin Templeton, which reflects its growth potential and its fundamental role in the tokenization initiatives of Decentralized Finance (DeFi).
$DOGE Dogecoin (DOGE), the largest and oldest memecoin in its category, could reach a price of 1 dollar in 2025 according to estimates from Galaxy, an investment fund management firm.
If this goal is achieved, DOGE would surpass a market capitalization of 100 billion dollars, a level it has not reached until now, the company points out.
DOGE's relationship with public figures, particularly Elon Musk, has been highlighted as a key factor in its historical valuation.
Did you know that $bio is giving away 100 tokens? To claim them, you must enter with my referral link... this way we help each other. #BioCoin https://bio-drop.com/?ref=dt46n Link