XRP’s market structure reveals promising signs as the altcoin positions itself for potential new all-time highs amidst a broader market correction. Despite a recent market sell-off, XRP maintains approximately 300%
XRP’s market structure suggests that the altcoin is gearing up for a run to new all-time highs.
It’s not clear if all derivative assets that require bitcoin as collateral are fully backed as many assume. Is the Bitcoin Derivative Asset Market Built on a House of Cards? Some bitcoin (BTC) derivatives that claim to be fully backed by the cryptocurrency could be on shaky ground, according to a blog post by Bitcoin
Gelephu Mindfulness City (GMC), Bhutan’s newly established Special Administration Region, has revealed plans to establish a strategic reserve using digital assets such as Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). GMC revealed its plans to incorporate cryptocurrency into its financial strategy on Jan. 8. The inclusion of digital assets aims to enhance the Special Administration Region's (SAR) economic resilience. This move marks a significant step in the region's evolving financial strategy, which already includes Bitcoin mining. It also reflects the increasing use of Bitcoin and other digital assets as a hedge against economic instability. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Representative Bryan Steil has been appointed as the new Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence within the House Financial Services Committee. This announcement was made by Chairman French Hill, who also revealed other key positions within the committee. Steil's appointment has been met with enthusiasm from various organizations in the digital assets sector, who are eager to collaborate with him to advance digital asset policy and innovation in the United States. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Are you wondering which meme coins might just make your next big crypto win? The market for meme coins has been buzzing with activity, and some tokens have shown they’re more than just hype—they’re serious opportunities. With the crypto world on the edge of another bull run, everyone’s talking about the best new meme coins for significant returns in 2025. Enter the spotlight: BTFD Coin (BTFD) , a meme coin blazing through its presale with over $5.1 million raised and a lucrative referral program that’s hard to ignore, while Turbo (TURBO) capturing creative minds, and Memecoin (MEME) rewriting the meme economy, and Ponke (PONKE) leading innovation with PonkeSwap. Let’s explore why these coins are creating waves and why BTFD deserves your attention now. 1. BTFD Coin (BTFD): The Meme Coin for Opportunists Few meme coins represents the essence of seizing the moment like BTFD Coin. Born from the popular mantra “Buy The Dip,” BTFD is a rallying cry for savvy investors who spot value in market lows. The coin’s presale has already hit over $5.1 million, with Stage 13 pricing set at $0.000142. If it hits the $0.0006 mark at presale’s end, early investors could see jaw-dropping returns. For instance, with a $2,000 investment in Stage 13 at $0.000142, you’d snag over 14 million BTFD coins. If the price rises to $0.0006, you’d cash out at $8,400. Not bad for a coin that thrives on market dips, right? Referral Program: Earn Big While Sharing the Buzz BTFD’s referral program is another game-changer. It rewards top promoters with 10% of the BTFD purchased through their unique codes. Referrers also receive leaderboard recognition, encouraging participation and fostering a vibrant community. The program’s monthly reset ensures fresh opportunities for everyone. Play to Earn (P2E): Game On, Bulls! The full version of BTFD’s Play-to-Earn game is now live! Players can earn rewards while smashing through levels and collecting in-game tokens, which they can stake or trade. It’s a fun way to engage with crypto while building your portfolio. Why does BTFD top this list? Because it’s not just a meme—it’s a movement that combines timing, community, and innovation in the best new meme coins for significant returns in 2025. 2. Turbo (TURBO): The AI-Powered Meme Pioneer Turbo burst onto the scene with its unique approach—an AI-assisted creation. What started as an experimental project quickly gained traction, thanks to its community-driven ethos and quirky charm. Turbo’s appeal lies in its transparency and inclusiveness, with holders shaping its roadmap. Turbo’s standout feature is its collaboration with emerging artists and creators, turning the coin into a canvas for creativity. Its decentralized ecosystem ensures that no single entity controls its future, making it a true reflection of the community’s voice. Turbo is gearing up to launch partnerships with digital artists and integrate NFTs into its platform, giving holders exclusive access to limited-edition works. Its ecosystem expansion has caught the eye of Gen Z investors who crave innovation. So, why’s Turbo here? Its unique, community-driven model ensures it’s more than just another meme coin—it’s a cultural phenomenon. 3. Memecoin (MEME): The OG Meme Economy Disruptor If there’s a coin that knows memes, it’s Memecoin (MEME). This project takes the meme economy seriously, transforming viral trends into tokenized opportunities. MEME has been on a roll, with consistent community engagement and impressive developments. At the heart of MEME is its governance model, where the Meme Council votes on major decisions. This ensures the coin evolves with its community, staying relevant in the ever-changing landscape of internet culture. Memecoin allows users to create, trade, and earn from viral memes, turning what’s often seen as internet fluff into serious gains. This gamified approach has brought fresh excitement to the space, attracting artists and meme creators alike. MEME makes the cut for its ability to blend cultural relevance with economic utility, cementing its spot as a cornerstone of the meme coin world. 4. Ponke (PONKE): The Innovator Behind PonkeSwap Ponke has been shaking things up with its recent innovations, including PonkeSwap, a decentralized exchange tailored for meme coins. By addressing liquidity issues that often plague smaller tokens, Ponke is building a robust ecosystem for traders. Ponke’s recent listing on Binance Futures has catapulted it into the spotlight, proving its staying power. This move has increased accessibility and liquidity, drawing in investors eager to explore meme coin trading pairs. PonkeSwap simplifies trading for meme coins, offering low fees and fast transactions. It’s a hub for those who want to dive deep into meme coin trading without worrying about slippage or high costs. Ponke earns its spot for its utility-driven approach, proving that meme coins can be serious players in the DeFi space. Conclusion The meme coin frenzy shows no signs of slowing, and the best new meme coins for significant returns are redefining what these tokens can achieve. Whether it’s BTFD Coin’s presale and referral program, Turbo’s creative community, Memecoin’s meme economy, or Ponke’s trading innovations, each offers a unique angle for investors. But let’s be real—BTFD Coin stands out as the ultimate opportunity to ride the wave of crypto success. With its booming presale, exciting P2E game, and lucrative referral program, it’s not just a coin; it’s a ticket to the future. Don’t wait for the market to roar. Join the BTFD Coin crypto presale now, and secure your position in one of the best new meme coins for significant returns! This is your moment—seize it before the bulls charge ahead. Find Out More: Website: https://www.btfd.io/ X/Twitter: https://x.com/BTFD_COIN Telegram: https://t.me/btfd_coin 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 .
Thailand’s finance minister, Pichai Chunhavajira, has made some positive comments regarding the wider adoption of digital asset payments in the kingdom, but several hurdles remain. On Jan. 8, Mr Pichai questioned why Thailand should not embrace cryptocurrencies, which are being exchanged globally with strong demand, answered: “With growing demand and ongoing geopolitical issues worldwide, people are increasingly seeking alternatives to conventional currencies,” he said. Thailand to Embrace Crypto? However, “Thailand is not fully prepared for digital currency at the moment,” he said, adding that the country is “trying to create a platform to identify potential users and establish a market where they can exchange and engage.” He suggested allowing tourists to use local exchanges to make property purchases in Thailand, something that is currently not possible. “For example, if tourists come to Thailand, they could register their coins on a local platform that ensures verification or allows for know-your-customer protocols. When making purchases, they could pay using coins through an exchange house of their choice,” “Buyers and sellers would not know what kind of money they are receiving, but those coins would be transferred into the app and could then be converted into Baht via the clearing houses,” he added. Mr Pichai also confirmed that a crypto payments pilot would be launched in a controlled sandbox environment on the tourist island of Phuket later this year. He emphasized that the experiment would be conducted within existing legal frameworks. Barriers Remain However, some barriers remain since Thailand’s central bank remains vehemently against decentralized digital assets, having outlawed crypto payments in 2022. Additionally, foreigners visiting or residing in the country cannot access local payment platforms or crypto exchanges such as Binance Thailand because they cannot register without a citizen’s ID card. Moreover, the Thai government is currently in the process of implementing sweeping tax reforms that will impact all money coming into the country from overseas, which could hamper foreign investment. Finally, Thailand’s digital assets market is undergoing a transition from retail to a more institutional focus, said Binance Thailand CEO Nirun Fuwattananukul in October. At the time, the Thai SEC proposed rules that would allow institutional-grade mutual and private funds to invest in crypto products such as US spot crypto ETFs, but with limits on retail access. The post Thailand’s Crypto Ambitions Faces Hurdles as Phuket Payment Pilot Looms appeared first on CryptoPotato .
The post Crypto Whale Dumps $45.7 Million Worth of Solana (SOL), Sell-Off Signal? appeared first on Coinpedia Fintech News Amid the ongoing market uncertainty, Solana (SOL) appears to be losing bullish support and weakening as the market downturn continues. Whale Transfers $45.7 Million Worth of SOL to Binance On January 10, 2024, the blockchain-based transaction tracker Whale Alert posted on X (formerly Twitter) that a crypto whale transferred a significant 246,064 SOL, worth $45.76 million, to Binance. 246,064 #SOL (45,761,912 USD) transferred from unknown wallet to #Binance https://t.co/xYzdg5gB7Y — Whale Alert (@whale_alert) January 9, 2025 This data from Whale Alert indicates a potential sell-off and reflects investor sentiment, as they appear unwilling to go long or hold positions due to the continuous price decline over the past three days. According to the data, SOL has experienced a price drop of over 16% during this period and has now reached a crucial support level. Solana (SOL) Technical Analysis and Upcoming Levels Following its significant price decline over the past three days, SOL has reached a crucial support level at $178, which aligns with the 200 Exponential Moving Average (EMA) on the daily timeframe. This level appears to be a make-or-break situation for SOL in the coming days. Source: Trading View According to expert technical analysis, if SOL breaches this support level and closes a daily candle below the $175 mark, it could potentially decline by 11% to reach $156, or even lower if the bearish sentiment persists. Conversely, if sentiment shifts and SOL manages to hold above the $178 level, a similar upside rally to what was previously observed on the daily chart may occur. Increased Whale Activity and Exchange Outflows However, this bearish outlook has not impacted just one whale. In the past 24 hours, aside from this whale’s transaction, exchanges have witnessed an outflow of over $60 million worth of SOL. Combined with the $45.7 million transfer, this market sentiment has witnessed another dump of $60.7 million worth of SOL. Current Price Momentum Currently, SOL is trading near $182, having experienced a price decline of over 7.95% in the past 24 hours. During the same period, its trading volume dropped by 26%, indicating lower participation from traders and investors compared to the previous day.
The cryptocurrency market is on high alert as Bitcoin faces a sudden price crash, raising significant concerns among investors. The chaos within the Bitcoin market has led investors to explore
Aptos has added Chainlink Data Feeds to give developers access to reliable off-chain data in order to enhance the development of dApps on its blockchain. Chainlink is a decentralized oracle network that provides trusted and secure data to blockchains, and it is a popular solution in the Web3. This integration will improve scalability, reliability and security of applications that are developed on Aptos. Aptos Partners With Chainlink For Web3 Applications In its most recent blog post, Aptos revealed that it is now collaborating with Chainlink Data Feeds to further complement its blockchain community. This integration enables the Aptos developers to integrate reliable off-chain data in their dApps. To avoid the risk of a single point of failure, Chainlink’s infrastructure combines data from several premium sources. The integration will improve the credibility of the data required to design and build intricate applications. As a result, Chainlink’s decentralized oracle network will be utilized by Aptos to enable a secure and high throughput dApps environment. This will go a long way in helping to attend to the increasing needs of the Web3 ecosystem. Thodoris Karakostas, head of blockchain partnerships at Chainlink commented, “We are excited that Aptos has adopted the Chainlink standard. Chainlink Data Feeds will greatly enhance the reliability of applications built on the network, and we look forward to seeing the innovative ways developers leverage it.” It is worth noting that Aptos Labs co-founder and CEO, Mo Shaikh recently resigned , with co-founder Avery Ching taking over as CEO. Scalability and Security With Aptos’ Modular Architecture Aptos has positioned itself as a high-performance blockchain with a focus on scalability and security. Its use of the Move programming language and Block-STM engine allows for efficient execution of complex transactions. This modular architecture supports reduced latency, ensuring fast and seamless user experiences. With the addition of Chainlink Data Feeds, Aptos strengthens its ability to support enterprise-grade applications. Developers can now build decentralized solutions with enhanced security and scalability, addressing the evolving needs of blockchain users. Chainlink has become a trusted standard for delivering verifiable data to blockchains, supporting major decentralized finance (DeFi) protocols. Its decentralized infrastructure eliminates manipulation risks by providing tamper-proof data through a network of reliable nodes. Chainlink’s technology plays a critical role in advancing Web3 by enabling real-time and accurate data delivery. Ripple Leverages Chainlink for RLUSD Stablecoin Notably, earlier this week, Ripple partnered with Chainlink to enhance its Ripple USD (RLUSD) stablecoin. Consequently, Chainlink’s decentralized oracle network now delivers secure price feeds for RLUSD on both Ethereum and the XRP Ledger. Ripple’s adoption underscores the growing importance of secure data delivery in blockchain-based finance. The collaboration will boost RLUSD adoption by ensuring real-time, accurate pricing data. This will actively bridge the gap between blockchain technology and traditional finance. Meanwhile, LINK whales offloaded 770,000 tokens worth $18.4 million between January 1 and January 4, following a 21% price rally. The post Aptos Leverages Chainlink To Enhance Scalability and Data Access, Here’s All appeared first on CoinGape .