These Challenges Affect Institutional Crypto Adoption Strategies (Survey)

A new survey by the blockchain infrastructure provider P2P.org has unveiled some challenges and trends affecting institutions’ crypto adoption strategies. It also highlighted opportunities that institutions could explore to adapt to the evolving practices in the crypto industry. The survey included participation from more than 15 institutional players, with intermediaries, investment funds, and venture capital funds making up 46%, 31%, and 23% of the respondents, respectively. It is worth mentioning that intermediaries in this context refer to companies that manage assets on behalf of others, while institutions as a whole are those with large total value locked. Trends Affecting Institutional Crypto Strategies According to the results sent to CryptoPotato , 33.4% of respondents said the biggest challenge faced by their company is integrating new crypto yield products aligned with their risk tolerance. Another 13.3% revealed that regulatory compliance affects their ability to incorporate new products in their offerings. Additionally, 6.67% of the participants said it is difficult to find the right strategy for allocating crypto assets, while another 6.67% disclosed that integrating multiple yield solutions at a go has been a big challenge. Interestingly, 6.67% of the respondents attributed their biggest challenge to custodians limiting product functionality, while the remaining 33.29% mentioned other challenges not outlined in the report. P2P.org identified risk as a recurring theme during the interviews, and it was mentioned across multiple levels, including technology, operations, and regulation. For technology, the respondents insisted that smart contracts pose a risk to their organization’s security and reliability. Challenges In Operations and Regulation In operations, the surveyees explained how certain blockchain mechanics could affect the movement of funds across industries. For instance, withdrawing funds from staked tokens could make the assets unavailable for some time, limiting how quickly capital can be redeployed to other business areas. When it came to regulation, the participants disclosed that one of their biggest challenges was integrating a new product that was in line with the regulatory guidelines for their business region. “The involvement of legal and compliance team here is critical to assess the exact risk factor. As reported in one of the interview, failing to correctly assess the regulatory layer can affect the resources allocated to a new product initiative, which might later be deemed unacceptable by regulatory authorities,” P2P.org stated. With regulatory requirements posing a significant challenge, these institutions are facing limitations in product integration and innovation. The post These Challenges Affect Institutional Crypto Adoption Strategies (Survey) appeared first on CryptoPotato .

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Dogecoin Whales Accumulate 250 Million DOGE, Raising Speculation About Potential Price Movements

Dogecoin whales are accumulating massive amounts of DOGE, sparking speculation about a potential rally fueled by strong institutional interest. Recent whale transactions, including a notable purchase of 250 million DOGE,

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Trump Pitched ‘Massive’ $280 Trillion Price Bitcoin Reserve To Save The Dollar

Donald Trump has been pitched a "capital markets renaissance fueled" by bitcoin to "unlock trillions in wealth"...

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PENGU Coin, Shiba Coin, and WIF Coin Show Mixed Market Trends

PENGU Coin shows mixed trends following a significant airdrop. Shiba Coin remains stable, but faces challenges in reclaiming previous highs. Continue Reading: PENGU Coin, Shiba Coin, and WIF Coin Show Mixed Market Trends The post PENGU Coin, Shiba Coin, and WIF Coin Show Mixed Market Trends appeared first on COINTURK NEWS .

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DOGE to the Moon or the Ground? Dogecoin Creator Breaks Silence on 2024 Forecast

Dogecoin (DOGE) creator reveals truth where meme coin price will be end of year

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Ethereum Price Drops 12% As Spot ETFs Witness Significant Net Outflows

The Ethereum price has been a joy to watch in recent weeks after initially struggling to keep pace with other large-cap cryptocurrencies. However, the past week will be a quick one to forget for the crypto market, especially the altcoin, which declined in value by over 12%. While this price slump experienced by Ethereum has been linked to the US Federal Reserve rate cut, the recent drab performances of the spot ETH exchange-traded funds (ETFs) could also be associated. After a lengthy spell of positive inflows, investor interest in the US-based ETH ETFs seems to be losing momentum. Spot ETH ETFs Snap 18-Day Positive Inflows Streak According to data from SoSoValue, the US-based spot Ethereum ETFs logged a total net outflow of $75.11 million on Friday, December 20. This marked the first time the Ethereum funds would be registering back-to-back negative performances. On Thursday, December 19, the Ethereum exchange-traded funds recorded a total net outflow of $60 million. This single-day performance put an end to the ETH ETF’s 18-day streak of positive inflows and the first negative day in December for the products. Related Reading: XRP Could Be The Altcoin To Recover Quickly, CryptoQuant Analyst Explains Why Surprisingly, BlackRock’s Ethereum Fund (with the ticker ETHA) was the only spot ETF that recorded outflows on Friday. According to market data from SoSoValue, the ETHA exchange-traded fund posted nearly $103.7 million to close the week. Meanwhile, Fidelity’s Ethereum Fund (with the ticker FETH) recorded $12.95 million in net inflow on Friday. Grayscale’s Ethereum Trust (ETHE) and Mini Trust (ETH) were the only other ETFs that registered positive inflows on the day, with $7.51 million and $8.10 million, respectively. These back-to-back days of negative performances saw a net $135 million flow out of the ETH exchange-traded funds in just two days in the past week. However, the crypto products finished with a weekly total net inflow — for the fourth consecutive week — of $62.73 million. Similarly, the spot Bitcoin ETFs appear to be losing interest from investors, as most funds recorded outflows to close the past week. The crypto products registered a daily net outflow of approximately $276 million on Friday. Ethereum Price As of this writing, the Ethereum price stands at around $3,342, reflecting a 2.4% decline in the past 24 hours. Given their impact on the value of ETH, it might be important for the spot ETFs to return to positive inflows if the Ethereum price is to see any relief. Related Reading: Bitcoin Drops Below $98K—Is This the Perfect Buying Opportunity for Investors? Featured image from iStock, chart from TradingView

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Dogecoin whales invest $80M: What this means for DOGE prices

Dogecoin whales are accumulating massive amounts of DOGE, sparking speculation about a potential rally.

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Trump Fires Powell (TRUMPPOW) Solana Memecoin Will Surge 15,000% Before Exchange Listing, While SHIB, WIF and PEPE Fall

o Trump Fires Powell could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Trump Fires Powell (TRUMPPOW), a new Solana memecoin that was launched today, is set to explode over 15,000% in price in the coming days. This is because TRUMPPOW is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Trump Fires Powell can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Trump Fires Powell could become the next viral memecoin. Trump Fires Powell launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. How to Buy To buy Trump Fires Powell on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Trump Fires Powell by entering its contract address – FWmVybuoRxJ79ZDHJ3Y8efeYsHsKL4qMNwJP8rCDsfmB – in the receiving field. If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others. In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like TRUMPPOW. Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.

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Models Show Ethereum Promise Even After This Weeks 12% Decline

Ethereum’s recent 12% drop has not shaken analysts’ confidence in its long-term potential. Currently trading at $3,38, Ethereum has shown resilience amidst market volatility, supported by trading volumes of $28.68 billion. Despite short-term bearish sentiment, two key models—the Block Subsidy Model and the Mayer Multiple—indicate that Ethereum could still achieve significant growth in this cycle, with price targets ranging from $7,200 to $11,433. Block Subsidy Model Highlights $11,433 Target The Block Subsidy Model evaluates Ethereum’s value relative to its thermocap, or the cost of production. Previous cycles revealed Ethereum’s highs reached multiples of its thermocap—64x in its first cycle and 32x in the second. If this diminishing returns trend continues, the current cycle’s peak is projected at 16x the thermocap. Ethereum Block Subsidy | Credit: Valdrin Tahiri/ Glassnode Currently trading between the 8x and 16x thermocap multiples, Ethereum has historically initiated its steepest growth phase upon breaking above the 8x level. Analysts calculate this level at $5,716, while the 16x multiple sits at $11,433. This model suggests Ethereum has ample room to grow, with the likelihood of setting new all-time highs during this cycle. Mayer Multiple Indicates Expansion Phase The Mayer Multiple tracks Ethereum’s price against its 200-day moving average (MA), using multipliers to identify overbought or oversold conditions. Previous cycles saw Ethereum’s peaks above the 2.4x multiplier and lows below the 0.8x multiplier. Ethereum Mayer Multiple | Credit: Glassnode ETH has already tested the 0.8x level twice during this cycle—in June 2022 and September 2024—mirroring patterns from previous cycles. The current 2.4x multiplier, set at $7,200, acts as a significant milestone. Should Ethereum follow historical trends, this level will serve as a benchmark for a new all-time high. Ethereum (ETH/USD) Short-Term Technical Outlook While long-term growth indicators remain positive, Ethereum ’s short-term outlook faces hurdles. A persistent downward trendline is capping bullish momentum near $3,400. This trendline intersects with a supply zone at $3,500 to $3,555, previously a support level but now acting as resistance. Ethereum Price Chart – Source: Tradingview Immediate support lies at $3,252, with additional levels at $3,097 and $2,940. Breaking above $3,555 could trigger bullish momentum, while a failure to breach this level might lead to further consolidation or declines. The RSI stands at 41, signaling a neutral-to-bearish sentiment. Key Insights: Resistance Levels: $3,555 supply zone and downward trendline limit immediate upside potential. Support Levels: Key support at $3,252, with further safety nets at $3,097 and $2,940. Long-Term Outlook: Models project Ethereum’s peak between $7,200 and $11,433. $BEST Wallet Raises Nearly $5.30M: Time-Sensitive Investment Opportunity Best Wallet is transforming the Web3 space by supporting thousands of cryptocurrencies across 50+ major blockchains, including Bitcoin and Ethereum. The platform’s user-friendly tools allow for the buying, selling, and swapping of both same- and cross-chain assets—without the need for KYC verification—making it a preferred choice among crypto users. The $BEST token presale has now raised an impressive $5.30 million, with just less than 24 hours remaining before the next price increase. Tokens are currently priced at $0.0233, presenting an accessible entry point for early investors. Why Invest in $BEST? Utility-Driven: Designed for DeFi, staking, and seamless token claims. Expanding Ecosystem: Partnerships with trending platforms like Pepe Unchained. Engaged Community: Active participation across Twitter and Telegram. Best Wallet combines practical features with a growing ecosystem, positioning itself as a standout player in Web3. Secure your $BEST tokens before the price increases! The post Models Show Ethereum Promise Even After This Weeks 12% Decline appeared first on Cryptonews .

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Metamask-Mastercard crypto debit card faces backlash: Is it the future of crypto payments?

A few days after Metamask and Mastercard came together to launch a pilot program for a crypto debit card in the US, crypto purists are not having it. A large section is criticizing the move, saying that it undermines the ethos of cryptocurrency. With the debit card, users can spend directly from their Metamask wallets, simplifying crypto transactions. They can convert their crypto into fiat currency in real-time as they transact through Linea, a speedy layer-2 network from Ethereum. Disgruntled crypto stakeholders raise concerns The launch of the Metamask debit cards has raised serious concerns among crypto users . They argue that the card’s structure negates decentralization and financial freedom, key pillars of cryptocurrency. According to disgruntled crypto users, the card will box its users to traditional banking systems. Muna O., a crypto purist, asked, “Wasn’t the whole ethos of crypto to provide an alternative system to fiat?” while highlighting the contradiction. The partnership with Mastercard is seen as an attempt to undermine the autonomy on which cryptocurrency is premised. There are also concerns about security, more so with centralized systems. Johana Castellanos, a blockchain analyst, called for sophisticated security measures rather than relying on what is currently there. Johana pointed out that Metamask’s wallet has endured frequent attacks. The cost associated with the debit card has also been mentioned. There are fears that the percentage swap fee might be high, around 6 to 9%. Because the card will be unregulated, it will attract juicy fees for Metamask and Mastercard to reap while hurting the users, contrary to the promise of crypto. Metamask and Mastercard have high hopes for pilot program The rollout of the card in the US follows earlier rollouts in the EU, UK, Brazil, Mexico, and Colombia with eligible currencies including USDC, USDT, and WETH. The Metamask card was promoted as a way to avoid the hustle of transferring cryptocurrency to a bank or centralized exchange before spending. The partnering entities argue that the card will boost the public adoption of cryptocurrency. On one hand, Metamask has robust security features to ensure the card is tamper-proof and difficult to hack. On the other, Mastercard has a wide merchant network, giving the card fast, cheaper and secure spending. Lorenzo Santos, Senior Product Manager at Consensys said, “ Metamask card pilot gives people more freedom to spend crypto. Metamask card represents a major step to removing the friction that has traditionally existed between the blockchain and real-world commerce.” From Zero to Web3 Pro: Your 90-Day Career Launch Plan

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