On December 23, COINOTAG reported that Binance Alpha has unveiled its fifth batch of projects, which encompasses MGP, ZEREBRO, COOKIE, WHALES, and ORDER. Notably, the MGP token was previously highlighted
US-based crypto exchange Coinbase says there will be five main trends to watch in the digital asset markets next year. In a new “Crypto Market Outlook” report, Coinbase starts its list with stablecoins, saying that they’re “just getting started” after the sector’s explosive growth in 2024. Coinbase says stablecoins are crypto’s “killer app” and their use case will soon expand beyond simple trading. “As stablecoins continue their surge, we are rapidly approaching the day when their first and primary use cases will be global capital flows and commerce, rather than trading.” Next on the list is the tokenization of real-world assets (RWAs), which Coinbase says will emerge as a cornerstone of the current crypto market cycle in 2025. “Firms are experimenting with using tokenized assets as collateral for other financial transactions, like those involving derivatives, which could streamline operations and mitigate risk. Moreover, the RWA trend is expanding beyond assets like US Treasuries and money market funds – finding traction with private credit, commodities, corporate bonds, real estate, and insurance as well.” The third area to watch, according to Coinbase, is the exchange-traded fund (ETF) space. Coinbase says it expects institutional interest to remain concentrated within a select few crypto ETFs. The crypto exchange is also interested in potential rule changes that regulators could make, like allowing ETF products to incorporate staking or in-kind redemptions. Next up is decentralized finance (DeFi). Coinbase says DeFi will witness a “resurgence” that will propel it into a new era and extend its reach. “Decentralized finance (DeFi) took some hits in the previous cycle, but a more sustainable and resilient ecosystem has emerged. Lending protocols are hitting all-time highs in total value locked (TVL), while decentralized exchanges (DEXs) are pushing their share of trading volumes – relative to centralized exchanges (CEXs) – to unprecedented levels.” The fifth area in crypto markets Coinbase says to watch is the regulatory climate, which the exchange says is due for a major shift that boosts the industry. Coinbase says that a pro-crypto majority in both the House and Senate will be a tailwind for crypto in 2025. “Specifically, we expect to see the establishment of a comprehensive regulatory framework in the US, the introduction of sound stablecoin legislation, and an end to the era of regulation by enforcement. And the US isn’t the only jurisdiction poised to make regulatory progress. Many G20 countries and major financial hubs are writing rules to accommodate digital assets, which should help create more conducive environments for innovation and growth. Taken together, these moves can open the door for more people and institutions to confidently participate in the crypto economy.” 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 Coinbase Says There Are Five Key Areas of the Crypto Market To Watch in 2025 appeared first on The Daily Hodl .
Bitcoin surged to nearly $110,000 after Trump's re-election as President. The Fed's policies and volatility are influencing investor behavior in the crypto market. Continue Reading: Bitcoin Experiences Unprecedented Rise Following Trump’s Re-election The post Bitcoin Experiences Unprecedented Rise Following Trump’s Re-election appeared first on COINTURK NEWS .
Ripple Vs SEC Lawsuit: On the fourth anniversary of US Securities and Exchange Commission v. Ripple Labs Inc (SEC v. Ripple), Chief Legal Officer (CLO) Stuart Alderoty has publicly called for its end. He called for the incoming Donald Trump administration to address damages done by former SEC official William “Bill” Hinman , including regulatory statements that confused the crypto industry. Ripple CLO Stuart Alderoty Calls for End of SEC “Lawless Lawsuit” Stuart Alderoty took to X on the fourth anniversary of Ripple vs SEC lawsuit. He called for the end of the “lawless lawsuit” by the US SEC against Ripple, CEO Brad Garlinghouse and co-founder Chris Larsen . On behalf of Ripple and its executives, Alderoty urged the incoming Donald Trump administration to “cleanse the lingering stain of Hinman from the agency.” It’s important to note that William “Bill” Hinman’s regulatory statements left a significant impact on the crypto industry. Hinman emails and speech have both clarified and confused the status of crypto. This has caused conflicts of interest, especially Ripple vs SEC lawsuit. “On this 4th anniversary of the SEC’s lawless lawsuit against Ripple, Brad, & Chris, we urge the incoming administration to cleanse the lingering stain of Hinman from the agency.” In addition, Ripple CLO Stuart Alderoty said the Trump administration has much to do to repair the damage. However, the SEC under incoming crypto-friendly Chair Paul Atkins needs to start with restoring trust. US judges said the SEC acted ‘arbitrarily and capriciously’ as it lost faithful allegiance to the law. The agency faced criticism due to its overregulation and enforcement approach. What’s Next in XRP-related Lawsuits In the Ripple vs SEC lawsuit, the agency must file its opening brief by January 15 deadline. This comes just five days before Chair Gary Gensler to step down as SEC Chair. The agency has appealed XRP distribution and sales by Ripple and executives Garlinghouse and Larsen in the 2nd Circuit Court. Meanwhile, the crypto community is confident that crypto lawsuits will be dismissed or withdrawn under the Trump administration. Besides, the class action lawsuit against Ripple , XRP II and CEO Garlinghouse is almost over as the district court ruled in favor of the defendants. Also, lead plaintiffs agreed to expedite final judgment in the lawsuit, along with a proposed order agreeing that there is no reason to delay judgment. As CoinGape reported, the 9th Circuit Court announced further dates for the XRP lawsuit. The opening brief will be filed on March 6 next year, whereas and Ripple Labs, XRP II and CEO Brad Garlinghouse will file their reply to the appellant’s principal brief by April 7, 2025. The post Ripple Vs SEC: Ripple CLO Stuart Alderoty Pleas To End And “Restore Trust” appeared first on CoinGape .
HyperLiquid, a layer-1 blockchain and decentralized exchange for perpetual futures (perps), has experienced a notable outflow of the USDC stablecoin amid speculation North Korean hackers are interacting with the platform, according to a post on X by pseudonymous observer Tay, known for tracking threats posed by to crypto protocols by the country. A record $60 million of USDC fled the exchange by 10:00 UTC Monday, according to Hashed Official's Dune-based tracker . USDC, the world's second-largest dollar-pegged stablecoin, is used as collateral on HyperLiquid. The deposit bridge still holds $2.2 billion in USDC. Addresses associated with hackers from the Democratic People's Republic of Korea (DPRK) have accrued losses exceeding $700,000 while trading on HyperLiquid, Tay said. The transactions indicate the hackers are potentially familiarizing themselves with the platform's inner workings to launch a malicious attack. "DPRK doesn't trade. DPRK tests," Tay said . CoinDesk contacted HyperLiquid on X for comments on the USDC outflows and potential threat from North Korea. Tay said they reached out to the platform two weeks ago, offering help in countering a potential threat. "I really want to emphasize that these are the most sophisticated and rapidly evolving of all of the DPRK threat groups. They are very creative and persistent. They also get their hands on 0days (such as the one Chrome patched today," Tay's message to the platform said. HyperLiquid is the leading on-chain perpetuals exchange, commanding over 50% of the total on-chain perpetuals trading volume, which tallied $8.6 billion in the past 24 hours. The platform debuted its token HYPE on Nov. 29. Since then, it hassurged over 600% to $28.6, briefly topping $10 billion in market capitalization. As of writing, HYPE was the 22nd largest digital asset in the world, according to Coingecko .
In a recent development, Gate.io has officially introduced HIVE perpetual contract trading with USDT settlements, effective December 23, 2024 (UTC+8). This innovative addition allows traders to utilize a robust leverage
Robert Kiyosaki, author of best-seller 'Rich Dad Poor Dad,' sounds Bitcoin alarm amid global crash
The year 2024, which began with the banging launch of the US Bitcoin spot exchange rraded funds (ETFs), is ending with the hopes that more crypto-linked investment products will soon enter the market. Bloomberg’s Eric Balchunas even agreed with the ETF Store’s president on the surprising absence of filings for a Dogecoin ETF. The crypto industry has registered rapid gains since the historic launch of BTC ETFs in January 2024. Bitcoin recorded a surge of over 125% on a year-to-date (YTD) basis and has knocked off the much anticipated $100K barrier. However, it is expected that the introduction of popular altcoins linked ETFs will push the cumulative crypto market cap to thrash the $4 trillion mark. Experts seek DOGE ETF soon Nate Geraci, President of the ETF Store, in a post stated that it is a shock that no ETF issuer has filed for a Dogecoin ETF yet. He asked what could be the downside and mentioned that the worst case would be its marketing expense. Meanwhile, he wonders which issuer is sitting on the ‘DOGE’ ticker. Senior ETF Analyst Balchunas agreed with Geraci and suggested that he was initially expecting them before Christmas. He now believes they might come after Paul Atkins becomes SEC chair under the Trump administration. He even speculates on potential ETF issuers: “If I’m Vegas, my favorite on the reserve of $DOGE ticker is Venuto. That said, Tuttle is my favorite to file.” Despite being the biggest meme coin in the crypto space and massive support from Elon Musk, no such investment fund manager has filed for a spot DOGE ETF with the commission. Balchunas now predicts filings after the new administration takes office. Agree. Thought by Xmas we’d see someone file. Maybe waiting til Atkins/Trump officially in charge. If I’m Vegas my favorite on reserver of $DOGE ticker is Venuto. That said Tuttle is my fav to file for the ETF. — Eric Balchunas (@EricBalchunas) December 23, 2024 With spot altcoin ETFs for Solana (SOL), Ripple’s XRP, and Litecoin (LTC) already in the works, it feels like DOGE’s turn is just a matter of time. The pro-crypto stance of incoming leadership is also a signal for a better environment around crypto ETFs. Dogecoin price action saw a minor downturn recently. DOGE is down by 21% in the last 7 days but it is still up by a huge 253% on YTD. The biggest meme crypto is trading at an average price of $0.316, at press time. It is trading down by 56% from its all time high of $0.737, recorded on May 08, 2021. Elon Musk’s D.O.G.E reforms The industry knows that Dogecoin is the favorite meme crypto of the richest person on Earth “Elon Musk.” He is now leading the charge for government reform as part of President-elect Trump’s new Department of Government Efficiency (D.O.G.E.). This move has boosted DOGE’s price eventually. Musk is aiming for a $2 trillion budget cut and sweeping agency reforms. He is proposing a return-to-office mandate for federal workers, banking on mass resignations. He even advocated for cuts to entire agencies and targeted agency leaders like FTC Chair Lina Khan for dismissal. These moves echo his X (formerly Twitter) acquisition playbook. Musk has openly criticized federal employees and agencies. He singled out Alexis Pelosi, a senior climate adviser, suggesting her dismissal and even took aim at the SEC, labeling the government as “more broken than you could possibly imagine.” Land a High-Paying Web3 Job in 90 Days: The Ultimate Roadmap
XRP Price has recorded significant transaction activity on Binance despite ongoing market corrections. The broader crypto market faces a downturn, with most tokens trading in the red, including Ripple. Bitcoin hovers below $96K, reflecting current bearish trends. crypto expert, however, anticipate a potential XRP price surge to the $4, If bullish sentiment return despite prevailing challenges. Will XRP Price Hit $4 As Per Crypto Analyst? A Crypto analyst highlights a potential bullish outlook for XRP price, predicting a continuation after its recent corrective phase. The current Ripple price stands at $2.18, with an identified rebuy zone set at $1.9280, signaling an optimal entry point. Expert anticipate the next resistance level and target at $4, suggesting potential upside. The crypto analyst chart illustrates a potential bounce at the $1.92 level that is a crucial area for buyers. This support level may act as the key level in the price trend with upward pressure expected to push the token to the next level. The current market shifts may well become the basis for a further advance. Source: X The cryptocurrency market remains under pressure, with Bitcoin (BTC) slipping below $95,000 as christmas approaches. The Major best altcoins followed the downward trend, with Ripple declining and Ethereum (ETH) struggling to hold above the $3,400 support level. The continued downward momentum signals uncertainty in the market as investors brace for potential year-end volatility in the crypto space. Surge in XRP Deposits on Binance Sparks Price Rally A recent spike in XRP exchange deposits on Binance has been observed, correlating with a significant price increase. According to CryptoQuant The Ripple soared to $2.20 in DEC 2024. The influx of deposits marked one of the highest transaction counts in 2 years, exceeding 2 million transactions during the spike. This movement suggests heightened trading activity and potential profit-taking by holders. Analysts believe the surge may indicate growing investor confidence in XRP. The event reflects crypto market trends where increased exchange inflows often precede significant price movements. Source: CryptoQuant If bullish presure sees a comeback, the XRP price forecast could soar above the $2.2 resistance level in the coming days, potentially reaching $4. Despite ongoing market uncertainty, Ripple remains resilient, supported by record transactions on Binance. Investors await a potential rebound at key support levels, fueling optimism. XRP’s strong activity signals potential for a significant rally amid challenging conditions in the crypto market. The post XRP Price Eyes $4 With Record Transactions on Binance appeared first on CoinGape .
Binance Alpha has currently removed the duplicated MGP token from the fifth batch of projects. Previously announced by Binance Alpha, the fifth batch of projects included MGP, ZEREBRO, COOKIE, WHALES,