MicroStrategy adds three new members to its board of directors. The company continues to purchase Bitcoin, increasing its total holdings. Continue Reading: MicroStrategy Expands Board with New Members to Strengthen Bitcoin Strategy The post MicroStrategy Expands Board with New Members to Strengthen Bitcoin Strategy appeared first on COINTURK NEWS .
Recent unverified reports indicate that the United Arab Emirates (UAE) may hold over $40 billion in Bitcoin, which could position it as a leading global player in cryptocurrency. As speculations
Two 23-year-olds from California, Gabriel Hay and Gavin Mayo, were arrested in Los Angeles for allegedly defrauding investors of over $22 million in crypto assets through a series of NFT rug pulls. The United States Department of Justice announced that the pair face charges including conspiracy to commit wire fraud, wire fraud, and stalking. According to prosecutors, Hay and Mayo promoted various NFT and digital asset projects, providing misleading roadmaps and making “materially false and misleading statements” about their intentions to fulfill project promises. One such project, Vault of Gems, was marketed as the first NFT project “pegged to a hard asset.” However, prosecutors claim the duo abandoned the initiative after collecting millions from investors. Principal Deputy Attorney General Nicole Argentieri stated: “Gabriel Hay and Gavin Mayo allegedly defrauded investors in digital asset projects of tens of millions of dollars and threatened an individual who attempted to expose their roles in these fraudulent schemes.” When a project manager revealed their involvement in another NFT project, Faceless, Hay and Mayo allegedly resorted to harassment and intimidation, targeting the individual and their family. The Justice Department revealed that the duo used similar tactics across multiple projects, including Sinful Souls, Clout Coin, Dirty Dogs, MoonPortal, and Squiggles. To obscure their involvement, they reportedly misrepresented others as the project owners. Argentieri emphasized the Justice Department’s commitment to combating digital asset fraud, saying: “Fraudsters take advantage of new technologies and financial products to steal investors’ hard-earned money.” Officials vowed to work with law enforcement to uproot crypto fraud schemes and protect investors.
Could Web3Bay Transform the E-commerce Landscape? Latest Updates on Celestia & Tron Prices What’s currently turning heads in the cryptocurrency realm? Celestia’s innovative modular blockchain approach is gathering steam following the debut of its Mainnet Beta, Lemon Mint. Meanwhile, TRON (TRX) continues to grow, with its user base now exceeding 271 million and transaction volumes reaching unprecedented heights, enhancing its potential for further expansion. Now, enter Web3Bay, bringing a novel twist to decentralized e-commerce. Poised to be dubbed the blockchain’s Amazon, Web3Bay grants users unparalleled control and ownership over their shopping experiences. With promising returns on investment and a model centered around community governance, Web3Bay is emerging as a top contender among these innovative projects. Celestia: A Catalyst for Modular Blockchain Growth Celestia is rapidly carving a niche with its modular blockchain architecture, enhancing flexibility and scalability across a range of decentralized applications. The rollout of its Mainnet Beta, Lemon Mint, has been a pivotal event, positioning it as the first network dedicated to modular data availability, sparking widespread enthusiasm. This cutting-edge framework allows for multiple blockchains to operate simultaneously, tailored to distinct needs, thus escalating demand and triggering a rise in Celestia’s market value. Alongside its mainnet, Celestia introduced its native token, TIA, endowing holders with governance rights and participation in consensus mechanisms. Celestia’s capability in efficient data management and transaction execution establishes it as a frontrunner in redefining blockchain interconnectivity. Tron: Achieving Milestones in Growth & Transactions Tron has maintained a trajectory of solid growth, setting new records in both user base and transaction activity. With over 271 million accounts and upward of 50 million transactions weekly, Tron is solidifying its position as a powerhouse in the Web3 ecosystem. The recent 12.90% uplift in TRX prices is a testament to the increasing confidence in its scalability and operational efficiency. More than just numbers, Tron’s commitment to expanding decentralized applications and enhancing transaction speeds keeps it at the forefront of the industry. With analysts predicting continued increases for TRX in 2025, Tron’s vibrant ecosystem and ongoing innovations present an attractive prospect for those engaged in the evolving Web3 sphere. Web3Bay: A Powerhouse in Decentralized E-commerce Web3Bay is on track to shake up the world of decentralized e-commerce, setting its sights on becoming a major rival to established platforms like eBay. With cryptocurrency usage booming and an estimated 400 million crypto shoppers globally, Web3Bay’s marketplace is ready to capture a massive audience by offering a secure, user-centric space for online deals. What sets Web3Bay apart? It gives control back to the users, allowing them to handle their own data and transactions transparently—something you won’t find on traditional e-commerce sites. The early birds who invested in Web3Bay’s 3BAY token are already reaping big rewards. Those who got in at the first presale stage with the token priced at just $0.003 have seen an explosive ROI of 6430% by the time it reached $0.1959 in the final presale stage. Analysts are buzzing about the potential for an ROI of up to 40,000%. This standout early performance signals massive growth potential as Web3Bay gears up for its full launch, promising a more user-friendly and decentralized shopping experience that could attract even more users. Web3Bay isn’t just another e-commerce site; it’s a community-driven platform where users have a say in its future, leading to a deeply engaged community dedicated to the platform’s success. Poised to challenge the biggest names in e-commerce, Web3Bay combines the clear benefits of blockchain transparency with solid e-commerce functionalities, making it an irresistible option for anyone excited about the future of online shopping powered by cryptocurrency. Don’t miss out on what could be the next big thing in e-commerce. The Final Thought With distinct advantages in their respective areas, Celestia, Tron, and Web3Bay are each defining their spaces within the crypto ecosystem. Celestia’s flexible and scalable modular blockchain is drawing significant attention for its novel approach. Tron’s continuous growth in user numbers and transactions underscores its robust presence in Web3. Yet, Web3Bay stands out with its dedicated focus on decentralized e-commerce, appealing to the vast and growing demographic of crypto users while offering substantial ROI. Ready to rival well-established platforms, Web3Bay blends community-driven governance with blockchain transparency, positioning itself as a thrilling option for the future of online commerce powered by cryptocurrency. Join Web3Bay Presale Now: Presale: https://web3bay.io/buy Website: https://web3bay.io/ Twitter: https://x.com/web3bayofficial Instagram: https://www.instagram.com/web3bayofficial/ 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 .
Unverified reports suggest the UAE holds $40B in Bitcoin, potentially surpassing the U.S. and China. The market wonders: will it sell or hold for the long term?
For crypto enthusiasts, 2024 has been a busy and rewarding year. From the approval of Bitcoin and Ethereum spot ETFs to Trump being re-elected as U.S. President, bringing hope for clearer crypto regulation, and Bitcoin breaking the $100,000 mark, we have witnessed milestone after milestone in the crypto industry. This year, HTX Square has also made significant strides. We have kept pace with industry developments, staying at the forefront of market trends. Leveraging HTX’s industry-leading strengths, we produced a wealth of professional and engaging crypto content. Through a unique lens, we presented readers with a vivid picture of HTX and the broader crypto ecosystem. We also launched several interactive events in the HTX Community, engaging users with fun topics and rewards, garnering widespread participation and praise. These achievements were made possible by the support and help of our users throughout the year. Our unwavering goal remains to become “the Ultimate Destination for Crypto Enthusiasts.” With Christmas and the New Year approaching, the grandest celebration has already begun. HTX Square is launching a special “Holiday Season Giveaway” event to express our heartfelt thanks and show our appreciation to our users. Event Details: In 2025, HTX Square aims to create even higher-quality content, making continuous progress in the crypto world alongside more users. What are your New Year’s wishes? Feel free to share them with us here . Fill in your 2025 New Year’s wishes and complete the simple HTX Square survey for a chance to win a share of 200 USDT in prizes. Additionally, participants who provide feedback and suggestions for the development of HTX Square will get an extra chance to win a share of 100 USDT. Event Link: http://sw6tpxomzdxduimk.mikecrm.com/hcsK1Mo Event Period: December 24, 2:00 – January 5, 15:59 (UTC) Prizes: Good Fortune Prize (10 winners): 20 USDT each Progress Prize (10 winners): 10 USDT each Rules: To participate in the “Good Fortune Prize” raffle, complete the event form with your HTX UID, 2025 New Year’s wish, and the HTX Square survey questions. To be eligible for the “Progress Prize” raffle, provide feedback and suggestions for HTX Square’s development, or share what new content you would like to read in 2025. All winners will be selected via random drawing. Participants are eligible to win both the “Good Fortune Prize” and the “Progress Prize.” Participants must complete L3 KYC verification before the end of the event to be eligible for rewards. If a winner has not completed L3 KYC verification, they will forfeit their eligibility. Once the lucky draw picks are made, HTX Square will publish the list of winners in the HTX Community. The post Holiday Season Giveaway! Celebrate Christmas with HTX Square and Kick Off 2025 with Good Fortune first appeared on HTX Square .
COINOTAG reported on December 24th that Robinhood’s CEO, Vladimir Tenev, indicated in a recent interview the firm’s potential interest in Bitcoin. While recognizing the growing demand for cryptocurrency among users,
Best Cryptos to Buy Now With Over 372M Qubetics Tokens Sold at $0.0377 While XRP Targets $3–$7.5 and SUI Surges 231% The crypto market is buzzing with activity as December 2024 unfolds. XRP, Ripple’s native token, has seen significant whale activity, suggesting a major price move ahead. Large-scale purchases by whales indicate growing confidence in XRP’s future, with potential price targets of $3 to $7.5 by 2025. Similarly, SUI, the native token of the Sui Network, has experienced a remarkable surge, with its price pumping 231% over the past year. Dubbed the “Solana killer,” SUI’s growth is attracting attention from investors seeking the next big opportunity in crypto. Amidst these developments, Qubetics ($TICS) is making waves by addressing challenges that earlier cryptocurrencies have struggled to overcome. By focusing on user-friendly solutions and seamless integration with existing financial systems, Qubetics aims to make cryptocurrency transactions as straightforward as traditional payment methods. This approach not only simplifies the user experience but also bridges the gap between digital and fiat currencies, fostering broader adoption among businesses and individuals. Qubetics ($TICS): Revolutionizing Digital Transactions Qubetics is on a mission to streamline digital asset management with its Non-Custodial Multi chain Wallet. This innovative wallet integrates seamlessly with major financial platforms like Apple Pay and Google Pay, making crypto transactions as simple as swiping a card. By eliminating the complexities often associated with digital assets, Qubetics is paving the way for everyday use of cryptocurrencies. Imagine a freelancer working with clients worldwide. With Qubetics, they can receive payments in various cryptocurrencies, which are automatically converted into their preferred fiat currency at the point of sale. This feature protects them from market volatility and ensures they receive the exact amount expected, without the need to manually convert or worry about fluctuating exchange rates. As of now, Qubetics is in its 14th presale stage, having sold over 372 million tokens to more than 11,500 holders, raising upwards of $7.5 million. Tokens are currently priced at $0.0377, with a 10% price increase anticipated in the upcoming 15th stage this weekend. This presents a timely opportunity for investors to join before the next price surge. Ripple (XRP): Whale Activity Signals Potential Surge XRP, the digital asset associated with Ripple, has recently garnered significant attention due to increased whale activity. Large investors have accumulated substantial amounts of XRP, indicating a bullish sentiment and the potential for a significant price movement. For instance, consider a scenario where a major financial institution decides to adopt Ripple’s technology for cross-border payments. This move could streamline their operations, reduce transaction costs, and expedite processing times. Such real-world applications highlight XRP’s utility and its potential to revolutionize traditional financial systems. Market analysts have responded to this whale activity with optimistic forecasts for XRP’s future. Predictions suggest potential price targets of $3 to $7.5 by 2025, based on current accumulation trends and investor confidence. SUI (SUI): A Rising Star in the Crypto Space SUI, the native token of the Sui Network, has been making significant strides in the cryptocurrency market. Over the past year, SUI’s price has surged by 231%, reflecting growing interest and investment in the platform. Imagine a tech startup looking to develop a decentralized application (dApp) with high throughput and low latency. By building on the Sui Network, they can leverage its scalable infrastructure to deliver a seamless user experience, accommodating a growing user base without compromising performance. Analysts are optimistic about SUI’s future, with some predicting that the token could reach new all-time highs in the coming months. This positive outlook is supported by the network’s expanding ecosystem and increasing adoption. Wrapping It Up The cryptocurrency landscape in December 2024 presents a variety of promising opportunities. Qubetics is simplifying digital transactions with its user-friendly wallet, XRP is showing potential for significant growth due to increased whale activity, and SUI is emerging as a strong contender in the crypto market with its impressive price surge. Based on the latest research, we recommend considering Qubetics ($TICS), Ripple (XRP), and SUI (SUI) as some of the best cryptos to buy in December 2024. For More Information: Qubetics: https://qubetics.com/ Telegram: https://t.me/qubetics Twitter: https://twitter.com/qubetics 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 .
MicroStrategy, a leader in Bitcoin investments, is gearing up for a Special Shareholder Meeting on December 24th, as reported by Cointelegraph. The primary agenda for this meeting will center around
Binance.US expects digital assets to anchor mainstream finance in 2025, despite ongoing legal battles with the SEC that the company says have stifled innovation. Binance.US Interim CEO Reflects on Challenges, Eyes Crypto’s Future in 2025 Binance.US Interim CEO Norman Reed has shared his reflections on the platform’s challenges and growth prospects as 2025 approaches, underscoring