Investors’ increased interest in token creation demonstrates their readiness to back what many consider to be the best new cryptocurrency. Toncoin, Solana, and 1Fuel are the most prominent options for 2025. Despite the fact that Solana and Toincoin have advanced their ecosystem in no small way, 1Fuel easily stands out as the best investment choice due to its novel and cutting-edge features, affordable entry fee, and long-term development potential. An automatic bonus of 20% is added on all purchases, as the token goes for an extremely undervalued price of $0.015. 1Fuel grants early backers a unique opportunity to build an investment portfolio in the new wave of cryptocurrency adoption. The qualities that set 1Fuel apart from Solana and Toncoin are revolutionary. The stressful hassle of having to hop across wallets has been the most challenging of the many issues investors encounter in managing their crypto portfolios. The distinctive qualities of 1Fuel over Solana and Toncoin are revolutionary. The stress of having to hop from wallet to wallet has been one of the many issues investors encounter in managing their crypto portfolios. The 1Fuel ecosystem tackles this issue, providing comfort for investors and reducing the need to spend so much on network fees, as they trade their assets across many blockchains. This, above all else, makes it an unrivaled system that is set to revolutionize how crypto transactions are conducted in the industry. 1Fuel creates room for a broad range of users by opening its doors to inexperienced and expert traders alike. Although Toncoin and Solana provide firm network security protocols, 1Fuel incorporates offline storage and privacy-focused technologies more thoroughly than any of them. These features allow users to have complete control over their crypto assets, protecting them from hackers and unlawful access. 1Fuel’s affordability gives room for quality purchase An advantage that 1Fuel has over Solana and Toncoin is its affordability. While Toncoin is currently trading at $5.28, and Solana at $186.33 , 1Fuel token is priced at $0.015 giving investors a chance to acquire more tokens. This cheap entry point allows more individuals to join in the cryptocurrency revolution, with analysts predicting a 100x growth in value after launch. With analysts projecting a 100x increase in value following debut, this low entry cost enables more people to participate in the cryptocurrency revolution. 1Fuel is an unparalleled chance for investors looking for the top cryptocurrency exchange platforms that will allow them to realize substantial profits. Join a project that is revolutionizing utility-driven blockchain innovation to avoid falling behind. Real-world utility and long term growth 1Fuel is making a unique stance from its competitors in the crypto space due to its carefully designed ecosystem. Out of the 1 billion tokens for sale, half has been set aside for operational costs, marketing and platform development. Additionally, 40 million tokens are set aside for staking incentives, which encourage long-term holding by providing an annual percentage return (APR) of up to 30%. A community treasury, trading rewards, and incentives for liquidity providers all contribute to the ecosystem’s sustainability and growth. This feature, together with its peer-to-peer exchange, positions 1Fuel as a pioneer in encouraging the broad use of cryptocurrencies. Considering that Toncoin and Solana lack the same level of integration with practical applications, 1Fuel is the most forward-thinking option for investors. Conclusion: Don’t miss your chance to invest in 1Fuel Due to its inventiveness, security, and affordability, 1Fuel is possibly the best new cryptocurrency for 2025. As the presale continues to grow in popularity and has now raised over $1 million, the chance to get 1fuel tokens at the best price is almost ending. Don’t delay! Get 20% more value when you buy your 1Fuel tokens now, while they’re still only $0.015. For more information about 1Fuel, please refer to the following links. Presale: https://www.1fuel.io/ Telegram: https://t.me/Portal_1Fuel X: https://x.com/1fuel_?s=2 Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .
The crypto industry, valued at $3.6 trillion, is gearing up for its first major M&A phase as global dealmaking to surge over $4 trillion in 2025. Table of Contents Change is coming Regulatory shifts – a catalyst for crypto M&A Consolidation – crypto’s evolution under new conditions What do experts think? The road ahead Change is coming The global economy is preparing for a year of intensified dealmaking, with mergers and acquisitions (M&A) expected to surpass $4 trillion in 2025 — the highest level in four years. The projection comes against a backdrop of economic stability and anticipated regulatory shifts, driven by President-elect Donald Trump’s promises of a pro-business agenda, promising deregulation, lower corporate taxes, and eased antitrust enforcement. Antitrust enforcement, in particular, is expected to benefit sectors like technology, finance, and retail, which have historically driven M&A volumes. However, the often-overlooked crypto industry could also find itself at the centre of this activity. The crypto sector, valued at over $3.6 trillion as of Jan. 17, has historically seen minimal consolidation compared to traditional industries, largely due to regulatory uncertainty. Hence, it is uniquely positioned to capitalize on these broader economic tailwinds. Let’s understand how. Regulatory shifts – a catalyst for crypto M&A In M&A, regulation is often the deciding factor between stagnation and growth. Under the Biden administration, crypto companies faced a challenging environment marked by heightened scrutiny and restrictive policies. The SEC, led by Gary Gensler, pursued aggressive enforcement, leaving many firms cautious about expansion or acquisitions. However, with President-elect Trump’s promise of deregulation and a leadership overhaul at the SEC, the crypto sector could witness its first major wave of dealmaking. The potential impact of regulatory changes can be understood by examining recent trends in traditional markets. In 2024, leveraged buyouts surged by 35%, reaching $600.8 billion, as private equity firms capitalized on improved financing conditions and reduced oversight. These deals often target undervalued companies, providing a framework for how similar activity could unfold in crypto. For instance, smaller crypto exchanges or blockchain infrastructure firms struggling under regulatory pressures could now become attractive targets for acquisition. Moreover, the global rise in M&A volumes — up 15% year-on-year to $3.45 trillion in 2024. The U.S., which accounted for $1.55 trillion of this activity, saw a notable increase in deal sizes, with 37 transactions exceeding $10 billion. In the crypto context, this could translate into major crypto players pursuing acquisitions to consolidate market share, diversify offerings, or enter new regions. The implications extend beyond acquisitions. Regulatory clarity also sets the stage for long-awaited crypto IPOs. The IPO market underperformed in 2024, with $110.6 billion raised globally, but a shift in SEC policies could reverse this trend. Companies like Ripple ( XRP ), Kraken, and Circle, the company behind USDC ( USDC ), which have long sought public listings, might finally find a path forward. Consolidation – crypto’s evolution under new conditions Consolidation marks a key transition for industries moving from fragmented competition to structured maturity. In 2025, the crypto industry could enter this phase. Hunter Horsley, CEO at Bitwise Asset Management, in a recent tweet, noted, “The big may get bigger, and the middle may shrink,” referring to the ability of dominant players to leverage their market power in a deregulated environment. Trump administration may unfreeze M&A. Large corporates — mag 7, etc — may finally be able to wield their market cap. Amazon could buy Instacart. Google could buy Uber. etc etc The big may get bigger, and the middle may shrink. If that happens, I think it will accelerate… — Hunter Horsley (@HHorsley) January 5, 2025 If companies like Amazon or Google can easily pursue acquisitions such as Instacart or Uber, it will induce a broader trend where the largest players consolidate resources while mid-sized firms struggle to keep pace. For crypto, the implications are twofold. On the one hand, the conceptual appeal of decentralization — the foundation of crypto — could gain greater relevance. As large corporations grow more centralized, consumers may gravitate toward decentralized finance platforms as an alternative to systems they perceive as overly controlled. On the other hand, the sector could experience its own wave of consolidation. Crypto giants might target smaller, regionally focused competitors to increase their global footprint, enhance liquidity, or acquire cutting-edge technology. To understand this, we can look at patterns in traditional markets. In the early 2000s, search engines, once numerous, coalesced as Google emerged as the dominant player, acquiring smaller competitors to refine its offerings and consolidate market share. Similarly, in crypto, larger players like Binance or Coinbase might leverage acquisitions to strengthen their dominance, streamline services, and expand into underserved regions. Much like the broader fintech trend, where companies such as Stripe acquired smaller firms like Bridge for $1.1 billion to enhance their infrastructure. Major crypto stablecoin issuers might pursue similar moves to secure better scalability and compliance solutions. Stablecoins have become a key component of the crypto economy, with lifetime transactions exceeding $233 trillion as of Jan. 17. However, when excluding “inorganic” activity, such as transactions by bots and automated systems, the total volume is over $17 trillion. As a result, major stablecoin issuers like Tether ( USDT ) or Circle may seek to acquire smaller providers to boost their dominance in cross-border payments or tap into specific geographic markets where adoption is growing. The potential for consolidation in crypto is vast, but its implications go beyond market efficiency or competitive advantage – where the industry begins to align with broader economic trends while retaining its unique focus on decentralization. What do experts think? To understand the potential impact of M&A activity on the crypto industry under the Trump administration, crypto.news spoke with Lucas Zhang, a private equity investor and CEO of EPAL. Loosening regulatory constraints Zhang began by addressing how the Federal Trade Commission and Department of Justice might adapt their approach to reviewing crypto mergers. “With a pro-business administration, we’re likely to see a more lenient stance on mergers, particularly in innovative industries like crypto.” This leniency, he noted, would likely hinge on how deals contribute to broader goals such as job creation, global competitiveness, and blockchain’s role in securing financial systems. Zhang also talked about cross-border payments as a key area that might influence how regulators evaluate the strategic value of crypto-related mergers. “Blockchain’s decentralized nature reduces fraud and streamlines international transactions—traits that align with modern economic priorities.” The risk of monopoly A more relaxed regulatory environment also raises concerns about monopolistic behaviour in crypto, particularly in concentrated sectors like exchanges, stablecoins, and custodial services. Zhang pointed to giants’ dominance in key regions as a cautionary example. “In the APAC region, Binance has faced scrutiny for dominating the exchange market, which raises concerns about its control over global liquidity and its potential to stifle smaller competitors. In the EU, the growth of stablecoins like Tether has led to questions about the systemic risk they could pose, particularly as their dominance in the market could reduce diversity in the financial ecosystem.” To address this, Zhang proposed a balanced approach, inspired by Japan’s regulatory framework, as a model for U.S. regulators. Zhang noted. “A country like Japan offers a good example of how regulators can strike this balance. Japan has developed a relatively balanced regulatory framework for cryptocurrency, promoting innovation through clear, supportive laws while ensuring that platforms adhere to strict anti-money laundering (AML) and consumer protection standards.” Startups: hope or hostage? For startups, Zhang stressed that M&A activity is a double-edged sword. He said: “On the positive side, acquisitions can provide startups with capital, resources, and access to larger markets, allowing them to scale more effectively. However, there is also a significant risk of consolidation stifling innovation.” However, he also warned of the risks. “On the other side, Dominant players might acquire smaller firms merely to neutralize competition, reducing diversity in the ecosystem.” Some platforms, especially those centred on AI and decentralized infrastructure, show how smaller companies can still innovate and grow in a more consolidated industry. However, regulators need to ensure that these startups have the space to continue innovating and expanding, even as larger players gain more market power. Strategic targets Zhang identified blockchain infrastructure providers, web3 platforms, and compliance solutions as the most likely acquisition targets for traditional financial institutions. “These firms are prime targets because they offer the technology and frameworks needed to bridge the gap between traditional finance and the emerging blockchain ecosystem. By acquiring such companies, institutions can accelerate their digital transformation, gain access to cutting-edge decentralized technologies, and ensure they meet the growing regulatory demands of the crypto space.” For example, compliance technologies that streamline onboarding and improve transaction monitoring are particularly valuable as institutions seek to integrate blockchain solutions. Zhang also noted the growing appeal of AI-powered platforms in the crypto space. “Innovations that enhance operational efficiency and expand service offerings will naturally attract interest, especially as institutions look to modernize their operations.” The road ahead Regulatory clarity under the Trump administration is expected to unlock new confidence among investors, particularly in high-growth crypto sectors like decentralized finance and blockchain infrastructure. With clearer rules, venture capital and private equity firms can move decisively, channelling resources into technologies that bridge traditional finance and decentralized systems. This influx of capital could drive innovation, scalability, and broader adoption. However, the risks of unchecked consolidation loom large. When dominant players absorb smaller competitors, market diversity shrinks, leaving innovation vulnerable to stagnation. Over-centralization could also amplify volatility as the industry becomes reliant on a few major entities for liquidity and infrastructure. The challenge lies in maintaining equilibrium. Effective oversight must encourage investment and collaboration without undermining the decentralization ethos that makes crypto unique.
So far, Donald Trump’s re-election has been a major win for the digital assets industry and for cryptocurrency investors, with the January 20 inauguration poised to further the positive trend. Amidst the strong – if sometimes choppy rally – more than just uninvolved bystanders benefited significantly. Indeed, the incoming Vice President, J.D. Vance , is known as something of a Bitcoin ( BTC ) hodler . As Finbold previously reported in July, 2024, Vance might have held up to $250,000 worth of BTC at the time and early November estimates place the stake as high as $500,000 but no lower than $250,000. Shortly ahead of election day, on November 1, Bitcoin was changing hands at about $69,500, which, assuming the upper bound of the estimate is closer to the truth, the Vice President-Elect owned approximately 7 BTC. Here’s how much J.D. Vance made with his Bitcoin investment since November Donald Trump’s re-election led to a substantial rally for the world’s premier cryptocurrency and took its price to highs above $106,000 by December 17. Such a situation meant that Vance’s Bitcoin holding reached an all-time high value of approximately $742,000 on the day. This means that America’s new second man made about $250,000 in a month and a half – a Vice President’s annual salary. Furthermore, despite the New Year Bitcoin price drop and subsequent market struggles, the latest rally to $102,736 – driven by reports that Trump intends to make cryptocurrency a national priority as soon as he assumes office – means that Vance’s BTC holdings are still worth approximately $720,000 – 44% more than on November 1. BTC 6-month price chart. Source: Finbold Trump’s digital assets soar as inauguration day approaches Finally, despite not owning Bitcoin itself – and despite most of his crypto probably coming from teams seeking exposure by interacting with the President-Elect – Donald Trump himself benefited significantly from the digital assets rally. Still, the most interesting facet of his portfolio – and the one that did the most to raise its value from $11 million on January 10 to $17 million on January 17 – is its largest holding, the meme coin Trog (TROG), which enjoyed a 112% rally in the last 7 days. Featured image via Shutterstock The post Here’s how much JD Vance’s Bitcoin investment is up since Trump won appeared first on Finbold .
The Consumer Price Index rose to 2.9%, matching expectations, while core CPI dropped to 3.2%. This was generally positive for markets. The data indicates a slowdown in inflation, which has led to price increases for major altcoins such as Solana (SOL) and Ethereum (ETH). Interest in DTX Exchange (DTX) , a new DeFi cryptocurrency, has also surged. Its rise in popularity can be attributed to its unique hybrid trading platform—a fusion of CEX and DEX—and its potential to revolutionize the $10 billion global trading market. Experts are touting it as the next token with the potential for 100x growth. Is DTX Exchange (DTX) the Next Big 100X Opportunity? DTX Exchange (DTX) is a new altcoin making waves at the crossroads of DeFi and TradFi. Its appeal stems from its unique selling point—a hybrid trading structure that combines key elements of centralized and decentralized exchanges. With its VulcanX blockchain, DTX aims to close the gap between traditional finance and decentralized finance. It plans to be the first crypto-native platform to offer traditional assets like stocks, forex, ETFs, and commodities. Some of its standout features include wallet-based trading, non-custodial storage, and distributed liquidity pools—making it a new DeFi project to monitor. As the platform gears up for mainstream acceptance, its presale is moving quickly, having raised over $11.8 million in no time. Currently, tokens are priced at $0.14 in the seventh stage of the ICO, and it's anticipated to see a 100x increase after Tier-1 exchange listings. As a low-cap investment with strong fundamentals, it is considered one of the best new cryptos to invest in, surpassing major coins like Solana (SOL) and Ethereum (ETH). Solana (SOL): Climbing Above the $200 Mark Solana (SOL), a Layer-1 cryptocurrency, has been among the top performers this week. After dipping below $180 earlier, the bulls have taken charge. Currently, Solana's price is trading above $205, turning a significant resistance into support. Further gains are anticipated, backed by key indicators such as the 10-EMA and 10-SMA. Analysts are optimistic about its performance in the first quarter. undeadcat1or0, a renowned crypto analyst, predicts Solana (SOL) could reach $420 and $690 before the next token unlock in March. Wifichecks, another expert, forecasts the altcoin to hit $300 to $320 between the first and second week of February. While it's considered a solid buy, its large market cap limits its growth potential, making new altcoins like DTX Exchange (DTX) more intriguing. Ethereum (ETH): Approaching the $4,000 Milestone? Ethereum (ETH) has responded well to the latest CPI figures, climbing alongside the broader crypto market. It's nearing $3,500, with a breakout expected soon. Surpassing this level could enhance investor confidence and help break past the $4,000 resistance swiftly. Based on its recent performance, Trader_Matt, a leading analyst, anticipates a surge above $4,100, potentially reaching its all-time high of $4,800. Tradermayne also shares this optimism, expecting Ethereum (ETH) to surpass $4,000 in the first quarter, making it one of the top cryptos to consider. These projections are supported by indicators like the 20-VWMA and 9-HMA. However, as the second-largest cryptocurrency, Ethereum's growth potential is somewhat constrained, directing attention to lower-cap options like DTX, which offer more room for expansion. DTX Exchange (DTX): A More Attractive Option Than Solana (SOL) and Ethereum (ETH) With its smaller market size, DTX Exchange (DTX) presents more growth potential compared to Solana (SOL) and Ethereum (ETH). It also boasts strong fundamentals, set to transform the global trading landscape through its hybrid model. As the bull market progresses, it is one of the new altcoins to keep an eye on. For more details on DTX Exchange (DTX), check the links below: Buy Presale Visit DTX Website Join The DTX Community Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.
CPI rose to 2.9%, in line with expectations and core CPI fell to 3.2%; overall, it was good for markets. The CPI data shows cooling inflation, pushing the prices of top altcoins like Solana (SOL) and Ethereum (ETH) upward. Interest in DTX Exchange (DTX) , a new DeFi crypto, also skyrocketed. Behind the rising demand are its unique hybrid trading platform—a blend of CEX and DEX—and its potential transformation of the $10 billion global trading scene. Its impending adoption has sparked bullish forecasts, hailed by experts as the next 100x token. DTX Exchange (DTX): The Next 100X Coin? DTX Exchange (DTX) , a new altcoin at the intersection of DeFi and TradFi, basks in the spotlight. Its unique narrative—a hybrid trading platform—and combination of the best elements of centralized and decentralized exchanges drive huge interest and demand. Through its unified blockchain, VulcanX, DTX aims to bridge the gap between TradFi and DeFi. It will be the first crypto-native platform to offer conventional financial instruments like stocks, forex, ETFs and commodities. Some of its key features will include wallet-based trading, non-custodial storage solutions and distributed liquidity pools—a new DeFi project to watch out for. Given imminent adoption, it has been selling out fast in presale, crossing $11.8 million in raised funds in record time. Meanwhile, a token costs just $0.14 in the seventh round of the ICO and is tipped for a 100x upswing after Tier-1 exchange listings. With plenty of room to run as a low-cap with solid fundamentals, it is arguably the best new crypto to invest in, edging out top crypto coins like Solana (SOL) and Ethereum (ETH). Solana (SOL): Breakout Above the $200 Resistance The Layer-1 crypto Solana (SOL) has been one of this week’s top gainers. Since falling below $180 on Monday, the bulls have been on a roll. As of press time, the Solana price trades above $205, flipping a key resistance to support. Meanwhile, further gains are anticipated, supported by key indicators like the 10-EMA and 10-SMA. At the same time, experts are optimistic about a good run in Q1. undeadcat1or0, a crypto analyst on X, believes there is plenty of time for Solana (SOL) to hit $420 and $690 before the next token unlock in March. Wifichecks, another expert, sees the altcoin reaching $300 to $320 between the first and second week of February. While it is a good crypto to buy, its large market cap leaves little room for growth, making new altcoins like DTX Exchange (DTX) more appealing. Ethereum (ETH): Is $4,000 Close? Ethereum (ETH) reacted positively to the latest CPI data, soaring alongside the overall crypto market. An inch away from $3,500, a breakout is expected any moment. Flipping this level will undoubtedly boost investors’ confidence, crossing the $4,000 resistance in no time. Following its latest performance, Trader_Matt, a top analyst, sees a rally above $4,100 and its all-time high—$4,800—as a high probability. Tradermayne, also optimistic, expects Ethereum (ETH) to trade above $4,000 in Q1, positioning it among the top cryptos to buy. Meanwhile, these forecasts are supported by key indicators like the 20-VWMA and 9-HMA. However, as the second-largest cryptocurrency, ETH’s upside potential is limited, shifting interest to low-caps like DTX with plenty of room for growth. DTX Exchange (DTX): A More Compelling Crypto Pick Than Solana (SOL) and Ethereum (ETH) Given its low market size, DTX Exchange (DTX) has more room to run than Solana (SOL) and Ethereum (ETH). Besides, it boasts solid fundamentals, poised to reshape the global trading scene via a hybrid model. As the bull market unfolds, it is one of the new altcoins to watch out for. Find out more information about DTX Exchange (DTX) by visiting the links below: Buy Presale Visit DTX Website Join The DTX Community Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Merely days before his inauguration, President-elect Donald Trump is at the centre of another controversy; but this time it involves Ripple and XRP. The New York Times reported that when Ripple executives met with Trump on January 8, they “advised” him to add XRP alongside Bitcoin in the proposed federal crypto reserve. Did Trump say anything close to yes? Absolutely not. Chatter made rounds around the crypto community today, saying that Trump was “receptive” to Garlinghouse’s suggestions. Several sources, including Ripple Labs attorney Stuart Alderoty and pro-XRP lawyer John Deaton, have dismissed every bit of the speculative comments. So, where did the rumors come from? Well, your guess is as good as ours. Wow, unnamed sources? Here’s a named source: me. The rumors published by this 3rd-tier crypto rag are pure fiction. Completely made up. Wonder who’s behind this? 🤔 — Stuart Alderoty (@s_alderoty) January 16, 2025 On the backdrop of the falsified news, XRP, the crypto tied to Ripple, skyrocketed to a seven-year high of $3.40. XRP naysayers are livid that the token is experiencing an upward trend because of Ripple’s association with the White House. And while this maybe true, isn’t the rest of the cryptocurrency market, particularly Bitcoin, trading on positives too? It’s harsh to pin XRP’s recent price charge all on Trump. Did Trump and Ripple sign a deal at Mar-a-Lago? Earlier this month, Ripple CEO Brad Garlinghouse, attorney Alderoty and Trump had a private dinner at the incoming POTUS’s Mar-a-Lago estate. The New York Times revealed on Thursday that in the meeting, Garlinghouse proposed a creation of a U.S. federal crypto reserve that would include XRP alongside Bitcoin. Ripple did not publicly confirm the news, but Susan Hendrick, Ripple’s senior director of communications, admitted that Garlinghouse had indeed pitched the idea. Unnamed sources slightly twisted Hendrick’s statements, claiming that Trump was “receptive” to the idea; The New York Times did not corroborate Trump’s receptiveness. The unverified sources now claim that it’s Ripple themselves who started the rumors. Since the year started, Brad Garlinghouse has been making a series of cryptic social media posts targeted towards the White House. In one post on X, he hailed 2025 as the beginning of a “Trump bull market” and talked about Ripple’s renewed focus on the US market. But here’s the addendum. 2025 is here and the Trump bull market is real. For Ripple, this is even more personal after Gensler's SEC effectively froze our business opportunities here at home for years. The optimism is obvious and very deserved. Today: ✅75% of Ripple’s open roles are now US-based, while… — Brad Garlinghouse (@bgarlinghouse) January 5, 2025 Garlinghouse pointed out that Ripple had shifted 75% of its hiring to the United States and secured more domestic deals in the last six weeks of 2024 than in the previous six months. It does sound like he’s seeking some sort of a “thumbs up.” from the incoming administration. And we haven’t even gotten to Ripple’s donations to Trump’s Inauguration yet. Unverified sources cited by Axios claim donors are giving money to the 47th President, hoping to get something in return. Trump, as we have known for aeons, has an unpredictable nature, so these efforts are all a huge gamble. Again, for a company that has battled regulatory uncertainty under the Securities and Exchange Commission (SEC) for years, the timing of these announcements, are anything but coincidental. But one thing is almost certain; SEC isn’t winning the case against Ripple after January 20. Ripple will thrive, but not entirely because of Trump Netizens see Ripple’s rumored overtures to Trump as vying for favor with the president-elect. But we all know Trump can’t be bought; he would rather pursue his own agenda than anyone else’s, even with money at the table. That said, the company is in the midst of an ongoing battle with financial regulator SEC, led by outgoing chairman Gary Gensler. If a favorable ruling towards the new stablecoin issuer, or even the dismissal of the lawsuit under a new SEC leadership, takes place, XRP will turn “good” in the eyes of investors. Gensler, very much on brand – completely dismissive of the 2024 election and the American public – fully commits to his failed ‘regulation-by-enforcement agenda to the bitter, bitter end. #Sad https://t.co/1FEzB8d13o — Brad Garlinghouse (@bgarlinghouse) January 14, 2025 Pro-XRP lawyer Deaton, through a post on X, noted how XRP’s resurgence has reignited old rivalries and narratives. XRP is outperforming major Bitcoin and Ethereum in the US, which Deaton believes some members of the community hate, what he termed as “crypto tribalism.” “ My God, if XRP gets close to flipping ETH, some people might just lose their minds on CT and YouTube, ” he reiterated. This rivalry isn’t unique to XRP, Deaton explained. “ As BTC goes higher, you will witness people opposed to BTC become angry and jealous and spread FUD…Tribalism is real. ” Let me get this straight: Someone, not present at the meeting, admitted to someone else that he/she was speculating at what COULD’VE POSSIBLY been said at the dinner between @realDonaldTrump @bgarlinghouse & @s_alderoty . 🤔 This is why we have rules of evidence in Court. In… https://t.co/sEGvJ5H3Ql — John E Deaton (@JohnEDeaton1) January 17, 2025 The US veteran, however, appreciated the community for backing his efforts of suing the SEC after seeing he wasn’t just fighting for Ripple, it was for the whole crypto industry, “ When people realized my efforts were really about fighting the SEC’s gross overreach—and that I wasn’t a paid plant for Ripple—things did change ,” Deaton remarked. “ People in the industry have been great to me. “ From where we stand, the future of XRP, Trump and Ripple is not entirely clear, but certain individuals are willing to take the company down and alongside it, President-elect Trump’s plans. However, we all know how hard it is to keep the latter down, so maybe, just maybe, Ripple also has its best fighting chance too. Land a High-Paying Web3 Job in 90 Days: The Ultimate Roadmap
In the latest development in the $235M WazirX hack, the exchange has frozen around $3 million in stolen cryptocurrencies. In an official statement, the platform revealed the recovery updates, freezing the initial portion of stolen assets. WazirX’s recent move highlights the exchange’s progress in recovering funds lost in one of India’s largest cryptocurrency thefts. Zettai, the parent company of WazirX, disclosed its ties with law enforcement, forensic experts, investigative authorities, and legal specialists to track and recover the stolen funds. WazirX Hack: Recovery Efforts Underway While the crypto exchange is successfully navigating the recovery and restructuring procedures in the WazirX hack, founder Nischal Shetty addressed it as “just the beginning.” Adding that the company is fully committed to retrieving the lost cryptocurrencies, he appreciated the users’ support throughout the challenging situation. Further, Jason Kardachi, Managing Director and Co-Head of Global Restructuring Practice, Kroll, commented on WazirX hack’s recovery scheme, stating, Efforts to recover Stolen Assets are fully underway and moving in the right direction – between on-chain forensic work and legal avenues against third parties complicit in the Hack and subsequent dissipation, the company is well prepared to maximise the recovery of Stolen Assets for the benefit of Scheme Creditors under a Scheme. Clients Express Dismay Despite Exchange’s Efforts WazirX and Zettai have been reportedly working tirelessly to bring a resolution to the crypto hack, which affected 15 million investors. Though the platform repeatedly assured its customers about its efforts to restore the funds, the community raised concerns about the hack. In November, WazirX unleashed its Recovery Token scheme intended to settle the affected customers debts. According to the announcement, the exchange intended to airdrop tokens in proportion to creditors on their platform balance. US, Japan, and South Korea Links North Korea to Crypto Heist The exchange’s asset recovery updates came on the heels of the US, Japan, and South Korea linking the hack to North Korea. Apart from the WazirX hack, the countries associated North Korea to the $308 million DMM Bitcoin theft and the $50 million Upbit hack. The post WazirX Crypto Heist Update: Exchange Freezes $3M in Stolen Assets appeared first on CoinGape .
While Bitcoin is considered to be the superior crypto asset according to most speculators, BTC won’t provide the life-changing gains cryptocurrency is notorious for. Likely restricted to a rally in an ultra-bullish scenario and moderate growth in a realistic scenario, new traders entering the market have to diversify their portfolios with low market cap gems to achieve significant returns in the bull run. Even Toncoin itself is considered a large cap, though many gurus urge investors to look into Toncoin’s relatively untapped ecosystem of decentralized applications. Memes like “Resistance Dog” are far too speculative, as speculators predict that utility gems will steal the spotlight as the bull run progresses, including Elluminex, an all-encompassing DeFi platform that’s yet to officially launch. Read on to learn more about Elluminex. Dubbed The “Solana Killer”: Will Sui Deliver? Sui has experienced remarkable growth in 2024, cementing its position as one of the premier performers in the crypto market at the moment. After an impressive 76% rise in November, Sui reached a new all-time high of $4.91 in December, marking a 38% monthly return. This bullish momentum highlights increasing market confidence in Sui’s potential, with speculators dubbing Sui as the next “Solana killer” that could exceed SOL’s outstanding performance from 2021 in the previous bull run. As a blockchain devised from the remnants of Meta’s very own ambitious “Libra” project, the VC-backed Sui has quickly gained popularity due to its high-performance capabilities and robust potential as a layer-1. In addition, recent integrations with platforms like Backpack and PhantomWallet have amplified Sui’s appeal, simplifying access to its blockchain for a broader audience. With its strong background, expanding ecosystem, and increasing user activity, Sui continues to solidify itself as a key player in the crypto market, making it a standout option for both developers and market participants. Reliance Meets Innovation With Avalanche Avalanche continues to stand out as a top-tier layer-1 blockchain, leveraging its success from the previous bull market and its focus on GameFi. Titles like Off The Grid have drawn attention to the platform, while the GameChain initiative promises to onboard 50 new games by 2025, solidifying Avalanche’s role as a pioneer in blockchain gaming. These developments affirm Avalanche’s capabilities for sustained growth, even as rivals such as Solana, Sui, and Kaspa continue to garner immense popularity. While many cryptocurrencies are bound to go under, Avalanche’s ecosystem remains robust, supported by consistent transaction volumes and strong community engagement. While sporadic Avalanche sell-offs may deter some investors, Avalanche’s focus on gaming innovation and its historical strength during market upswings position Avalanche as a strong contender for Q1-Q2 2025, albeit limited to moderate gains at most. Discover Elluminex: The Low Cap Utility Gem That Could Make You Financially Free This Bull Run Elluminex is set to redefine the decentralized finance landscape as the premier all-in-one DeFi platform on Toncoin’s blockchain. Leveraging Toncoin’s growing popularity, Elluminex will integrate trading, staking, farming, bridging, and asset management into one seamless ecosystem, meaning Toncoin advocates don’t have to flip-flop between platforms for different benefits. At the core of Elluminex’s innovation is its planned decentralized exchange, which will deliver low slippage, high liquidity, and advanced trading features. In combination with a cross-chain bridge, the platform will enable users to transfer assets across blockchains like Ethereum, Solana, and Sui effortlessly. These features, combined with an upcoming AI-powered portfolio tracker, will empower users with crucial real-time analytics to make informed trading decisions. Elluminex will also introduce staking and farming mechanisms, allowing users to earn passive income through rewards while contributing to the platform’s liquidity. This design, inspired by other successful blockchain products, will help foster a loyal community and stabilize the ecosystem by reducing sell-offs. Uniquely positioned on the fast-growing TON blockchain, Elluminex is bound to take full advantage of Toncoin’s scalability and secure smart contracts. The inclusion of an educational academy further distinguishes Elluminex, as it empowers users with DeFi literacy, enabling them to navigate the ecosystem confidently and securely in time for the bull run For more information about Elluminex (ELX) visit the links below: Website: https://elluminex.com/ Twitter/X: https://x.com/elluminex Telegram: https://t.me/Elluminex Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .
In a significant market movement, COINOTAG News reported on January 17th that, following Binance’s announcement regarding the launch of **AVA perpetual contracts**, a major investor has strategically expanded their **AVA
Bitcoin’s price has once again broken above the $100K level, and investors are wondering whether it can keep above this time around, especially after bouncing off the plunge below $90,000 on Monday. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the asset has been struggling to rise above the $100K level over the past few weeks. However, the market is now testing the six-digit territory and is trying to stay above it and rally toward a new all-time high. If the cryptocurrency closes above this level, it is very likely to trend higher in the coming months and potentially reach the $120K mark. The 4-Hour Chart Looking at the 4-hour chart, the market has been consolidating inside a large falling wedge pattern, testing the higher and lower boundaries on multiple occasions. Yet, the asset has finally broken the higher trendline to the upside. Based on classical price action, the cryptocurrency is now expected to move toward the $108K all-time high. Meanwhile, it should also be noted that the RSI is entering an overbought region, which could result in a short-term pullback before further continuation. Sentiment Analysis By Edris Derakhshi (TradingRage) Bitcoin Exchange Reserve While Bitcoin’s price is once again breaking above the $100K level, understanding the supply and demand dynamics could provide valuable information. This chart presents the BTC exchange reserve, which measures the amount of Bitcoin held in exchange wallets. As the chart demonstrates, the BTC exchange reserve metric has been dropping aggressively. As this vital metric is a proxy for supply, this decrease in selling pressure can lead to even higher prices in the coming weeks. The post Bitcoin Price Analysis: BTC Eyes New All-Time High If Key Support Holds appeared first on CryptoPotato .