Musk the Manipulator could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did. Musk the Manipulator (MUSKMANI), a Solana memecoin launched today, is set to explode over 14,000% in price in the coming days. This is because MUSKMANI 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 cause its price to rally, which will benefit investors who buy before these new exchange listings. Currently, Musk the Manipulator 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 Musk the Manipulator could become the next viral memecoin. Musk the Manipulator launched with over $8,000 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 Musk the Manipulator 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 Musk the Manipulator by entering its contract address – DZpfk5LaLrnP6vSFJnLSMAopUuTJGiFk7543rQxh4ids – 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. 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 MUSKMANI. 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 post Usual Raises $10 Million in Series A Funding Round Led By Kraken, Binance Labs appeared first on Coinpedia Fintech News In a latest development, Usual has secured substantial funding of $10 million in its Series A round, led by Binance Labs and Kraken Ventures. Other backers included Galaxy Ventures, Guy from Ethena, Ondo, Coinbase Ventures, IOSG Ventures and OKX Ventures. Usual has distinguished itself in the competitive stablecoin market with its unique approach to digital currency. It has secured over $1.4 billion in total value locked, positioning itself among the top five stablecoins, and surpassing established players, including PayPal’s USD offering. By collaborating with projects like Ethena and Securitize (BlackRock’s BUIDL tokenizer), Usual is helping drive a new era of mature stablecoins, offering users more than just yield opportunities.
Investment advisors are expected to overtake hedge funds as the largest holders of U.S.-listed spot Bitcoin (BTC) exchange-traded funds (ETFs) by 2025, according to a new report by CF Benchmarks. The report, published today, predicts that investment advisors will control more than 50% of the Bitcoin (BTC) and Ethereum (ETH) ETF markets, signaling a shift in the makeup of ETF holders. Since the launch of 11 spot BTC ETFs in the U.S. on Jan. 11, investors have put more than $36 billion into these funds, providing an easy way for individuals to gain exposure to Bitcoin without having to hold or store the asset directly. Hedge fund managers lead the way with 45.3% of the ETFs, while investment advisors who manage capital for individuals and high-net-worth individuals own 28%. CF Benchmarks, a UK-regulated index provider behind several major digital asset benchmarks, predicts that investment advisors will lead the $88 trillion US wealth management industry in embracing Bitcoin and ETH ETFs in 2025. This trend is expected to be driven by increased demand from clients, a better understanding of digital assets, and the maturation of crypto products. The firm also predicts that combined net flows into BTC and ETH ETFs will exceed $40 billion, a year-on-year record. Related News: Silent Bull in Ethereum? Analytics Firm Reveals Bullish Signs “Investment advisor allocations will rise above 50% for both assets, reshaping the ownership mix of these ETFs,” CF Benchmarks said in its annual report. “As these products become staples in model portfolios, they will likely reshape the market for digital assets.” In addition to Bitcoin, investment advisors are already the dominant force in the ETH ETF market and are expected to further strengthen their position in 2025. The growth in asset tokenization is expected to continue, with tokenized real-world assets (RWA) expected to exceed $30 billion, further supporting the demand for digital asset investment vehicles. CF Benchmarks also notes that new stablecoins like Ripple’s RLUSD and Paxos’ USDG are expected to challenge the dominance of Tether’s USDT, whose market share has increased from 50% to 70%. Going forward, the report predicts that the scalability of the blockchain will be tested and that active user adoption will require increasing on-chain capacity beyond 1,600 transactions per second (TPS) due to regulatory clarity under President-elect Donald Trump’s administration. *This is not investment advice. Continue Reading: CF Benchmarks Announces 2025 Outlook for Bitcoin and Ethereum: “The Year of Records”
Tether, the issuer of the largest stablecoin by market cap, is announcing a $775 million investment into YouTube alternative Rumble. Rumble says in a press release that it will be using $250 million of the proceeds to support “growth initiatives” and the remaining capital to fund a self-tender offer for up to 70 million of its Class A common stock. Tether has agreed to acquire 103,333,333 Rumble Class A shares at $7.50. Meanwhile, Rumble chairman and CEO Chris Pavlovski will retain his controlling stake in the company. Says Pavlovski, “I truly believe Tether is the perfect partner that can put a rocket pack on the back of Rumble as we prepare for our next phase of growth.” On top of Rumble’s prioritization of free speech and decentralization, Tether CEO Paolo Ardoino says that the company also intends to look into a crypto payment solution for the YouTube rival. “Tether’s investment in Rumble reflects our shared values of decentralization, independence, transparency, and the fundamental right to free expression. In today’s world, legacy media has increasingly eroded trust, creating an opportunity for platforms like Rumble to offer a credible, uncensored alternative. This collaboration aligns with our long-standing commitment to empowering technologies that promote freedom and challenge centralized systems, as demonstrated through our recent collaborations and initiatives. Rumble’s dedication to fostering open communication and innovation makes them an ideal ally as we continue building the infrastructure for a more decentralized, inclusive future. Lastly, beyond our initial shareholder stake, Tether intends to drive towards a meaningful advertising, cloud, and crypto payment solutions relationship with Rumble.” 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. Featured Image: Shutterstock/Dk008 The post Stablecoin Issuer Tether Invests $775,000,000 Into YouTube Rival Rumble appeared first on The Daily Hodl .
Crypto exchange Crypto.com has launched a U.S. trust company dubbed Crypto.com Custody Trust Company. The exchange, founded in 2016 and currently boasting regulatory approval and licenses in numerous countries and jurisdiction, revealed the key development in a press release on Dec. 23. According to details, Crypto.com unveiled the U.S. trust company after it secured a trust company charter. With the launch of the digital custody firm, Crypto.com can now extend its custody services to eligible institutions and high net worth clients across the U.S and Canada. “Launching a U.S. trust company is our latest significant step in our product roadmap to building our business and presence in two of the most important and active crypto markets in the world – the U.S. and Canada,” Kris Marszalek, co-founder and chief executive officer of Crypto.com noted. The milestone points to Crypto.com’s keen interest and confidence in growth opportunities across North America, Marszalek added. According to him, the exchange has plans to enhance its presence further with new services and innovative products. You might also like: Crypto.com drops SEC lawsuit after Trump meeting Crypto.com plans to transfer all digital assets of customers in the U.S. and Canada to the new custody trust company. This will be the new custody platform for crypto assets of U.S. and Canadian customers, who the exchange will contact for the purposes of the migration. Despite this, the exchange has assured its clients in the region that access to accounts and funds will be available ahead of and during the exercise. In another development, Crypto.com announced that its Sports feature was now live for app and web users. The sports trading feature is available across the U.S. and will see users earn rewards for trading their “opinion on The Big Game.” Crypto.com is offering $1 million in a campaign program targeting new users. The promotion runs from December 23, 2024 to January 13, 2025. Recently, Crypto.com sponsored a professional golf tournament where prize payouts were in the native Cronos ( CRO ) token. You might also like: Crypto.com extends Formula 1 partnership through 2030
Crypto exchange Crypto.com has launched a U.S. trust company dubbed Crypto.com Custody Trust Company. The exchange, founded in 2016 and currently boasting regulatory approval and licenses in numerous countries and jurisdiction, revealed the key development in a press release on…
Key takeaways : Our Filecoin price predictions suggest an average market price of $17.28 by 2024. By 2027, the price is projected to reach $35.7 By 2030, FIL may reach $58.8. Filecoin is a decentralized storage network designed to securely and efficiently store humanity’s most important information. Launched by Protocol Labs in October 2020, it utilizes blockchain technology to create a peer-to-peer digital storage marketplace. Users can rent unused hard drive space to earn Filecoin tokens (FIL), the network’s native cryptocurrency. The system operates on a proof-of-replication and proof-of-spacetime consensus mechanism, ensuring that data is reliably stored over time and that storage providers hold the exact copies they claim. This approach incentivizes a robust and distributed network of storage providers, enhancing data retrieval speeds and security compared to traditional centralized servers. Filecoin aims to reduce the costs of storage services by leveraging the global surplus of storage capacity. As part of the broader Web3 ecosystem, it supports decentralized applications (dApps) and services that require secure, decentralized data storage solutions, which significantly advance decentralized internet infrastructure. Overview Cryptocurrency Filecoin Token FIL Price $4.84 Market Cap $2.97B Trading Volume $393.31M Circulating Supply 613.65M FIL All-time High $237.24 on Apr 01, 2021 All-time Low $1.83 on Aug 29, 2019 24 High $5.02 24 Low $4.69 Filecoin price prediction: Technical analysis Metric Value Price Prediction $ 4.90 (-0.73%) Volatility 14.43% 50-Day SMA $ 5.45 14-Day RSI 38.22 Sentiment Bearish Fear & Greed Index 70 (Greed) Green Days 16/30 (53%) 200-Day SMA $ 4.40 FIL price analysis Filecoin price analysis 1-day chart analysis FIL/USD chart. Image Source: TradingView On December 23, the 1-day chart for Filecoin (FIL/USD) indicates that the price is trading at $4.869, with a daily high of $5.047 and a low of $4.719. The Bollinger Bands show a tightening pattern, with the upper band at $8.579 and the lower band at $4.302, suggesting potential volatility. The SMA (20) sits at $6.440, serving as a significant resistance level. The RSI is at 46.73, reflecting an oversold momentum trending toward 36.79. This indicates that the price could stabilize or face downward pressure unless it breaks above $5.05 to target $6.50. Filecoin price analysis 4-hour chart analysis FIL/USD chart. Image Source: TradingView The 4-hour chart for Filecoin (FIL/USD) indicates the price at $4.860, with a daily high of $4.989 and a low of $4.834. The Balance of Power (BOP) is at -0.41, highlighting bearish momentum. The MACD (12,26) shows a slight bullish crossover with the MACD line at -0.205 and the signal line at -0.245, while the histogram indicates minimal upward momentum at 0.039. This suggests potential consolidation or mild recovery. The price remains below recent resistance at $5.00, with support around $4.80. Breaking above $5.00 could indicate recovery, while a drop below $4.80 may signal continued bearish pressure. Filecoin technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $ 5.86 SELL SMA 5 $ 5.74 SELL SMA 10 $ 6.04 SELL SMA 21 $ 6.68 SELL SMA 50 $ 5.45 SELL SMA 100 $ 4.57 BUY SMA 200 $ 4.40 BUY Daily exponential moving average (EMA) Period Value Action EMA 3 $ 5.78 SELL EMA 5 $ 6.02 SELL EMA 10 $ 6.33 SELL EMA 21 $ 6.37 BUY EMA 50 $ 5.70 SELL EMA 100 $ 5.07 SELL EMA 200 $ 4.88 BUY Filecoin technical analysis: Conclusion Based on the 1-day and 4-hour Filecoin (FIL/USD) charts, the price appears to be in a consolidation phase near $4.860. The Bollinger Bands in the daily chart indicate reduced volatility, with the RSI at 46.73 showing oversold momentum. The 4-hour MACD displays a slight bullish crossover, but the Balance of Power remains negative at -0.41, suggesting sellers still dominate. If bulls push the price above $5.00, it may target resistance near $6.50, supported by daily SMA (20). However, a breakdown below $4.80 could lead to further bearish momentum, potentially testing the $4.30 lower Bollinger Band on the daily chart. Is Filecoin a good investment? Filecoin is a decentralized storage network aiming to revolutionize data storage. Its investment potential depends on market adoption and competition. Like all cryptocurrencies, it carries significant risks due to volatility. Investors should carefully research and assess their risk tolerance before considering investing. Does Filecoin have a future? Filecoin’s future appears promising due to its unique position in decentralized data storage, addressing the growing demand for secure alternatives to traditional cloud services. Analysts predict potential price increases, with estimates suggesting it could reach $59 by 2030, contingent on market conditions and adoption rates Can Filecoin reach $50? Based on our current price predictions, Filecoin is likely to reach $50 by 2030. The projected Filecoin price stands at a maximum price of 58.8 by 2030. Is it worth investing in Filecoin? Investing in Filecoin may be worthwhile due to its innovative approach to decentralized data storage, which meets growing demand in the tech sector. However, potential investors should consider market volatility and conduct thorough research, as price predictions vary widely, reflecting both optimism and caution among analysts Is Filecoin safe? Filecoin employs cryptographic security for its decentralized storage network and rebust security protocols, including a cryptographic proof for data integrity, but it is not without risks. Potential issues include market volatility, regulatory uncertainty, and technical vulnerabilities. Users should thoroughly research and exercise caution when using or investing in Filecoin. Is Filecoin built on Ethereum? Filecoin is not built on Ethereum; it operates on its blockchain. However, it has integrated with Ethereum to enhance functionality, enabling smart contracts and facilitating interactions between the two ecosystems. This collaboration allows developers to leverage both platforms for decentralized storage and applications Recent news / Opinions on Filecoin Filecoin and IPFS push boundaries as space becomes the new arena for resilient data tech! Space isn't the final frontier—it's the next destination for resilient, open-source communication. @IPFS has gone beyond Earth, paving the way for a new era in space tech with cryptographic verifiability and transport-agnostic protocols. https://t.co/sBCbcpXSt3 — Filecoin (@Filecoin) November 4, 2024 Filecoin partners with Bagel Network to elevate AI reasoning, pushing towards LLMs that think smarter! Interesting insights from @bagel_network on advancing AI reasoning. Filecoin's decentralized storage aims to provide the secure, scalable foundation AI needs – preserving knowledge and enabling robust compute. How do we get closer to LLMs that truly think? https://t.co/kOQhNlV1v0 — Filecoin (@Filecoin) November 6, 2024 Filecoin price prediction December 2024 Filecoin’s market price in December is predicted to reach a maximum price of $8, with a minimum price of $7.77 and an average trading price of $7.91. Filecoin price prediction Potential Low Potential Average Potential High Filecoin Price Prediction December 2024 $7.77 $7.91 $8.00 Filecoin FIL price Forecast 2024 The Market price for FIL is expected to reach a Maximum price of $17.28 by 2024. However, traders can expect a minimum trading price of $6.98, with an average price of $16.86. Filecoin price prediction Potential Low Potential Average Potential High Filecoin price prediction 2024 $6.98 $16.86 $17.28 Filecoin Price Forecast 2025 – 2030 Filecoin Price Prediction Potential Low ($) Potential Average ($) Potential High ($) 2025 $16.84 $19.18 $20.3 2026 $23.16 $27.4 $28.4 2027 $30.23 $34.7 $35.7 2028 $30.23 $34.7 $35.7 2029 $37.32 $41.15 $43.17 2030 $53.06 $57.34 $58.8 Filecoin Price Prediction 2025 The Filecoin forecast for 2025 suggests a price range of $16.84 to $20.30, with an average fil rate of $19.18. Filecoin Price Prediction 2026 In 2026, FIL’s Average price is expected to be $27.4. Its minimum and maximum trading prices are predicted to be $23.16 and $28.4, respectively. Filecoin (FIL) price prediction 2027 The price for Filecoin is predicted to reach a maximum value of $35.70 in 2027. On the lower end, FIL is expected to trade at $30.23, with an average of $34.7. Filecoin Price Prediction 2028 Traders can expect an average trading price of $34.70, with minimum and maximum prices of $30.23 and $35.7, respectively, in 2028 Filecoin Price Prediction 2029 For 2029, the price prediction for FIL is expected to be around a minimum value of $37.32, with an average value of $41.15. Nonetheless, FIL is expected to trade at a Maximum value of $43.17. Filecoin (FIL) price prediction 2030 In 2030, FIL’s average forecast price could be $57.34. Its minimum and maximum trading price is expected to be $53.06 and $58.8, respectively. Filecoin Price Prediction 2024 -2030 Filecoin market price prediction: Analysts’ Filecoin price forecast Firm Name 2024 2 025 Priceprediction.net $8.94 $14.80 Changelly $7.80 $10.01 Cryptopolitan’s Filecoin(FIL) price prediction According to Cryptopolitan projections, the price of FIL could reach a maximum of $17.28 by 2024. However, traders should also be aware of potential market volatility, which could reduce the price to a minimum of $6.98. The average trading price for FIL is expected to hover around $16.86, indicating both optimistic market trends and the risks of potential declines. Filecoin’s historic price sentiment Filecoin price history: Coinmarketcap Filecoin (FIL) started trading in December 2017, a short period after conducting its ICO. Trading started long before the Filecoin mainnet was released. Between December 2017 and May 2020, FIL traded below $30. Then, starting mid-May, the Filecoin price started rising, and the bull trend continued until 01st April 2021, when it hit its highest price of $237.24. After hitting its all-time high in mid-May 2021, Filecoin took a bearish turn, which continued until mid-July when the market turned bullish again. Filecoin (FIL) experienced notable price fluctuations between 2022 and 2023. Starting 2022 at a higher value, FIL’s price declined amidst the broader crypto market downturn. The price fluctuated throughout 2022, influenced by market sentiment, technological developments, and broader economic conditions. Entering 2023, Filecoin (FIL) exhibited a dynamic price trajectory. The year commenced with FIL at $3 in January, experiencing a gradual ascent amid market fluctuations. By mid-year, it surged slightly to $4.32. At the beginning of January 2024, Filecoin prices varied, starting the year at $7.65 and peaking at $7.18 the following day. There was a significant drop in the subsequent days, with prices dipping to a low of $5.83 on January 14th. Throughout the following months, the price of Filecoin generally trended downward, from the highs of early January to more moderate levels. By March, the prices showed more stability, fluctuating between $5.60 and $6.15. Filecoin (FIL) began April with a high of $6.58, experienced a mid-month low of $5.14, and closed around $6.14 towards the end of the month. May 2024: The price opened at $6.03, dipped to a low of $5.42 by mid-May, and stabilized around this lower value by May 13th, indicating continued volatility. June 2024: FIL is trading between $4.18 – $6.73. On July 30, Filecoin’s price traded at $4.33, but it dropped to $3.57 by August 31, showing a decrease over the month despite a marginal increase in 24-hour trading volume of $95.24 million. Between September 28 and November 3, Filecoin (FIL) experienced a consistent decline in price, falling from $4.13 to $3.3743. Its trading volume dropped from $157.63 million on October 2, when the price was $3.50, to $80.79 million by November 3, reflecting reduced market activity. By the end of October, FIL traded at $3.4657, highlighting the asset’s ongoing bearish trend. On December 05, FIL traded at $8.03
Bitcoin suffers a significant drop, reaching a low of $92,690. Altcoins show signs of overselling, indicating potential buying opportunities. Continue Reading: Market Trends Show Bitcoin and Altcoins Facing Significant Drops The post Market Trends Show Bitcoin and Altcoins Facing Significant Drops appeared first on COINTURK NEWS .
Crypto Dominance Shifts in Last 24 Hours: Bitcoin -1.58%, BNB +5.81%, Solana +4.78%, Ethereum +2.28%, USDT +0.54% ————— 💰Coin: Bitcoin ( $BTC ) $93,225.10 Solana ( $SOL ) $188.12 Ethereum
The team behind the largest decentralized crypto exchange (DEX) by trading volume is confirming the launch of its highly-anticipated layer-1 blockchain Unichain. In a new blog post, Uniswap Labs says that, after the successful public testnet phase of the Unichain launch, the launch of a public mainnet is the next step. The firm says Unichain will begin its transition to mainnet on January 6, 2025. “The next major milestone focuses on decentralization, which is core to Unichain. Mainnet will go live with Permissionless Fault Proofs on day one, allowing anyone to verify the chain’s activity. This process will begin on January 6, 2025, when Unichain Sepolia will undergo planned maintenance to enable Permissionless Fault Proofs. Once the new system’s safety and stability are validated, mainnet will be open for everyone! Users will be able to bridge funds directly to the network, and applications supporting Unichain will go live. Rollup-Boost will go live on mainnet shortly after launch, leveraging Flashbots’ TEE-based block builder to enable revert protection and verifiable priority ordering for transactions.” Source: Unichain.org According to Uniswap Labs, the launch of an “experimental testnet” will follow the conclusion of the public mainnet phase. “The first feature on public experimental testnet will be Flashblocks, which will bring effective block times down to 250 milliseconds, making transactions feel instant. The Unichain Validation Network will also launch on experimental testnet, and the community will be invited to run test validation nodes.” 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: Midjourney The post Uniswap Labs Says New Layer-1 Network Unichain To Launch in ‘Early 2025’ appeared first on The Daily Hodl .