Shiba Inu remains one of the most talked about memecoins and may return decent gains by 2025. With an active community, token burns, and increasing use cases in DeFi and NFTs, SHIB can grow exponentially. Improved scarcity and practical applications could propel Shiba Inu's value upward as the crypto sector develops and this memecoin might generate long-term gains for investors. 3 Reasons Shiba Inu Could Skyrocket in 2025 Shiba Inu draws attention due to its unique strategies and community-driven growth which make it a possible wealth maker. Here are the top reasons why SHIB might still be a millionaire-maker in the next few years: 1. Massive Burn Rate Increases Shiba Inu scarcity is fueled mainly by a burning mechanism. Within 24 hours, Shiba Inu's burn rate soared 1,987%, wiping over twenty million tokens from circulation. This push was led by the SHIB army, with the largest single burn transaction wiping out more than 11 million SHIB. Although weekly burns are lower than before, the cumulative efforts of the community have already locked over 410 trillion tokens, reducing the supply and increasing the potential for future price growth. 2. Growing Utility in DeFi and NFTs Shiba Inu isn’t just a meme coin—it’s carving a niche in decentralized finance (DeFi) and non-fungible tokens (NFTs). With its Shibarium layer-2 blockchain, Shiba Inu is gaining real-world use cases, fueling utility, and encouraging adoption. The more activity Shibarium attracts, the more Shiba Inu tokens get burned through gas fees, supporting long-term price growth. 3. Regulatory Clarity and Market Optimism The U.S. crypto market is seeing renewed optimism with clearer regulations expected to drive confidence. Analysts suggest this could benefit meme coins like Shiba Inu, giving them an edge in a maturing market. If Shiba Inu can capitalize on this momentum, hitting new price milestones like $0.0001 could push its market cap into the top 10, making the dream of millionaire investors a reality. Remittix: Bridging Crypto and Fiat for the Future of Global Payments Remittix is redefining global payments by connecting cryptocurrencies with conventional finance. Visioning to compete for a piece of the $183 trillion banking industry, the platform blends blockchain and fiat cross-border payments to provide accessibility, affordability, and speed. Remittix enables users to send cryptocurrencies seamlessly, with funds automatically settled as fiat currency into the recipient’s bank account, a groundbreaking approach experts are dubbing "PayFi." This streamlined process eliminates the complexity of traditional wire transfers and hidden fees, ensuring recipients get the exact amount sent. Businesses and crypto holders can now enjoy the speed of crypto payments with the everyday convenience of fiat, making cross-border transactions faster and more affordable than major banks. One key advantage of the Remittix protocol is that It connects users worldwide, including those in underbanked or unbanked regions, by removing barriers like limited banking infrastructure or restrictive regulations. With blockchain’s public ledger, transactions are fully transparent and immutable, building trust and ensuring payment records remain unaltered. The Remittix token $RTX is currently in its first presale phase and is currently trading at $0.015. The smart contract has successfully passed two audits from blockchain security firms BlockSAFU and Solidproof, Remittix has also locked team tokens and liquidity for 3 years. With analysts forecasting up to 5,000% returns post-launch, Remittix offers a compelling opportunity for early investors. For more information about the Remittix presale check links below: Website: https://remittix.io/ Socials: Remittix (RTX) Community Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
In a groundbreaking development, Dubai-based Allo has secured a $100 million financing line backed by Bitcoin, highlighting the growing integration of traditional finance with cryptocurrency. This move illustrates the increasing
Vilnius, Lithuania, December 20th, 2024, Chainwire Europe’s leading cryptocurrency exchange, WhiteBIT , concludes the year with notable achievements. The latest estimates reveal the company’s capitalization has reached $38.9 billion, while the annual trading volume surged to $2.7 trillion — a 200% increase compared to the previous year. These figures encompass all exchange markets (spot and futures), showcasing the company’s rapid growth and the increasing trust of its users. For context, WhiteBIT’s trading volume surpassed major players like Kraken, whose annual trading volume stood at $628 billion. WhiteBIT’s trading volume exceeds the GDP of countries like Italy or Canada and approaches the GDP of France, valued at $3 trillion. According to WhiteBIT Founder and CEO Volodymyr Nosov, this milestone reflects the exchange’s innovative strategies and strategic focus: “Reaching $2.7 trillion is the result of our dedicated teamwork and the trust of our clients. We remain committed to developing cutting-edge technologies tailored to the needs of both retail and institutional traders.” Top 2 in Traffic In the fall of 2024, WhiteBIT secured its position as the second-most visited crypto exchange, with 33 million visits to the platform. This achievement positions it just behind Binance, reflecting the steady interest in WhiteBIT’s services. Key Drivers of Growth One of the primary contributors to WhiteBIT’s record trading volume has been the onboarding of institutional clients . The exchange introduced a market maker program tailored to the requirements of large-scale traders. With low fees and rebates as high as -0.01%, the program provided conditions for high-frequency trading, drawing professional traders to the platform. Institutional loans also became a cornerstone for building trust within the professional community, enabling large-scale transactions. The platform’s technical infrastructure also contributed, with features such as colocation to reduce latency, sub-accounts for strategy diversification, and a robust API supporting its services for institutional clients. The introduction of a new affiliate program contributed by engaging communities of retail traders, supporting user acquisition, and enhancing trading activity, which played a role in WhiteBIT’s strong performance. Currently, the exchange serves over 1,300 institutional clients. Expanding Global Reach Today, over 30 million people worldwide use services and products from the WhiteBIT Group holding. These include the centralized exchange WhiteBIT, the crypto payment solution Whitepay, the decentralized exchange WhiteSwap, the NFT marketplace white.market, and the gaming platform Pocket Rocket. Additionally, WhiteBIT Group encompasses Whitechain, its proprietary blockchain, and WhiteBIT Coin (WBT), which has experienced 349.39% growth over the year. With 600+ trading pairs and more than 300 digital assets, WhiteBIT continues to strengthen its competitive edge in the global market. In a recent interview, CEO Volodymyr Nosov confirmed WhiteBIT’s plans to enter the US market. Commitment to Security WhiteBIT stands out as one of the most secure cryptocurrency exchanges globally. Ranked among top 5 in security by CER.live, it is the first crypto exchange to achieve the highest-level Cryptocurrency Security Standard (CCSS) certification. The platform also holds a Payment Card Industry Data Security Standard (PCI DSS) certification, safeguarding customer payment information, and has been recognized by Hacken for excellence in cybersecurity. WhiteBIT remains committed to continuous growth, solidifying its position in the international market, and expanding its impact on the global crypto ecosystem. About WhiteBIT WhiteBIT is the largest European centralized cryptocurrency exchange founded in Ukraine in 2018, offers over 600 trading pairs, 300 assets, and supports 9 fiat currencies. As part of the WhiteBIT Group holding, the platform serves more than 30 million customers globally. WhiteBIT collaborates with Visa, FACEIT, FC Barcelona, Trabzonspor, the Ukrainian national football team, and lifecell. The company is dedicated to driving the widespread adoption of blockchain technology in Ukraine and worldwide. Contact WhiteBIT PR Service pr@whitebit.com
The Bitcoin-tied credit line was funded by a consortium of lenders, including Greengage and a “long-standing” US institution.
Volatility continues to dominate the cryptocurrency market in 2024, with recent developments further adding to the turbulence. Both crypto and stock markets reacted sharply to the Federal Reserve’s revised 2025 outlook, which hinted at fewer rate cuts and higher inflation expectations. Bitcoin ( BTC ) fell below $100,000, and liquidations surged to approximately $850 million within just 24 hours, reflecting heightened investor concerns. Amid this growing uncertainty, investors are increasingly turning to altcoins as a way to diversify their portfolios and tap into potential growth. With 2025 on the horizon, Finbold analyzed market trends and consulted ChatGPT-4o to spotlight two altcoins with significant growth potential. ChatGPT identifies 2 altcoins for 2025 portfolio When queried, the AI model highlighted XRP and Hedera ( HBAR ) as standout assets, offering promising opportunities for building a diversified and resilient portfolio in the dynamic cryptocurrency landscape. Hedera (HBAR) ChatGPT projected HBAR as a key player in the digital asset space, citing its partnerships and ecosystem expansions. One notable development is its integration with Chainlink’s ( LINK ) decentralized oracles, which brings Chainlink’s data feeds and Proof of Reserve mechanisms to Hedera. This collaboration enhances the infrastructure for decentralized finance ( DeFi ) applications by providing developers with tamper-proof market data. ChatGPT observed that this integration reduces risks like data manipulation and strengthens liquidity in DeFi markets. ChatGPT outlook on HBAR. Source: ChatGPT/Finbold The AI also pointed to Hedera’s partnership with RedSwan CRE, a commercial real estate tokenization platform, as a critical driver of HBAR’s adoption. By enabling access to tokenized real estate, this collaboration is expected to drive HBAR’s adoption and utility among investors. The tool also emphasized the growing optimism surrounding cryptocurrency ETFs . Analysts suggest Hedera could secure ETF approval, particularly with the potential appointment of pro-crypto advocate Paul Atkins as the next SEC Chair. Hedera’s classification outside the realm of securities positions it as a strong contender for regulatory approval. Hedera (HBAR) one-day price chart. Source: Finbold At press time, HBAR is trading at $0.29, reflecting a one-day loss of 1.4% but a notable one-month gain of 110%. XRP The artificial intelligence model pointed to Ripple Labs ’ recent developments as critical for XRP’s potential growth. The approval of RLUSD, Ripple’s stablecoin pegged to the U.S. dollar, expands its ecosystem and utility, making it an attractive choice for both institutional and retail investors. Regulatory optimism also boosts XRP’s outlook. The potential replacement of SEC Chair Gary Gensler with Paul Atkins, a pro-crypto figure, could lead to the dismissal of the SEC’s lawsuit against Ripple Labs, removing a major regulatory hurdle. ChatGPT outlook on XRP. Source: ChatGPT/Finbold The AI tool highlighted how such a shift could catalyze a renewed wave of institutional adoption and strengthen XRP’s market position. XRP one-day price chart. Source: Finbold Currently, XRP is trading at $2.31, with a one-day decline of 5.8% but a remarkable one-month gain of 110%. With strong fundamentals, institutional backing, and thriving ecosystems, both HBAR and XRP stand out as prime candidates for exponential growth. These assets are set to become essential additions to a well-diversified cryptocurrency portfolio, offering significant opportunities in the evolving digital asset space. Featured image via Shutterstock The post AI picks 2 altcoins to buy and add to your crypto portfolio for 2025 appeared first on Finbold .
Quarter-billion Bitcoin and Ethereum transfer shocks Coinbase: What happens next?
World Liberty Financial (WLFI), a Donald Trump decentralized finance project, has restructured its wrapped Bitcoin holdings. WLFI exchanged $10.4 million in Coinbase-backed cbBTC for 103.15 WBTC. The move follows Coinbase’s decision to delist WBTC, sparking controversy and legal battles among stakeholders. Donald Trump World Liberty Financial Sides with WBTC After Coinbase Controversy According to Lookonchain , Donald Trump World Liberty Financial exchanged 102.9 cbBTC, valued at $10.4 million, for 103.15 WBTC. The transaction occurred hours after Coinbase announced the delisting of WBTC due to alleged failure to meet the exchange’s standards. The decision to switch to WBTC aligns World Liberty Financial with Justin Sun, founder of TRON DAO and a vocal critic of cbBTC. Sun has raised concerns over cbBTC’s governance and transparency. As part of this alignment, Donald Trump’s project has distanced itself from Coinbase’s wrapped Bitcoin solution, favoring WBTC infrastructure. Coinbase’s decision to delist WBTC has stirred legal battles, with stakeholders questioning the exchange’s move. Consequently, TRON DAO founder Justin Sun questioned Coinbase CLO Paul Grewal on the delisting of wBTC and the fairness of their token listing standards. Sun’s BiT Global, which recently acquired custodial rights for wBTC, filed a lawsuit against Coinbase, alleging anti-competitive practices. BiT Global suit claims Coinbase delisted wBTC to favor its own tokenized Bitcoin product, cBTC. Despite these claims, cbBTC’s market cap has surged to $1 billion, signaling widespread adoption of Coinbase’s wrapped Bitcoin product. Meanwhile, Donald Trump’s World Liberty Financial appears to have opted for stability by choosing WBTC, a token with a $13.6 billion market cap. Analysts attribute this choice to WBTC’s longer market presence and infrastructure advantages compared to cbBTC. Justin Sun’s Role In Trump’s DeFi Strategy Recently, Justin Sun invested $30 million in World Liberty Financial, becoming its largest investor and advisor. His involvement has played a crucial role in WLFI’s decision-making process, including the choice to transition from cbBTC to WBTC. Sun’s criticism of cbBTC includes its lack of proof-of-reserve mechanisms and centralized control. His association with BitGo, the custodian of WBTC, further solidifies WLFI’s preference for the alternative wrapped Bitcoin asset. This strategic shift underscores Trump’s DeFi project’s alignment with Sun’s blockchain vision. Removal of Debt Ceiling In Congress In another development, Donald Trump has called for the complete abolition of the U.S. debt ceiling. Speaking in a phone interview with NBC , he described the debt ceiling as a “meaningless concept” and urged Congress to eliminate it entirely. The President-elect added, “The Democrats have said they want to get rid of it. If they want to get rid of it, I would lead the charge. It doesn’t mean anything, except psychologically.” This proposal comes as Donald Trump prepares to assume office, where his administration is expected to introduce measures to boost blockchain innovation and digital asset adoption. Notably, these legislative priorities could shape the regulatory landscape for projects like World Liberty Financial. The post Donald Trump World Liberty Financial Drops cbBTC For wBTC Amid Delisting Saga appeared first on CoinGape .
XRP has recently experienced a 6% price drop, trading between critical levels of $2.28 and $2.53, intensifying market focus on its future stability. Concurrently, momentum indicators reveal a mixed outlook,
Vilnius, Lithuania, December 20th, 2024, Chainwire Europe’s leading cryptocurrency exchange, WhiteBIT , concludes the year with notable achievements. The latest estimates reveal the company’s capitalization has reached $38.9 billion, while the annual trading volume surged to $2.7 trillion — a 200% increase compared to the previous year. These figures encompass all exchange markets (spot and futures), showcasing the company’s rapid growth and the increasing trust of its users. For context, WhiteBIT’s trading volume surpassed major players like Kraken, whose annual trading volume stood at $628 billion. WhiteBIT’s trading volume exceeds the GDP of countries like Italy or Canada and approaches the GDP of France, valued at $3 trillion. According to WhiteBIT Founder and CEO Volodymyr Nosov, this milestone reflects the exchange’s innovative strategies and strategic focus: “Reaching $2.7 trillion is the result of our dedicated teamwork and the trust of our clients. We remain committed to developing cutting-edge technologies tailored to the needs of both retail and institutional traders.” Top 2 in Traffic In the fall of 2024, WhiteBIT secured its position as the second-most visited crypto exchange, with 33 million visits to the platform. This achievement positions it just behind Binance, reflecting the steady interest in WhiteBIT’s services. Key Drivers of Growth One of the primary contributors to WhiteBIT’s record trading volume has been the onboarding of institutional clients . The exchange introduced a market maker program tailored to the requirements of large-scale traders. With low fees and rebates as high as -0.01%, the program provided conditions for high-frequency trading, drawing professional traders to the platform. Institutional loans also became a cornerstone for building trust within the professional community, enabling large-scale transactions. The platform’s technical infrastructure also contributed, with features such as colocation to reduce latency, sub-accounts for strategy diversification, and a robust API supporting its services for institutional clients. The introduction of a new affiliate program contributed by engaging communities of retail traders, supporting user acquisition, and enhancing trading activity, which played a role in WhiteBIT’s strong performance. Currently, the exchange serves over 1,300 institutional clients. Expanding Global Reach Today, over 30 million people worldwide use services and products from the WhiteBIT Group holding. These include the centralized exchange WhiteBIT, the crypto payment solution Whitepay, the decentralized exchange WhiteSwap, the NFT marketplace white.market, and the gaming platform Pocket Rocket. Additionally, WhiteBIT Group encompasses Whitechain, its proprietary blockchain, and WhiteBIT Coin (WBT), which has experienced 349.39% growth over the year. With 600+ trading pairs and more than 300 digital assets, WhiteBIT continues to strengthen its competitive edge in the global market. In a recent interview, CEO Volodymyr Nosov confirmed WhiteBIT’s plans to enter the US market. Commitment to Security WhiteBIT stands out as one of the most secure cryptocurrency exchanges globally. Ranked among top 5 in security by CER.live, it is the first crypto exchange to achieve the highest-level Cryptocurrency Security Standard (CCSS) certification. The platform also holds a Payment Card Industry Data Security Standard (PCI DSS) certification, safeguarding customer payment information, and has been recognized by Hacken for excellence in cybersecurity. WhiteBIT remains committed to continuous growth, solidifying its position in the international market, and expanding its impact on the global crypto ecosystem. About WhiteBIT WhiteBIT is the largest European centralized cryptocurrency exchange founded in Ukraine in 2018, offers over 600 trading pairs, 300 assets, and supports 9 fiat currencies. As part of the WhiteBIT Group holding, the platform serves more than 30 million customers globally. WhiteBIT collaborates with Visa, FACEIT, FC Barcelona, Trabzonspor, the Ukrainian national football team, and lifecell. The company is dedicated to driving the widespread adoption of blockchain technology in Ukraine and worldwide. ContactWhiteBIT PR Servicepr@whitebit.com Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Vilnius, Lithuania, December 20th, 2024, Chainwire Europe’s leading cryptocurrency exchange, WhiteBIT , concludes the year with notable achievements. The latest estimates reveal the company’s capitalization has reached $38.9 billion, while the annual trading volume surged to $2.7 trillion — a 200% increase compared to the previous year. These figures encompass all exchange markets (spot and futures), showcasing the company’s rapid growth and the increasing trust of its users. For context, WhiteBIT’s trading volume surpassed major players like Kraken, whose annual trading volume stood at $628 billion. WhiteBIT’s trading volume exceeds the GDP of countries like Italy or Canada and approaches the GDP of France, valued at $3 trillion. According to WhiteBIT Founder and CEO Volodymyr Nosov, this milestone reflects the exchange’s innovative strategies and strategic focus: “Reaching $2.7 trillion is the result of our dedicated teamwork and the trust of our clients. We remain committed to developing cutting-edge technologies tailored to the needs of both retail and institutional traders.” Top 2 in Traffic In the fall of 2024, WhiteBIT secured its position as the second-most visited crypto exchange, with 33 million visits to the platform. This achievement positions it just behind Binance, reflecting the steady interest in WhiteBIT’s services. Key Drivers of Growth One of the primary contributors to WhiteBIT’s record trading volume has been the onboarding of institutional clients . The exchange introduced a market maker program tailored to the requirements of large-scale traders. With low fees and rebates as high as -0.01%, the program provided conditions for high-frequency trading, drawing professional traders to the platform. Institutional loans also became a cornerstone for building trust within the professional community, enabling large-scale transactions. The platform’s technical infrastructure also contributed, with features such as colocation to reduce latency, sub-accounts for strategy diversification, and a robust API supporting its services for institutional clients. The introduction of a new affiliate program contributed by engaging communities of retail traders, supporting user acquisition, and enhancing trading activity, which played a role in WhiteBIT’s strong performance. Currently, the exchange serves over 1,300 institutional clients. Expanding Global Reach Today, over 30 million people worldwide use services and products from the WhiteBIT Group holding. These include the centralized exchange WhiteBIT, the crypto payment solution Whitepay, the decentralized exchange WhiteSwap, the NFT marketplace white.market, and the gaming platform Pocket Rocket. Additionally, WhiteBIT Group encompasses Whitechain, its proprietary blockchain, and WhiteBIT Coin (WBT), which has experienced 349.39% growth over the year. With 600+ trading pairs and more than 300 digital assets, WhiteBIT continues to strengthen its competitive edge in the global market. In a recent interview, CEO Volodymyr Nosov confirmed WhiteBIT’s plans to enter the US market. Commitment to Security WhiteBIT stands out as one of the most secure cryptocurrency exchanges globally. Ranked among top 5 in security by CER.live, it is the first crypto exchange to achieve the highest-level Cryptocurrency Security Standard (CCSS) certification. The platform also holds a Payment Card Industry Data Security Standard (PCI DSS) certification, safeguarding customer payment information, and has been recognized by Hacken for excellence in cybersecurity. WhiteBIT remains committed to continuous growth, solidifying its position in the international market, and expanding its impact on the global crypto ecosystem. About WhiteBIT WhiteBIT is the largest European centralized cryptocurrency exchange founded in Ukraine in 2018, offers over 600 trading pairs, 300 assets, and supports 9 fiat currencies. As part of the WhiteBIT Group holding, the platform serves more than 30 million customers globally. WhiteBIT collaborates with Visa, FACEIT, FC Barcelona, Trabzonspor, the Ukrainian national football team, and lifecell. The company is dedicated to driving the widespread adoption of blockchain technology in Ukraine and worldwide. Contact WhiteBIT PR Service pr@whitebit.com