According to a recent report from The Washington Post dated December 27th, there have been noteworthy developments in the legal proceedings surrounding former FTX executives. The U.S. Federal Bureau of
The report was published by the exchange to highlight its Anti-Scam Refund Initiative. Binance Users Could Have Lost Millions in Scams Binance, the world’s largest cryptocurrency exchange, published a report on Monday showing that it foiled malicious scams on its platform that could have cost its users as much as $129 million. The company, whose
Bitcoin ongoing price movement has sparked intense analysis as it continues to hover below the $100,000 mark. Despite reaching an all-time high above $108,000 last week, the cryptocurrency has struggled to maintain upward momentum ever since. With this performance, BTC’s on-chain data has been brought to the spotlight to uncover the factors driving recent selling pressures and investor behavior. One key focus has been the Spent Output Age Bands (SOAB) indicator, which provides valuable insights into Bitcoin holders’ activity based on their holding periods. Related Reading: Bitcoin Is Forming A Symmetrical Triangle – Can BTC Reclaim $100K? Who Cashed Out Their Bitcoin Gains? According to a CryptoQuant analyst known as Yonsei Dent, data reveals that Bitcoin investors who bought their holdings between six to twelve months ago were the most active sellers during the recent price surge. This group largely entered the market during the initial excitement surrounding the launch of spot Bitcoin exchange-traded funds (ETFs) earlier in the year. While this selling activity exerted downward pressure on Bitcoin’s price, the asset has managed to stabilize within the $90,000–$100,000 range. Interestingly, long-term holders, defined as those holding Bitcoin for over a year, have shown minimal selling activity. Historical trends suggest that these seasoned investors are likely anticipating elevated price levels before considering substantial profit-taking. Meanwhile, Dent pointed to the Binary Coin Days Destroyed (CDD) metric showing a noticeable decline in older Bitcoin being moved in December compared to November. Historically, reduced activity from long-term holders during price corrections often signals market resilience and potential for future upward momentum. The analyst wrote: The ‘Binary CDD’ indicator at the bottom of the chart shows a decline in the selling of older Bitcoin in December compared to November. This suggests that many long-term holders may anticipate even higher prices before selling. Binance Reserves Signal Market Confidence Speaking of higher prices, another crucial metric suggesting a significant move brewing for Bitcoin comes from Binance’s Bitcoin reserves, which have been steadily declining since August. CryptoQuant analyst Darkfost highlighted that Binance’s reserves recently hit their lowest level since January. This trend is significant because a similar decline earlier in the year preceded a 90% surge in Bitcoin’s price. The reduction in exchange reserves typically indicates that investors are moving their Bitcoin holdings away from centralized exchanges and into private wallets. Such behavior suggests reduced selling pressure and a preference for long-term holding strategies. Historically, declining reserves on exchanges have often aligned with periods of strong market optimism and price rallies. Notably, as BTC currently still trades at a price of $95,567 down by 2.7% in the past day, the confluence of these factors—long-term holder confidence, reduced activity from older wallets, and declining exchange reserves—presents a cautiously optimistic picture for Bitcoin’s near-term trajectory. Related Reading: Bitcoin Sentiment Still Close To Extreme Greed: More Cooldown Needed For Bottom? However, it is cautioned that sustained buying activity will be required to break through psychological resistance levels and maintain upward momentum. Featured image created with DALL-E, Chart from TradingView
Strive Asset Management, led by Vivek Ramaswamy, is filing with the SEC on its “Strive Bitcoin Bond ETF.” Exposing investors to the convertible bonds by MicroStrategy with a more crypto-friendly regulatory landscape with Trump admin. The firm offering less volatile access to Bitcoin also holds U.S. Treasuries for liquidity. Strive Bitcoin Bond ETF Strive Asset Management, run by Vivek Ramaswamy, is filing with the SEC on a “ Strive Bitcoin Bond ETF. ” The 485A filing suggests investment landscapes shift from the old “follow the money” to new “follow the Bitcoin.” The proposed ETF is going to offer access to MicroStrategy’s convertible bonds, which have become so popular due to the potentially more favorable regulatory climate under the new administration. This is an important step by Strive as digital assets are gaining popularity in the financial world. The demand for MicroStrategy’s bonds that convert into stocks based on Bitcoin’s performance has been strong broader market for Bitcoin-related investments. There is also an expectation that following Donald Trump’s recent election victory, regulatory hurdles may ease for digital assets and more institutions will look at crypto-related financial products at ease. Matt Cole, CEO of Strive Funds, has been open about the strategy of the fund, pointing out that he is going to focus on vehicles that would be best suited by having a digital asset-friendly administration. His comments give an insight into what might be expected in 2025. Investment Strategy and Objective Strive Bitcoin Bond ETF strategy lies investment in what they describe as “Bitcoin Bonds. ” These are convertibles from a company such as MicroStrategy that happens to plough large proportions of the proceeds of bonds into Bitcoin. The use of derivative instruments by this ETF will enable to managing their exposure in these securities. The main objective of this fund is to replicate Bitcoin for investors through these Bitcoin Bonds and derivatives, allowing the investor to have less volatile exposure to the cryptocurrency without having to own it. The fund will invest in U.S. government securities, primarily Treasuries, to ensure liquidity and support its derivative positions. It may also invest in other investment companies specializing in Bitcoin-related financial instruments to diversify its approach to capturing the potential of Bitcoin. It indicates the growing acceptance of bitcoin in traditional finance and thereby has portrayed a strategic change towards digital assets that will help redefine how investment strategies get built. With Ramaswamy’s background opposition to corporate governance norms as well as his firm, which opposes ESG; this particular ETF might find investors who are looking out for non-traditional options which highlights the Bitcoin’s aspects. As 2025 begins, this kind of ETF could set up a trend that encourages broader crypto integration into investment portfolios. A Step-By-Step System To Launching Your Web3 Career and Landing High-Paying Crypto Jobs in 90 Days.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Examining last-minute investments in altcoins set to skyrocket before the year ends. Table of Contents Understanding the strategy for last-minute investments 3 promising altcoins for last-minute Investment Lesser-known altcoins for last-minute investments As the cryptocurrency market approaches the end of 2024, investors are keenly observing altcoins that exhibit the potential for significant growth before the year’s close. While established tokens like Dogecoin (DOGE) and Shiba Inu (SHIB) have garnered substantial attention, newer entrants like Pepe (PEPE) and Lightchain AI (LCAI) are also capturing the market’s interest. This shift in attention underscores the dynamic nature of the cryptocurrency market, where new projects can rapidly gain prominence, influencing trading strategies and market trends. Understanding the strategy for last-minute investments Investors are seeking final chances in the crypto marketplace hoping to earn cash before a new year. This period usually shows extra moves in the market with traders eager t͏o improve their stash for end-year outcomes. One way that is noticed is Dollar-Cost Averaging (DCA), which involves saving a set amount of cash at normal times, regardless of the market condition. This method reduces the impact of market rises and falls and cuts down the risk of making poor choices from fast market shifts. Another is Market Cycle Investing, which refers to timing funds on the crypto market’s circular nature. By checking old data and market trends, investors seek to buy when the market is down and sell when it’s up. There’s also a mix of investments. By spreading money over different types of digital coins, investors can handle risk and raise the chance for gains. Mixing helps to balance the ups and downs found in the crypto market. It’s key to know that while these me͏thods can work, they also have risks as the crypto market is always changing. As such, doing a deep study and matching buy choices with personal money goals and risk comfort is crucial. You might also like: Lightchain AI to become the next big contender after Dogecoin 3 promising altcoins for last-minute Investment As the year-end approaches, investors are exploring promising altcoins for potential gains. Here are three noteworthy options: Pepe A meme-inspired cryptocurrency that has recently surged in market capitalization, briefly overtaking Uniswap’s UNI token. This rapid ascent has attracted the attention of traders seeking high-growth opportunities. Shiba Inu An Ethereum-based meme coin developed in 2020, SHIB has gained significant attention and adoption, with major crypto figures backing it. Its community-driven approach and growing utility make it a contender for future growth. Lightchain AI Currently in its presale phase at $0.003 per token, LCAI aims to integrate artificial intelligence with blockchain technology. Analysts project substantial appreciation, with potential returns of up to 99x by 2025. Lesser-known altcoins for last-minute investments Lesser-known altcoins often present high-growth opportunities, especially for last-minute investments. Lightchain AI is the latest entrant, which aims to blend artificial intelligence (AI) with blockchain technology in a transformative platform. LCAI is currently selling at $0.003 in its presale phase , offering an attractive entry point for investors looking to capitalize on transformative solutions that address scalability, security, and efficiency in the blockchain space. With its Proof of Intelligence (PoI) consensus mechanism and Artificial Intelligence Virtual Machine (AIVM), Lightchain AI is poised to disrupt industries like healthcare, finance, and supply chains. Its presale has garnered significant interest, and analysts predict a substantial increase in value as its technology continues to evolve. To learn more about Lightchain AI, visit their website , whitepaper , X , or Telegram . Read more: Lightchain AI’s $0.003 token price appeals to Solana’s early backers Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Examining last-minute investments in altcoins set to skyrocket before the year ends. #partnercontent
ZachXBT reports on a hacker promoting a fake memecoin. Phishing emails were used to compromise high-profile accounts. Continue Reading: Details Emerge on Cyber Attacker Promoting Fake Memecoin through Hacked Accounts The post Details Emerge on Cyber Attacker Promoting Fake Memecoin through Hacked Accounts appeared first on COINTURK NEWS .
Victoria, Seychelles, December 26th, 2024, Chainwire Bitget , the leading cryptocurrency exchange and Web3 company, has announced the launch of Tomarket (TOMA) Savings on December 25, 2024, at 10:00 AM (UTC+8) via its Bitget Earn platform. This exclusive offering provides users with the opportunity to earn an impressive Annual Percentage Rate (APR) of up to 50% on their TOMA holdings. The subscription period will remain open until January 24, 2025, at 10:00 AM (UTC+8) or until the product limit is reached. Bitget Earn introduces two tailored subscription plans for TOMA Savings, catering to users with different earning preferences: 30-Day Fixed Term: Offers a high APR of 50% with an individual subscription limit of 500,000,000 TOMA . At the end of the fixed term, funds will automatically transition to Flexible Savings for uninterrupted interest accrual. Flexible Savings Plan: Provides a competitive APR of 10% with an individual subscription limit of 5,000,000,000 TOMA , allowing users to withdraw funds at their convenience. Subscribers to TOMA Savings benefit from transparent interest accrual and regular payouts. Hourly Distribution: Principal begins accruing interest one hour after subscription, with hourly payouts made directly to the user’s spot account. Daily Distribution: For fixed-term plans, interest accrual starts at 12:00 AM (UTC+8) the day after subscription, with daily payouts beginning the following day. This streamlined approach ensures that users can enjoy consistent returns with clear visibility into their earnings throughout the subscription period. To participate in TOMA Savings, users can navigate to the Earn > Savings section on the Bitget platform and search for Tomarket (TOMA). The feature is accessible through both the official website and mobile app, ensuring seamless access for users across devices. Bitget Earn’s launch of TOMA Savings reinforces its mission to provide users with lucrative earning opportunities within the cryptocurrency space. By offering competitive rates and flexible options, the platform continues to enhance its suite of innovative financial products. For more information about Tomarket (TOMA) Savings and detailed subscription guidelines, visit here . About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions while offering real-time access to Bitcoin price , Ethereum price , and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet offering comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA , in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet For media inquiries, please contact: media@bitget.com Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use . Contact Public Relations Media Bitget media@bitget.com
Trump Cyborg could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Trump Cyborg (TRUMPCYB), a new Solana memecoin that was launched today, is set to explode over 15,000% in price in the coming days. This is because TRUMPCYB 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 Cyborg 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 Cyborg could become the next viral memecoin. Trump Cyborg 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 Cyborg 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 Cyborg by entering its contract address – 9yaNQ89EaQ2nEDczZpuTZfDwfiYCxbwSYC4JeiWLDE57 – 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 TRUMPCYB. 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 development team behind dog-themed meme asset Floki ( FLOKI ) is announcing a plan to launch a new exchange-traded product (ETP). In a new thread on the social media platform X, the project says it has been working closely with a respected asset manager to create a FLOKI-based ETP for European inventors, set to launch in Q1 of next year. “We’ve been actively working with a respected asset manager and an ETP issuer to launch a Floki ETP for quite a while now. After months of due diligence and painstaking effort, we’ve been told that the Floki ETP is on track to go live in early Q1, 2025. This proposal is to have the Floki DAO (decentralized autonomous organization) approve liquidity for the Floki ETP!” An ETP allows investors to expose themselves to specific assets without the need to actually purchase them. In the proposal, the Floki team says the ETP is already in its advanced stages and will become tradable on the SIX Swiss Exchange, the largest stock exchange in Switzerland, as soon as next year and become the second meme coin in the world with a live ETP. “When it goes live, the Floki ETP will allow institutional investors, regulated entities and retail investors to get exposure to FLOKI in a regulated way. This is a big move that is almost unprecedented in this space, because Dogecoin is currently the only memecoin in the WORLD, with a live ETP, and Floki could become the next memecoin with an ETP besides Dogecoin.” The proposal also includes provisions for burning FLOKI tokens as well as providing liquidity for the ETP. “The purpose of this DAO proposal is to seek approval from the Floki DAO for providing liquidity to the ETP… We currently hold 16,310,285,772.6 FLOKI tokens in [a crypto wallet] and propose using a portion of them to provision liquidity for the ETP while burning the remainder on the day the ETP launches.” FLOKI is trading for $0.000177 at time of writing, a fractional increase during the last 24 hours. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: DALLE3 The post Floki Memecoin Project in Plans To Launch Exchange-Traded Product for European Investors in Q1 of 2025 appeared first on The Daily Hodl .