Keep Your Crypto Safe: The Most Secure Crypto Wallets of 2024! Crypto losses due to security breaches reached record levels this year, surpassing $2 billion, while hacking incidents jumped 21% compared to last year. These alarming statistics highlight the growing need for the most secure crypto wallets. But security isn’t the only factor to consider. The ideal wallet should also offer advanced features that help users stay ahead of market trends and maximize their gains. This includes cross-chain flexibility, trading tools, and options for earning passive income. This guide reviews the four most secure crypto wallets of the year: Plus Wallet, Trust Wallet, OKX Wallet, and Ledger Wallet. This in-depth look at their features and benefits will help users choose the best option for securing their assets today. 1. Plus Wallet: The Secure Wallet That Rewards Every Trade Plus Wallet stands out as one of the most secure crypto wallets, offering top-tier protection along with a variety of powerful features. By storing private keys directly on users’ devices, it ensures complete control and sole access to assets. This local storage, along with encryption, minimizes the risks associated with third-party storage. To further enhance security, Plus Wallet includes two-factor authentication, adding an extra layer of protection in case a device is compromised. Beyond its strong security measures, Plus Wallet provides great flexibility. Its cross-chain support allows users to manage a variety of assets from one platform, simplifying the process. The wallet also features quick token listings, with new tokens available in just 15 minutes, giving users early access to new opportunities. Plus, users can enjoy these benefits while earning a continuous passive income, as Plus Wallet rewards users for every trade. This combination of robust security, and user-centric features makes Plus Wallet the most secure crypto wallet for those looking for safety, convenience, and earnings today. 2. Trust Wallet: A Gateway to dApps and NFTs Trust Wallet is a versatile app that supports a wide range of cryptocurrencies and tokens across different blockchains. It includes a dApp browser, which allows access to popular decentralized applications like Uniswap and Compound, as well as NFT marketplaces such as OpenSea. The wallet makes transferring cryptocurrencies simple and secure. However, its customer support and educational resources may be less extensive compared to other platforms, which could be a limitation for users looking for detailed guidance. Additionally, Trust Wallet’s association with Binance, a centralized exchange, may not align with the preferences of users seeking full decentralization. 3. OKX Wallet: The Multi-Chain Security Solution OKX Wallet is a non-custodial, multichain tool for managing cryptocurrencies. Available on Mac OS and Windows, it supports major blockchains, including Tron, allowing users to send, receive, and swap TRX. The wallet features Multi-Party Computation (MPC), which divides private keys into three parts, offering enhanced security by reducing the risk of key compromise. It also allows seamless swaps between non-underlying and underlying tokens. However, OKX Wallet’s fiat deposit and withdrawal options are limited, which may be a concern for users who need to frequently convert cryptocurrencies into fiat currency. 4. Ledger Wallet: The Versatile Hardware Wallet Wrapping up this list of the most secure crypto wallets of 2024 is Ledger, a reliable hardware solution. Ledger Wallet, including the Nano S Plus and Nano X models, provide a secure and versatile way to manage a variety of cryptocurrencies. The Ledger Live app simplifies asset management with an intuitive interface. Both devices are compact and portable, making it easy to manage assets securely while on the go. The Nano X model also features Bluetooth connectivity for wireless management through mobile devices. However, Ledger offers convenience and security, its devices can be relatively expensive. Additionally, it features closed-source software, which has drawn criticism from users for lacking transparency. The Final Word While each wallet has earned its place as one of the most secure crypto wallets today, its unique features cater to different user needs. OKX Wallet is ideal for users looking for a convenient desktop wallet, though it may not suit those who require fiat options. Ledger Wallet is great for those seeking hardware storage, offering a range of options at different price points. Trust Wallet and Plus Wallet stand out for users wanting multi-chain support and a wide range of asset management. However, Trust Wallet may not appeal to those prioritizing complete decentralization. Plus Wallet, on the other hand, excels for users looking for effortless passive income, as it rewards users simply for trading. 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 .
X user published over 140 million tweets mentioning Bitcoin on Elon Musk’s social media network. Crypto conversation on X increased in 2024 compared to 2023 as Bitcoin ( BTC ) developments dominated digital asset mindshare on the platform formerly known as X. Posts containing “Bitcoin” grew 65% year-over-year according to data from social listening protocol Visibrain seen by crypto.news on Boxing Day. Posts mentioning BTC on X in 2024 | Source: Visibrain Bitcoin mentions peaked in early 2024, coinciding with approval for spot BTC exchange-traded funds issued by the U.S. Securities and Exchange Commission. The Wall Street spot BTC ETF complex managed over $110 billion in investor assets, more than holdings attributed to BTC’s creator, Satoshi Nakamoto. BTC chatter on X retreated from January highs as the year unfolded, spiking from social sentiment lows at the $60,000 mark and the halving, a blockchain tweak that happens every four years to improve BTC scarcity. You might also like: BTC crosses the hallmark of 19.8 mined units on Xmas eve. It’s time to talk about Bitcoin’s supply cap Monthly BTC mentions via X consolidated until rallying again in November, spurred by President-elect Donald Trump’s victory and promises of turning America into the world’s crypto capital . In early December, social media BTC discussions neared levels seen right after spot BTC ETF approval. Over 1 million X posts were published as the top cryptocurrency hit $100,000 for the first time, breaking the six-figure psychological barrier. BTC changed hands for $95,000 a day after Christmas as the Santa Rally cooled off heading into the New Year. 24-hour BTC price chart – Dec. 26 | Source: crypto.news Read more: Should web3 devs be building tribes, not just tools? | Opinion
X user published over 140 million tweets mentioning Bitcoin on Elon Musk’s social media network.
Amid the bullish season, Grayscale XRP ETF (Grayscale XRP Trust) has grown impressively, surging by over 218% since…
The post XRP Crash Incoming? Price Fails to Hold $2.20 Level appeared first on Coinpedia Fintech News Amid ongoing market uncertainty, XRP, the native token of Ripple Labs, is poised for a notable price decline following the formation of bearish price action. Besides XRP, the overall cryptocurrency market seems to be struggling to gain momentum and is facing a significant price decline. XRP Current Price Momentum At press time, XRP is trading near $2.153 and has experienced a price decline of over 6.8% in the past 24 hours. During the same period, its trading volume jumped by 7%, reflecting heightened participation from traders and investors and suggesting concerns about a potential price decline. Why is the XRP Price Falling? However, the potential reason behind XRP’s price decline is the upcoming unlock of 1 billion tokens, as reported by CoinPedia , along with the current market sentiment. Falling Open Interest Additionally, traders appear hesitant to build new positions, potentially due to significant volatility in the market. According to Coinglass data, XRP’s open interest has dropped by 31%, hinting at the liquidation of traders’ positions in the past 24 hours. Traders Long Liquidation This price decline has liquidated $6.84 million worth of XRP long positions out of a total of $7.68 million in overall liquidations, as revealed by the on-chain analytics firm Coinglass. XRP Technical Analysis and Upcoming Level Amid this bearish outlook, XRP has failed to hold its crucial support level of $2.20. Since the beginning of December 2024, the price has reached this level four times, each time witnessing upside momentum. However, XRP has now failed to maintain this level and appears to be falling toward the next support area. Source: Coinglass However, XRP still has a chance to mitigate the price decline. Based on recent price action and historical momentum, if the altcoin closes a daily candle below the $2.15 level, there is a strong possibility it could drop by 14%, reaching the $1.88 mark in the near future. XRP’s bearish thesis will hold only if it closes a daily candle below the $2.15 mark, otherwise, it may be invalidated.
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 post Just In: U.S. Congress to Prioritize Crypto Legislation in 2025, Focusing on Stablecoins and FIT21 Act appeared first on Coinpedia Fintech News With the incoming pro-crypto administration under Trump, the U.S. Congress is expected to prioritize crypto legislation in 2025, focusing on key issues like stablecoins and the FIT21 Act. Notably, in 2025, several cryptocurrency bills could potentially be passed in the United States – Financial Innovation and Technology for the 21st Century Act (FIT21): This bill aims to establish a clearer regulatory framework for digital assets, defining whether they are securities or commodities. The bill has already passed the House and would grant more power to the CFTC for overseeing crypto markets, particularly for digital commodities like Bitcoin. However, the passage of the proposal in the Senate is uncertain, although there is significant bipartisan interest, as highlighted in recent discussions. Stablecoin Legislation: Discussions around stablecoin regulation have been ongoing, with bills like the Clarity for Payment Stablecoins Act being considered. There’s a focus on providing regulatory clarity and consumer protections for stablecoins, which could potentially be included in broader financial legislation or passed as standalone bills. This would involve setting criteria for issuers and ensuring stablecoins are backed appropriately. Digital Asset Market Infrastructure Bill: This legislation would deal with aspects like custody and the integration of digital assets into traditional financial systems. There’s talk of this bill potentially passing in early 2025, suggesting a push towards infrastructure that supports crypto in financial services. General Regulatory Clarity: There’s an overarching push for regulatory clarity in the crypto space, with lawmakers like Rep. French Hill prioritizing digital asset legislation in the new Congress. This could lead to a variety of bills aimed at addressing different aspects of crypto, from taxation to AML/KYC requirements, shaping the regulatory environment for cryptocurrencies. The political climate, with a pro-crypto bipartisan approach and potential support from the incoming administration, indicates that 2025 might see significant legislative action on cryptocurrency, although the exact scope and nature of these bills will hinge on many factors like political negotiations, regulatory agency input, and public sentiment.
Ethena price retreated for three consecutive days as exchange balances continued rising and as whales sold their tokens. Ethena (ENA) token dropped to $0.95, moving below the psychologically important level of $1 for the first time since Dec. 20. The…
Ethena price retreated for three consecutive days as exchange balances continued rising and as whales sold their tokens. Ethena ( ENA ) token dropped to $0.95, moving below the psychologically important level of $1 for the first time since Dec. 20. The ongoing crash is caused by the risk-off sentiment in the crypto industry, which has caused Bitcoin ( BTC ) and other prices to be lower. It also happened as on-chain data showed that whales were selling their tokens. The biggest transaction occurred when a whale sent 11.6 million ENA tokens worth $11 million to Binance, the biggest crypto exchange. In another transaction, one trader moved ENA tokens valued at $10.7 million to the Binance. Ethena whales dumped tokens worth $30 million on Thursday, Dec. 26. These sales happened a week after Arthur Hayes, Bitmex founder and earlier investor, sold some of his ENA tokens . According to Nansen, Hayes now owns 18,616 coins valued at $17,458. Ethena price also fell as tokens on exchanges continued rising, a popular bearish view. These tokens increased by 5.82% in the last seven days to over 730.27 million. Total supply on exchanges moved to 4.87%, up by 0.27% a week ago. Ethena exchange balances | Source: Nansen Meanwhile, inflows into Ethena’s USDe stablecoin have stalled. The coin has a market cap of $6 billion , where it has been in the past few days, a sign of sluggish demand. Ethena USDe stablecoin | Source: DeFi Llama Ethena price analysis ENA price chart | Source: crypto.news Technicals suggest that Ethena may have more downward to go as it has formed a head and shoulders pattern on the four-hour chart. This pattern comprises a neckline, which is at $0.8552, two shoulders, and a head. In most periods, the pattern leads to a strong downward momentum when it moves below the neckline. Ethena has also moved to the 38.2% Fibonacci Retracement level and slipped below the 50-period moving average. It also fell below the strong pivot reverse level of the Murrey Math Lines. Therefore, the token will likely continue falling, with the immediate target being the H&S’s neckline at $0.8552. A drop below that level will point to more downside, potentially to the extremely oversold level of $0.5860. You might also like: Here’s why meme coins like Floki, SHIB, Fartcoin are crashing Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Post-Christmas, the cryptocurrency market turned red, with most assets suffering heavy losses. Tron (TRX) is not immune to the downturn. Earlier this month, the asset reached a new peak and reclaimed the 10th spot by market cap, which sparked a renewed sense of hope in the community. But the latest pullback extended its losses. As a result, TRX is down by over 43% from its recently established all-time high of $0.43 to the current price level of $0.25. However, data points to the formation of a local bottom soon. TRX Nearing a Turning Point? CryptoQuant’s analysis of TRX’s price heatmap revealed that the green trend, represented by the one-year moving average plus two sigma, could serve as a crucial support level during the current market correction. Historically, this green trend has acted as a strong foundation during bull rallies, and it is anticipated to provide similar support, potentially marking a local bottom for TRX’s price. TRX Chart. Source: CryptoQuant The current levels for the green, purple, and blue trends are $0.23, $0.40, and $0.49, respectively. These levels are dynamic and will likely adjust upward with increased interest and demand. As the market heats up, attention should be given to the purple and blue trends, which may act as resistance zones. If TRX price stays above the green trend, it could signal the start of a new upward trend. On the other hand, CryptoQuant warned that a drop below the green trend might indicate a weakening bull cycle. As demand strengthens, Tron’s price could target the purple and blue trend levels, with a breakthrough above the 0.40 level offering strong market confidence. What’s Next For Tron? Earlier this month, TRX’s rally was driven by speculations about Grayscale listing and Tron founder Justin Sun’s initiatives, including a $30 million purchase of WLFI tokens tied to Trum’s project and his advisory role. Sun’s involvement with the artwork “ Comedian ” has also engaged the community, igniting ripple effects for tokens like BAN and related projects. Despite the latest setback to the rally, experts point to a moderately favorable year ahead for the asset. CoinCodex, for one, predicted that TRX could see a modest 2.93% price increase to $0.264 by January 24, 2025. The sentiment remains neutral, while the Fear & Greed Index reflects high optimism at 73 (Greed). TRX has demonstrated 50% green days and 17.17% volatility over the past month, thereby indicating active market participation. Analysts view this as a good buying opportunity, with expectations of a short-term peak of $0.268 on December 30, 2024. The post Tron (TRX) Price Heatmap: Is a Local Bottom on the Horizon? appeared first on CryptoPotato .