The cryptocurrency market is showing signs of recovery this holiday season, with XRP’s price surging over 5.1% amid a backdrop of festive trading activity. The recent uptick comes after a
Investment Advisors Set to Dominate Crypto ETFs in 2025 A recent analysis by CF Benchmarks , a cryptocurrency benchmark index provider, reveals that investment advisors are projected to surpass hedge funds as the largest holders of spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) by 2025. This shift reflects a broader movement toward mainstream adoption of cryptocurrencies through regulated financial products. Current Landscape: Spot Bitcoin ETFs Holdings : Hedge Funds: 45.3% (largest current holders). Investment Advisors: 28% . Spot Ethereum ETFs Holdings : Investment Advisors: 33% , already exceeding hedge fund holdings. Reasons Behind the Shift: Rising Client Demand : Increasing interest in cryptocurrency exposure among retail clients and institutional investors has driven investment advisors to include crypto ETFs in their offerings. Simplified Access to Crypto : Spot ETFs provide a straightforward entry point to cryptocurrencies without requiring clients to manage wallets or private keys, making them attractive for advisors. Regulatory Progress : Improved regulatory clarity around crypto ETFs in the U.S. and globally has boosted confidence among investment advisors. Focus on Long-Term Investment : Investment advisors are more inclined toward long-term holding strategies , appealing to conservative clients looking for diversified portfolios. Impact on the Crypto Market: Liquidity Boost : Increased participation by investment advisors could enhance liquidity in crypto ETF markets, stabilizing prices. Wider Adoption : The involvement of mainstream financial professionals signals broader adoption of cryptocurrencies as a legitimate asset class. Hedge Funds Maintain a Role : Hedge funds will likely continue to be major players, particularly in speculative and arbitrage strategies, but their dominance may wane. Conclusion: The anticipated rise of investment advisors as the largest holders of crypto ETFs by 2025 highlights a maturing cryptocurrency market . It reflects a shift from speculative adoption by hedge funds to institutional-level acceptance, further cementing cryptocurrency’s place in traditional finance. To learn more about the innovative startups shaping the future of the crypto industry, explore our article on latest news, where we delve into the most promising ventures and their potential to disrupt traditional industries.
Interpol, the international policing organization, has issued a Red Notice for Hex and PulseChain founder Richard Schueler, known in the crypto community as Richard Heart. Finnish police are seeking Schueler for tax evasion and assault on a minor. Schueler is an American citizen, according to the notice. A Red Notice requests authorities worldwide to detain a suspect for possible extradition. A Red Notice provides no legal standing to arrest a suspect; any action taken depends on the law in a particular country. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Ethereum (ETH), XRP and other altcoins are gaining traction as Bitcoin consolidates, sparking optimism in the crypto market.…
Santa Claus rally happened in the crypto industry as some big altcoins experienced double-digit gains. Pudgy Penguins (PENGU), the recently airdropped token, soared by 40% on Dec. 24, bringing its market cap to $2.26 billion. This rally happened after data…
Santa Claus rally happened in the crypto industry as some big altcoins experienced double-digit gains. Pudgy Penguins (PENGU), the recently airdropped token, soared by 40% on Dec. 24, bringing its market cap to $2.26 billion. This rally happened after data showed that its NFT sales jumped by 40% in the last 24 hours to $1.38 million. It also rallied after a major whale continued accumulating more PENGU tokens. A whale who received an airdrop of 116.7M $PENGU ($3.52M) spent 5,250 $SOL ($1M) to buy an additional 34.42M $PENGU today! The whale hasn't sold any $PENGU and now holds a total of 151.12M $PENGU ($5.08M). https://t.co/p5JEeH6nUs pic.twitter.com/ZgYm5vm7Wv — Lookonchain (@lookonchain) December 24, 2024 JasmyCoin ( JASMY ), popularly known as Japan’s Bitcoin, rose for the third consecutive day, and reached its highest level since December 8. This rebound happened even after a big whale moved Jasmy tokens worth over $1.4 million to Coinbase. Crypto holders move coins to an exchange as a first approach towards liquidation. On the positive side, data shows that more investors are moving their tokens from exchanges. JASMY tokens on exchanges dropped by 1.97% on Dec. 24 to 16.74 billion. Exchanges had over 17 billion JASMY tokens a week ago. IOTA ( IOTA ) was another top-performing coin on Christmas Eve as it jumped for the third consecutive day. This rally happened after the community members completed voting for the Rebased proposal . 98% of the IOTA token holders voted in favor as the upgrade will introduce more features like staking, move-based smart contracts, and fast transaction speeds. IOTA hopes to become a major player in the blockchain industry, where it will compete with the likes of Ethereum and Solana. Algorand ( ALGO ), Hedera Hashgraph , Virtuals Protocol, and Curve DAO Token were the other top-performing cryptocurrencies. You might also like: Hedera Hashgraph price soars as predicted: What’s next for HBAR? These tokens rose as Bitcoin held steady and moved above the resistance level at $97,000. Historically, most altcoins do well when Bitcoin is rising. The rally is also happening because of the concept of a Santa Claus rally, where assets rise a few days before Christmas. This rally also happened in the stocks industry as the Dow Jones, Nasdaq 100, and S&P 500 jumped. Still, there is a risk that the ongoing rebound could be a dead cat bounce . A DCB, also known as a bull trap, is a temporary surge that happens when an asset is in a strong downtrend. Therefore, the uptrend of Bitcoin and most altcoins will mostly be confirmed when they rise above their December highs.
Rexas Finance leads the charge in real-world asset tokenization, alongside Shiba Inu, Binance Coin, and Tron, as altcoins poised for exponential growth in the next Bitcoin rally. #partnercontent
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rexas Finance leads the charge in real-world asset tokenization, alongside Shiba Inu, Binance Coin, and Tron, as altcoins poised for exponential growth in the next Bitcoin rally. Table of Contents Rexas Finance: The future of tokenized real-world assets Shiba Inu: Beyond the meme coin Binance Coin: The multi-purpose powerhouse Tron: D-club is a decentralized internet contender Conclusion As the next potential Bitcoin rally draws closer, several altcoins display massive potential for exponential growth. Rexas Finance is unique for its tokenization of real-world assets (RWAs), a novel paradigm set to reshape the investment space. Rexas Finance: The future of tokenized real-world assets Rexas Finance is tokenizing real-world assets such as real estate and fine art on the blockchain. This facilitates it for a simple and medium investor, who can just invest in digital tokens representing the physical assets. Tokenization addresses traditional market challenges such as increased liquidity, streamlined processes, and reduced barriers to entry. This strong market potential and investor confidence in Rexas Finance are evident in the recent presale success. In the presale stages, RXS tokens were raised from a price of $0.030 in stage 1 and appreciated to $0.150 in stage 10, amounting to $28m. With a token launch price of $0.20, Presale investors are guaranteed to double their initial investment, yet another proof that CDT2 is very profitable. On Amazon, Rexas Finance’s longer-term vision is to simplify the buying, selling, and trading of tokenized assets, making transactions safe and transparent. If successful, this innovation could revolutionize real estate and commodity trading sectors and make Rexas Finance a blockchain application trailblazer. As the demand for tokenization keeps increasing, RXS tokens are one of the top choices for substantial returns. Shiba Inu: Beyond the meme coin Initially launched as a playful rival to Dogecoin, Shiba Inu has since blossomed into an Ethereum-based project today that provides robust real-world applications. It comes with its utility for ShibaSwap, which provides decentralized token trading only and upcoming platforms for NFT and governance. The SHIB features make it a valuable asset, swimming in popularity at various times and suitable for future market growth. On the other hand, SHIB’s deflationary supply model and strong community support make the coin more attractive. As a well-known cryptocurrency with a history of being a market-resilient cryptocurrency, SHIB could profit from the next rally of Bitcoin. Binance Coin: The multi-purpose powerhouse Binance coin is the backbone of the Binance ecosystem. It offers payment integrations, BNB can be used for trading discounts, DeFi functionalities, etc. Its worth exists through fee collection in transactions and participation in BSC governance. All this has been driven by BNB’s deflationary token burn mechanism, which offers scarcity. With the widespread adoption and use cases, BNB is still a go-to altcoin for investors. Tron: D-club is a decentralized internet contender Tron is competing with stablecoin transfers like USDT on the back of creating another decentralized internet. Strong growth potential is indicated by its ability to double its all-time high in short periods. Tron’s recent performance also shows its importance in the crypto space. For investors searching for high-growth assets, TRX is a solid option. Conclusion Of these altcoins, however, Rexas Finance is the first to bring a transformational force to asset tokenization and blockchain adoption. Its achievements in presale and vision to break into a more traditional market illustrate a tremendous growth path. Rexas Finance, ahead of another surge for Bitcoin, will allow investors to optimize their returns on this groundbreaking technology as early adopters. 🔥 $RXS Presale Stage 10 Sold Out 🔥 We’re excited to announce that Rexas Finance Presale Stage 10 has been sold out! ✅ Presale Stage 11 is now live, with the price per token increasing to $0.175 🚀 Don’t miss your chance to get in early! ⭐️ Buy Now: https://t.co/tNJAsvBiYe … pic.twitter.com/6lg1WFwnkH — Rexas Finance (@rexasfinance) December 23, 2024 To learn more about RXS, visit the official website , read the whitepaper , and join the community on X and Telegram . Read more: Solana nears breakdown with short build-up; Rexas Finance hits presale ATH 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.
GCL Energy Technology and Ant Digital Technologies announced a strategic partnership on Monday, seeking to develop blockchain-based real-world asset (RWA) tokenization for residential photovoltaic assets in Hubei and Hunan provinces, China. GCL Energy Technology Co Ltd has completed the first Real World Asset Tokenization ( #RWA ) issuance in China's photovoltaic industry with #AntDigitalTechnologies , securing 200 million yuan ($27.4 million) in cross-border financing. #ChineseEnterprises https://t.co/vwuwHCYh54 pic.twitter.com/zluBgksgbp — Enterprising China (@sinoprise) December 24, 2024 A recent post from GCL Energy Technology reveals that the partnership will employ blockchain to enhance transparency in managing residential photovoltaic assets while linking green energy projects to global financial markets. RWA Tokenization for $27 Million Green Energy Project Valued at over $27 million (200 million CNY), the residential photovoltaic assets involved in this collaboration will be securely recorded on a blockchain. This system intends to improve transparency in both operations and revenue tracking while anchoring the partnership’s efforts in Hubei and Hunan provinces. Ant Digital Technologies will contribute its expertise in blockchain and IoT systems, ensuring that asset data is integrated into a secure and efficient platform. By leveraging blockchain technology, the initiative enhances the management of distributed photovoltaic systems, providing detailed insights into energy production and utilization. Additionally, the partnership includes plans for the co-development and acquisition of more green energy assets to support sustainable energy growth. The project also explores securitization methods to attract broader financial participation in renewable energy initiatives. Through RWA tokenization , the collaboration presents a dynamic approach to integrating green energy projects into global markets while ensuring operational efficiency and transparency. Ant Digital and Sui Blockchain Collaborate on ESG-Compliant RWA Tokenization In addition to their partnership with GCL Energy, Ant Digital Technologies has expanded its blockchain ventures by collaborating with the Sui network for ESG-compliant RWA tokenization. @SuiNetwork has announced a partnership with Ant Digital to tokenize RWAs with a focus on environmental, social, and governance (ESG) assets. #Sui #Tokenization https://t.co/00Zfy0vJEo — Cryptonews.com (@cryptonews) December 14, 2024 This initiative introduces ESG-aligned RWAs to the blockchain for the first time on the Sui network, with tokenized assets referred to as “notes.” These notes will be backed by an international manufacturer of solar materials and a prominent new energy group, ensuring alignment with environmental, social, and governance standards. The Sui Foundation, serving as an anchor investor, supports this initiative, further bridging blockchain technology and industrial applications . Cobe Zhang, Head of Web3 Product at Ant Digital Technologies, noted, “Looking ahead, we hope to continuously provide various advanced technical services to more RWA projects, especially in the new energy sector.” The post GCL Energy and Ant Digital Partner on Photovoltaic RWA Tokenization appeared first on Cryptonews .
The Russian government restricts cryptocurrency mining to conserve energy resources. The ban targets energy-intensive mining activities and lasts until March 2031. Continue Reading: Russia Implements New Restrictions on Cryptocurrency Mining to Conserve Energy The post Russia Implements New Restrictions on Cryptocurrency Mining to Conserve Energy appeared first on COINTURK NEWS .