Whales are making huge profits amidst another market-wide rally, with a recent PEPE transaction demonstrating the staggering potential of meme coin investments. Lookonchain revealed that the PEPE whale fetched an extraordinary return on investment. After being dormant for 600 days, the entity transferred all 2.1 trillion PEPE tokens, which are worth around $52 million, to a new address. What makes this move interesting is the initial investment: the whale spent a mere 0.0135 ETH (approximately $27 at the time) to acquire the tokens. This translates to an incredible 1,900,000x return. This transfer raises questions about the whale’s next move, whether it’s a sign of profit-taking or a strategic reshuffling of assets. PEPE, based on the beloved internet meme Pepe the Frog, has emerged as a star performer in the crypto market. The price dropped briefly after Binance delisted certain trading pairs, but, zooming out, the meme coin has surged by 1,500% over the past year alone. Despite lacking tangible use cases, meme coins like PEPE continue to mint new millionaires. In a notable example from May’s meme coin mania tied to the GameStop revival, an investor transformed a $3,000 stake into a mind-blowing $46 million – a 15,718x return. Several meme coins, including the ones that are politically and culturally inspired tokens, have also yielded life-changing returns for opportunistic traders. MAGA (TRUMP), a meme coin linked to US President-elect Donald Trump, saw a massive price resurgence in July following an attempted assassination on the presidential candidate. Lookonchain found that one savvy trader, who bought 1.08 MAGA tokens late last year, potentially sold their holdings for nearly $8 million – a jaw-dropping profit from a minimal investment. Nevertheless, meme coins remain highly volatile and risky assets, so investors should be wary when allocating funds into them. The post Dormant PEPE Wallet Awakens: 2.1 Trillion Tokens Moved Amid Crypto Rally appeared first on CryptoPotato .
Ripple is set to launch its U.S. dollar-pegged stablecoin, Ripple USD (RLUSD), on Tuesday, adding significant value to its ecosystem. This launch not only aims to broaden Ripple’s product offerings
Michael Saylor, the co-founder and Executive Chairman of MicroStrategy — a publicly-listed firm that holds more BTC in its treasury than any other company— has shared a bullish statement as the premier cryptocurrency recorded its new all-time high price. Saylor posted a Bitcoin-moon-themed post as BTC surged to over $106,000 on Sunday before retreating slightly. Bitcoin Soars Above $106,000 The price of Bitcoin surged nearly 5% on Dec. 15 to print a new lifetime high above $106K. BTC topped out at $106,352 but has since retraced slightly to $105,764 at publication time, according to CoinGecko data. The top crypto asset is now up more than 149% in a year and 16.5% higher over a 30-day time frame. The price jump came amid speculation that President-elect Donald Trump could issue an executive order establishing Bitcoin as a reserve asset on his first day of office on January 20. “There’s potential to use a day-one executive order to purchase Bitcoin,” Strike CEO Jack Mallers said during a recent interview , adding that while it’s unlikely to be the size and scale of a staggering 1 million coins, it would be a massive position. Notably, crypto-friendly senator Cynthia Lummis already introduced the Bitcoin Act of 2024 in July, proposing that the Treasury and Federal Reserve buy 200,000 BTC per year for at least five years, accumulating a whopping 1 million Bitcoin. The BTC stockpile would be held for roughly 20 years, thus pulling 5% of the alpha crypto’s total supply from circulation. Saylor’s Bullish Reaction Reacting to Bitcoin’s fresh all-time high price mark, MicroStrategy’s Michael Saylor posted an AI-generated image of himself as an astronaut who landed on the moon and planted an orange flag with a BTC logo. “I will see you on the moon. #Bitcoin,” Saylor stated . Members of the BTC community responded to Saylor’s tweet positively, voicing their excitement and bullish fervor. “Moon mission confirmed. See you there, captain. #Bitcoin,” one wrote . MicroStrategy has been purchasing Bitcoin since 2020. Saylor, the orchestrator of MicroStrategy’s Bitcoin investment strategy, believes the world’s largest crypto by market cap is the best long-term investment. The Tyson, Virginia-based firm now holds 423,650 BTC — worth about $43.8 billion at the current price, according to Bitcoin Treasuries data . Saylor has proclaimed that the firm won’t stop buying anytime soon, saying he’s “confident” he’ll still buy Bitcoin at $1 million .
Chill Pepe could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Chill Pepe (CHILPEPE), a new Solana memecoin that was launched today, is set to explode over 14,000% in price in the coming days. This is because CHILPEPE 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, Chill Pepe 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 Chill Pepe could become the next viral memecoin. Chill Pepe 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 Chill Pepe 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 Chill Pepe by entering its contract address – AfPftBmzfb2pan4Drt2ZKgT7VK5Rn7CLQHpp8DpLhXZj – 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 CHILPEPE. 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.
The dollar-pegged Ripple USD (RLUSD) will begin trading Tuesday across Ethereum and XRP Ledger, Ripple said Monday.
According to a well-known crypto influencer on X, Levi Crypto Crusaders (@LeviRietveld) has made a prediction that the…
In today’s fast-moving digital world, staying ahead means offering your customers the payment options they really value. Cryptopayments make it easy for businesses to embrace cryptocurrency transactions, unlocking exciting opportunities to grow, reduce costs, and innovate. Be at the forefront of a licensed entity under Lithuanian law and enjoy safe, seamless payment solutions for your business. Why Should You Use Cryptocurrencies? Cryptocurrencies such as Bitcoin and Ethereum are changing the way people buy, spend, and think about money. Here’s why businesses should tap into this trend. Reach a Wider Market : With millions of users worldwide, crypto enthusiasts would rather shop with businesses that accept digital payments. With Cryptopayments integrated, you open your doors to a diverse and tech-savvy customer base. Save on Fees : Forget the high processing fees of traditional methods. Cryptopayments offers competitive rates-out of around 1% for smaller turnovers-letting you keep more of what you earn. Faster Transactions: Cryptopayments guarantee instant transfers, so your customers pay quicker, and that gives them even more reasons to return for more in your store. Improved Security: Blockchain technology reduces the risks of fraud and chargebacks. In addition, all transactions are verified, adding another layer of protection against fraudulent activity. Startup-Friendly Solutions: Unlike competitors, Cryptopayments supports businesses with smaller turnovers, making it ideal for startups and emerging companies. Build Trust: Trust is won when you integrate Cryptopayments, as your approach demonstrates both innovation and security. How to Start with Cryptopayments Ready to get started? Follow these easy steps to get cryptocurrency up and running in your business: Choose Your Payment Gateway Crypto.com Pay, Binance Pay, and Cryptopayments.com offer seamless integrations to take digital currencies with ease. Cryptopayments, on the other hand, offers a multitude of different cryptocurrencies to allow seamless transitions for customers. Set Up Your Account Sign up on Cryptopayments.com, onboard yourself via a quick self-service process, and verify your details. Enjoy tailored solutions and maximum support from our customer service team. Integrate with Your Website Cryptopayments offers easy-to-use APIs and plugins for seamless integration. Need something custom? We’re ready to develop any API endpoints upon request. Inform Your Customers Announce your new crypto payment option! Send and receive crypto safely. Provide easy-to-understand instructions on how one can make a seamless transaction with their favorite digital currency and manage their balance. Why Choose Cryptopayments? Cryptopayments stands out with features designed to empower businesses, especially startups. Here’s why it’s the ultimate choice: Trial Period for Crypto Enjoy no crypto processing fees during a trial period of up to nine months. Only pay for crypto or fiat withdrawals while testing the service. Startup-Friendly Approach Cryptopayments is open to working with Tier 2-3 clients that other platforms often reject. Whether you’re a startup or a smaller business, we are ready to onboard companies with modest turnovers while considering your project’s growth potential. Licensed, Regulated, and Secure Being a licensed entity in Lithuanian law, Cryptopayments ensures the following of strict regulations. Blockchain technology, verification of transactions, and availability of insurance from November onward guarantee the advanced security of your assets. In-House Solutions Enjoy the proprietary payment tools, tailored solutions for special requests, and unique features that make Cryptopayments flexible and innovative . Transparent and Competitive Fees Cryptopayments provide competitive rates for smaller turnovers, too, starting from as low as 1% during the initial stages. We ensure complete transparency, thus providing clear-cut figures after analyzing your data initially. Seamless Integration It comes with self-service onboarding, robust API tools, and a dedicated customer support team for quick and effortless integrations . Global Access Accept payments from anywhere in the world without being tied to traditional banking systems. Expand your reach to global markets with ease. Conclusion Adding crypto payments to your business isn’t just about keeping up with trends — it’s about future-proofing your brand while offering customers a secure, innovative way to pay. With Cryptopayments, you gain access to: Low fees for lower turnovers. Dedicated support for startups and emerging businesses. In-house solutions and custom tools. Safe and instant transactions. Simple step into the near future with a trusted partner. Start today with Cryptopayments.com — your ultimate gateway to a new era of digital transactions. Let your customers pay confidently with their favorite cryptocurrencies while your business stays ahead of the curve. The future is digital. Don’t miss out!
Ripple has finally announced that the launch of its highly-anticipated stablecoin RLUSD is all set for tomorrow. Fox Business journalist Eleanor Terrett shared that the stablecoin will initially be accessible on Uphold, MoonPay, Archax, and CoinMENA. Reportedly, the company plans to expand RLUSD’s reach to other platforms like Bitso, Bullish, and Bitstamp in the weeks to come. Meanwhile, starting next year, Ripple Payments will integrate the stablecoin into its enterprise operations, enabling global payment solutions for its corporate clients. From Zero to Web3 Pro: Your 90-Day Career Launch Plan
The post The Wait is Over: Ripple’s RLUSD Stablecoin Set to Launch Tomorrow appeared first on Coinpedia Fintech News Ripple’s new stablecoin, RLUSD, will be available for trading starting Tuesday (December 17), following approval from the New York State Department of Financial Services (NYDFS) earlier this month. This launch marks Ripple’s entry into the highly competitive $203 billion stablecoin market. The U.S. dollar-backed stablecoin will be issued on both the Ethereum blockchain and the XRP Ledger. Initially, it will be listed on select global exchanges, with plans for further expansion. However, RLUSD will not be available on Coinbase at launch. Ripple made the announcement on Monday. Ripple also revealed key appointments to its RLUSD advisory board, including a former governor of the Reserve Bank of India. Ripple Payments has processed $70 billion across 90 markets worldwide. “Part of the impetus for us wanting to launch a stablecoin is the growth we’ve seen specifically in cross border payments. As we’ve been using stablecoins more and more in our flows, that really piqued our interest that we should have our own native stablecoin that can be more cost effective and more operationally efficient to use,” Jack McDonald, Ripple’s senior vice president of stablecoins, told CNBC.
If you’re a fan of online casinos, you’ve probably noticed how some games seem to be pushing the boundaries of what’s possible. From VR blackjack tables to blockchain-powered slots, the world of iGaming is evolving faster than ever. But have you ever wondered what’s behind all these innovations? Well, it might just be open-source casino software . This under-the-radar technology is slowly but surely shaking up the casino world, and in this article, we’re going to show you exactly how it’s doing that. What’s Open Source Software Anyway? In simple terms, open-source software is any software that has its source code available for free for anyone. Everybody can view, modify, and distribute it. In contrast to traditional proprietary software (like the software casinos usually pay a lot of money for), open-source software allows developers to tweak it however they want. This means more flexibility and freedom to innovate! If you’ve ever heard of Linux , WordPress , or Mozilla Firefox , you’re already familiar with open-source software. In the same way these platforms have transformed web development, a lot of casino software today is doing the same for the online gambling industry. New Ways of Operation in iGaming Open-source software is a game-changer in the iGaming industry. Traditionally, casinos relied on big software providers like Microgaming or NetEnt , which offered complete platforms with limited customization options. This meant casinos had little room for innovation. However, with open-source software, developers now have access to the entire codebase and can build platforms exactly as needed, from custom game engines to player management interfaces. For example, a small online casino operator could use an open-source platform like Odin and modify it to create a completely unique user experience. In 2023 , around 40% of new online casinos chose open-source solutions to avoid the rigid limitations of proprietary software. These platforms are also more cost-effective , removing expensive licensing fees. Open-source gambling website software also allows faster integration of new technologies like blockchain or cryptocurrencies , giving casinos a competitive edge. Platforms like OpenCasino allow developers to integrate multi-currency support and real-time player tracking, expanding into global markets. Open-source solutions provide flexibility and scalability, helping even smaller operators innovate and stay competitive in the rapidly growing iGaming industry. Key Benefits So why is this such a big deal? Let’s break it down: 1. More Flexibility Open-source casino software gives developers the freedom to customize and adapt their platforms to meet the specific needs of their business and players. For instance, let’s say a casino wants to introduce a new type of slot game with a unique bonus feature—open-source software makes that possible without having to wait for a big company to release it. You can create a game that feels tailored to your audience. One great example of this flexibility is the platform OpenCasino —a community-driven project where developers share code and build upon each other’s work. This open-source nature means a casino can add a custom jackpot system or unique bonus rounds without the restrictions typically found in proprietary software. 2. Lower Costs Anyone who has run an online casino knows that licensing fees for proprietary software can quickly add up. Big software providers charge casinos a pretty penny for access to their platforms, sometimes demanding a fixed monthly fee or a percentage of revenue. This can be tough for smaller operators to manage. Open-source casino software, on the other hand, is free to use . You only pay for the development and customization that you need. This drastically lowers initial costs, allowing small or new operators to enter the market without a huge financial burden. 3. Fosters Innovation When everyone has access to the same code, innovation goes through the roof. Open-source software creates a community-driven ecosystem where developers contribute new features, improvements, and ideas. This constant flow of new ideas pushes the industry forward, giving players fresh experiences all the time. For instance, Evolution Gaming , known for its live dealer games , started experimenting with VR (virtual reality) casinos in 2020. Using an open-source framework, they could quickly integrate new tech and test it in a live environment—pushing the envelope for what’s possible in a live casino setting. Another great example of innovation comes from CryptoGames . By using open-source software, CryptoGames integrates blockchain technology into their platform, allowing players to enjoy provably fair games . This level of transparency—where players can check the fairness of every game—would have been much harder (and expensive) to implement without open-source software. Real-World Applications Open-source casino software is revolutionizing the iGaming industry by offering greater flexibility and customization. For example, Odin Casino Engine allows operators to build fully customizable platforms, from games to payment systems, without being locked into a single provider. This has become increasingly popular, with 30% of new casinos in 2023 choosing open-source solutions for better flexibility. OpenCasino is another key player, offering multi-currency support, real-time player tracking, and seamless game integration, helping operators tailor the gaming experience. It has also been credited with increasing customer retention by 25% . Meanwhile, CryptoGames uses open-source tech to integrate blockchain, allowing for provably fair and decentralized games, which appeals to the growing cryptocurrency gambling market , projected to reach $28.9 billion in 2024. Open-source platforms foster innovation, enabling casinos to quickly adapt to new technologies, such as integrating Ethereum’s Layer 2 solutions . As the industry evolves, the demand for open-source solutions is likely to grow, with operators seeking more control and customization. Platforms like Odin , OpenCasino , and CryptoGames are leading the charge in this transformation. To learn more about open-source solutions and their impact, visit https://cpa-partners.top/gambling . Bright Future So, what does the future hold for open-source software in the iGaming industry? As technology continues to evolve, we expect virtual reality (VR) , artificial intelligence (AI) , and blockchain to become more integrated into open-source casino platforms. These technologies have the potential to revolutionize the gaming experience , offering players immersive VR casinos or AI-driven games that adapt to their preferences. As the demand for mobile-friendly and cross-platform gaming continues to rise (with mobile gambling revenue projected to reach $159.6 billion by 2024 ), open-source software will play a crucial role in helping casinos provide seamless experiences on any device. Open-source solutions are flexible enough to adapt to the constantly shifting landscape of the gaming world, making them ideal for the future of iGaming. Conclusion New software is opening up new possibilities for the iGaming industry, enabling greater flexibility, fostering innovation, and cutting costs. It allows casinos to customize their platforms, experiment with new technologies, and provide players with fresh, exciting experiences. As the industry continues to evolve, open-source solutions will likely play an even bigger role in shaping the future of online gambling. So, whether you’re a casino operator looking for a more flexible solution or just a gamer who loves trying out new, innovative experiences, open-source casino software is something you should definitely keep an eye on. The future of iGaming is here, and it’s open-source!