In recent developments within the cryptocurrency market, data from Spot On Chain highlights substantial profits accrued by four prominent whales over the past two days, amounting to an impressive $12.7
The post Crypto Bull Run Gathers Pace As First Telegram ICO Announces End Date appeared first on Coinpedia Fintech News Over $2.9m has entered Dogizen ’s ICO. Now, it’s due to start open market trading just as the first crypto president is taking office. Dogizen’s ICO will end on 7th February, meaning investors are frantically scrambling to take advantage of its glorious $0.000081 price. Read on to learn why that could easily be the lowest price we see for the DOGIZ token. Dogizen is the first-ever Telegram ICO This means it’s the first-ever token that’s been fed directly to the most engaged crypto audience on the Web. Telegram’s 950 million users can’t get enough of crypto. And crypto’s mindshare among Telegram users, especially in the developing world , is growing at an astounding rate. Dogizen’s ICO approach is also part of Dogizen’s master plan to mitigate token dumps on launch. From Hamster Kombat to Notcoin, every one of Dogizen’s main rivals held airdrops to distribute tokens. Such rapid distribution of tokens that nobody spent money on prompted rapid token dumping: nobody had a good reason to hold. Dogizen learned from this mistake and is requiring investors to actually invest. This creates a committed group of DOGIZ holders who’ll help stabilize the price when it starts trading. How Dogizen will benefit from GameFi’s surge GameFi is growing at a CAGR of over 26% . GameFi’s sub-niche Telegram gaming, is fueling this, having blasted past $1 billion in market cap within roughly 6 months of existence. As a Telegram game, Dogizen is in the right sector at the right time. 20% of all Web3 games launched last year were Telegram games. That’s up from just 1% the previous year. And it looks like they’re growing the crypto market as a whole at a rate all crypto projects dream of; 50% of all Telegram gamers are completely new to crypto. Why Dogizen has a high chance of listing on Binance Airdrop issues aside, Telegram gaming projects have nailed it; all the big players have earned Binance listings and $100 million market caps. More than 80% of Telegram gaming’s market cap has been listed on Binance. In other words, there’s a very high probability that Dogizen will receive the much-desired Binance Effect . Thanks to Dogizen’s ideal timing, it looks like there will be a flood of hungry new investors high on Trump’s pro-crypto executive orders. They’ll look for the next dog token to ape into, and Binance knows this better than anyone. Dogizen’s presale ends on 7th February. Its current $0.000081 price could easily be the lowest we ever see. To buy Dogizen, visit the official website .
Bitcoin is poised for a potential breakout, with critical indicators hinting at a significant shift in market momentum. Recent analyses suggest that a price surge above the $90K-108K range could
In a pivotal moment for the cryptocurrency community, Elon Musk has publicly backed a pardon for Roger Ver, known as ‘Bitcoin Jesus,’ after President Donald Trump pardoned Ross Ulbricht. Musk’s statement on X has sparked discussions about justice for crypto pioneers. The crypto community embraced this development as the global market cap rose 3.5%, reaching $3.6 trillion. This highlights how influential figures are reshaping narratives around cryptocurrency advocacy and legal reform. Elon Musk’s X Post Sparks Debate On Roger Ver’s Pardon On January 22, Elon Musk shared a post on X expressing his support for Roger Ver’s potential pardon. Responding to a discussion led by journalist Ian Miles Cheong, Musk questioned if President Donald Trump could extend a pardon to Ver, given the precedent set with Ross Ulbricht’s release. Musk’s statement amplified the ongoing debate about fair treatment for crypto innovators, drawing parallels to his clashes with regulatory systems. The post reignited interest in Ver’s legal battles and the challenges faced by early crypto adopters. Following Musk’s involvement, Polymarket, a blockchain-based prediction platform, indicated a 34% chance that Trump would pardon Ver within his first 100 days in office. Elon Musk’s support underscores the increasing influence of tech leaders in shaping public opinion and their ability to spotlight injustices in the cryptocurrency landscape. The Story of Roger Ver: Bitcoin Jesus And His Legal Struggles Roger Ver, often called ‘Bitcoin Jesus,’ earned his title through his early and passionate advocacy for Bitcoin. As an early investor in prominent Bitcoin startups like Bitcoin.com, Blockchain.com, Ripple, and Kraken, Ver played a critical role in the cryptocurrency ecosystem’s growth. Despite his contributions, Ver’s journey has been marked by controversy and legal challenges. Ver’s troubles began with a conviction for selling explosives on eBay, which he later described as a turning point that drew him to decentralized currencies. He gained wealth through Bitcoin investments but faced legal action for alleged tax evasion. The U.S. Department of Justice accused Ver of evading over $50 million in taxes tied to his crypto holdings. After renouncing U.S. citizenship in 2014, he became a vocal advocate for voluntaryism and financial freedom. Roger Ver deserves a pardon to liberate him from the malicious prosecution he still faces–lawfare that threatens to take his freedom for 109 years for an exotic crime he *clearly* did not commit. Pardoning Roger is the strongest signal the President could send that Biden’s war… pic.twitter.com/oOysjHw8ED — Bret Weinstein (@BretWeinstein) January 20, 2025 Roger Ver, in an interview with Tucker Carlson, shared his journey and the impact of government overreach. His supporters see his case as an example of the clash between legacy systems and decentralized economies. Elon Musk’s advocacy echoes this sentiment. Crypto Market and Regulatory Reactions Post-Ulbricht’s Release President Donald Trump’s executive order to pardon Ross Ulbricht’s sentence has fueled optimism within the cryptocurrency market. Investors see this as a shift toward a more crypto-friendly regulatory environment under Trump’s administration. The overall crypto market cap surged by 3.5%, reaching $3.64 trillion, while Bitcoin’s price climbed 3.26% to $105,485. Adding to the positive sentiment, Trump appointed Mark Uyeda as the acting U.S. SEC Chairman. Uyeda’s crypto-friendly stance has further buoyed investor confidence, reinforcing the administration’s commitment to fulfilling promises made to the crypto community. CoinGape highlighted five coins poised for growth amidst these developments, citing a favorable ecosystem for crypto innovation. The release of Ross Ulbricht and Elon Musk’s support for Roger Ver reflects growing regulatory alignment with crypto goals. These developments drive momentum for legal reforms and market expansion. A more inclusive digital economy now seems increasingly achievable, signaling a promising future for cryptocurrency adoption and advocacy. The post Elon Musk Pushes For ‘Bitcoin Jesus’ Roger Ver’s Pardon After Ross Ulbricht appeared first on CoinGape .
The U.S. President has finally addressed the explosive success of his Official Trump (TRUMP) meme coin, admitting that he wasn’t involved much in the project beyond launching it. The Solana-based token, touted as the fastest-growing meme coin in history, initially skyrocketed to a $15 billion market cap over the weekend before dropping to around $8 billion following the release of a competing coin by First Lady Melania Trump. “I Don’t Know Much About It” At a press briefing on Tuesday to announce a $500 billion joint venture between OpenAI, Oracle, and SoftBank, the President was asked by a reporter if he intended to continue selling products that benefited him in reference to the TRUMP token. In response, the head of state said he didn’t know if he’d benefited, admitting that he had no knowledge about the status of the coin. “I don’t know if it benefited [me]. I don’t know where it is,” he said. He further dismissed any suggestion that he had a deep understanding of the project. “I don’t know much about it other than I launched it,” he stated. “I heard it was very successful. I haven’t checked.” Trump then inquired about the current value of the meme coin, with a reporter telling him he’d made a lot of money. “How much?” the President asked. “Several billion dollars,” the journalist replied, to which Trump responded, “That’s peanuts to these guys,” referring to people who were at the briefing with him, including Masayoshi Son of SoftBank, OpenAI’s Sam Altman, and the world’s fourth-richest man, Larry Ellison of Oracle. Divisive Impact on the Crypto Space The TRUMP meme coin has become a lightning rod for controversy, with critics warning it could undermine the credibility of the crypto market. Yesterday, billionaire investor Mark Cuban dismissed the project, describing it as a gamble that could harm the industry’s legitimacy without proper regulations. Before him, former Coinbase CTO Balaji Srinivasan highlighted the speculative nature of such assets, calling it a “zero-sum lottery.” There is also a supposition that the ownership of the TRUMP token is dominated by insiders, further fueling concerns about transparency and market manipulation. Some also feel that the President having skin in the meme coin game could hinder bipartisan efforts to advance much-needed crypto legislation. This view is shared by TD Cowen, with The Block reporting that the financial services firm had warned that possible investigations into TRUMP’s market influence might stall regulatory progress and deepen partisan divides. At the time of writing, Official Trump was trading at $43.02, having gained 18% in the last 24 hours. The price is still 41% below the coin’s all-time high, but its $8.5 billion market cap places it as the third-largest meme token in the market, behind Dogecoin and Shiba Inu. The post Trump Downplays Meme Coin Profits in First Statement After Launch appeared first on CryptoPotato .
MARA Holdings aims to implement a Strategic Bitcoin Reserve across all 50 states. Support from major figures boosts confidence in Bitcoin’s legislative initiatives. Continue Reading: MARA Holdings CEO Promises Bitcoin Reserve Initiative Across the United States The post MARA Holdings CEO Promises Bitcoin Reserve Initiative Across the United States appeared first on COINTURK NEWS .
South Korean crypto exchanges Upbit, Bithumb have agreed to compensate users with the largest payout ever following system failures caused by the martial law declaration. Upbit and Bithumb , two South Korean crypto exchanges, have agreed to compensate users for technical failures that occurred during the martial law declaration in December, Korean news agency Yonhap reports . Combined, they will pay out over 3.5 billion won (around $2.5 million) in what is being called the largest compensation in South Korea ‘s crypto history. According to reports submitted to the National Assembly, Upbit is set to compensate over 3.14 billion won for 596 cases, while Bithumb will pay 377 million won for 124 cases. Both exchanges are finalizing talks with users, meaning the final payout might increase slightly. The system went down when the sudden martial law announcement caused a huge traffic spike. Upbit’s user count jumped from 100,000 to over 1.1 million in no time, causing 99 minutes of downtime. Bithumb wasn’t immune either, with 62 minutes of disruption. During the incident, some users couldn’t trade or withdraw funds, losing big as Bitcoin’s ( BTC ) price dropped. You might also like: Upbit subject to potential sanctions in South Korea Financial authorities are keeping an eye on how exchanges are following through with their promised upgrades, like bigger servers and better emergency plans. A Financial Supervisory Service official said they’re making sure exchanges stick to these changes and properly handle user complaints, according to the report. Meanwhile, regulators are still digging into Upbit over alleged money laundering issues, piling on the pressure for the industry to step up its compliance game. Earlier in January, the Financial Intelligence Unit warned Upbit it could face a suspension for not meeting KYC and AML rules. The FIU sent Upbit a notice on Jan. 9, warning it could be hit with a suspension of up to six months. During that time, Upbit won’t be able to take on new customers, but existing users can keep trading. The exchange has until Jan. 20 to respond to the FIU’s claims. Read more: South Korea to draft next crypto regulation bill by year-end: report
In a recent update shared via Platform X, Andrew Kang emphasized the ongoing challenges that the Real-World Asset (RWA) sector faces due to stringent securities regulations. He highlighted the potential
Hong Kong regulators have vowed to issue new licenses for crypto trading platforms in the country after a lengthy review process. According to Chinese media outlet SINA Finance, Executive Director of the Intermediary Department of the Hong Kong Securities and Futures Commission , Ye Zhiheng, stated that new virtual asset licenses will be issued soon. No exact date has been revealed yet, but the commissioner hints at “good news” in the first quarter of 2025. Ye, who also serves as the Chairman of the country’s Fintech Advisory Group, said that last year the SFC inspected nearly all applicants onsite. He assured that applicants were notified directly by the SFC of the requirements they needed to fulfill in order to be eligible for a license. Crypto platforms were also given ample time to respond to the SFC’s notices throughout the review process. However, Ye said that there is “no guarantee” that all 11 platforms will be granted licenses, due to the “regulatory red lines” they have to follow. These red lines include taking steps to ensure investor protection and security requirements, among other standards of operations. Ye hopes that in a month or two, the SFC will be able to share some “good news.” You might also like: China’s central bank spotlights Hong Kong’s crypto licensing system in new report At the end of December, the People’s Bank of China gave credit to Hong Kong regulators for their active efforts to issue more operating licenses for crypto trading platforms. The central bank acknowledged crypto’s growing significance on a global scale as more countries race to accommodate the crypto industry through licensing and regulatory moves. Despite promising to issue more licenses for crypto platforms in the near future, Hong Kong is still falling behind countries like Singapore which have issued twice the number of crypto licenses in 2024 compared to the previous year. Meanwhile, Hong Kong has reportedly faced regulatory hurdles which have evidently slowed down the process of issuing licenses. In October, the Hong Kong SFC estimated a new batch of crypto licenses would be approved by the end of 2024. Now, that target has been pushed back to early 2025. In the case of operating licenses, Hong Kong divides cryptocurrency into two categories: security tokens and non-security tokens. Security tokens are governed by the licensing standards with the Hong Kong SFC’s regulatory framework. On the other hand, non-security tokens comply to the nation’s Anti-Money Laundering bill. Read more: Singapore outpaces Hong Kong in crypto adoption amid uneven regulatory approach
The post Turn $100 into $1,000 With PEPETO, XRP, and BTC appeared first on Coinpedia Fintech News Cryptocurrencies continue to characterize the investment market covering high-value returns of $100 and $1000 with major assets under consideration including XRP, BTC, and Pepeto. Pepeto, a memecoin new entry in the space, is making a buzz among investors with its unique features and staking opportunities. The diversity of these coins showcases that there is an opportunity for established coins as well as innovative projects within this ecosystem. Pepeto: A Revolutionary Memecoin with Real Utility Pepeto, branded as “The God of Frogs,” has redefined the memecoin space with its unique features and roadmap. Unlike traditional memecoins, Pepeto integrates advanced technology and optimization, addressing inefficiencies that plagued its predecessors. One of Pepeto’s standout features is its staking mechanism. Investors can stake $Pepeto tokens to earn rewards, promoting long-term participation and network stability. With staking rewards reaching an impressive 389%, early adopters can maximize returns while contributing to the ecosystem’s growth. Pepeto’s ecosystem also includes a robust bridge for interoperability between memecoins and other cryptocurrencies. This feature enhances liquidity and connectivity across platforms, creating a unified trading environment. Furthermore, the upcoming PepetoSwap exchange aims to revolutionize memecoin trading by offering a secure and scalable platform tailored to investors’ needs. A New Year’s Message from the God of Frogs As the New Year begins, the God of Frogs, Pepeto Himself, shares a message of triumph and faith for the loyal Pepeto Army: The Plan Unfolds: The roadmap progresses flawlessly, as foretold. Every milestone has been achieved, and the… pic.twitter.com/zCmy1bTRQY — Pepeto (@Pepetocoin) January 1, 2025 XRP’s Path to Recovery and Future Prospects The recent recovery in XRP has sparked some optimism from investors and analysts. XRP bounced strongly, after market correction triggered by Bitcoin’s price dip in December. At $3.10, XRP has gathered some traction, though it did slip down by 0.62% in 24 hours. Increased market activity and investor interest have resulted in its daily trading volume reaching $10.87 billion. XRP’s strong fundamentals and growing trading volume are pegged favorably to further increase the value of XRP according to analysts. However, its ability to recover against broader market volatility makes the altcoin an asset to watch. Moreover, the long-term potential is increased with the prospect of wider adoption and utility. Bitcoin’s Role in Crypto Growth BTC is the single most important token in the cryptocurrency market, still dominating it. As of press time, BTC traded at $104,414 and saw a 1.32% rise in the last 24 hours with a trading volume of $52.4 billion. This is an awesome store of value as well as an inflation hedge and such stability with the market volatility is amazing. However, Bitcoin’s high price creates barriers for new investors seeking life-changing returns. Consequently, alternative opportunities in emerging assets like Pepeto are gaining attention. These projects provide entry points for investors aiming to diversify their portfolios and explore untapped potential in the crypto space. Strategic Listings and Tokenomics Drive Pepeto’s Growth Pepeto’s presale phase includes listings on five major exchanges, increasing visibility and trust among investors. The token’s strategic distribution and ambitious roadmap further bolster its appeal. With a total supply of 420 trillion tokens, Pepeto combines scalability with sustainability, ensuring consistent growth and value. The presale has been a success, with $3.75 million raised out of a $3.88 million target. In an approach that is indeed both innovative and game-changing, Pepeto stands to redefine the memecoin space as the launch approaches. ABOUT PEPETO Pepeto is a cutting-edge cryptocurrency project blending the playful spirit of memecoins with a powerful utility-driven ecosystem. It features a zero-fee exchange, a cross-chain bridge for seamless swaps, and staking rewards designed to support the next generation of tokens. Media Links: X: https://x.com/Pepetocoin TG: https://t.me/pepeto_channel IG: https://www.instagram.com/pepetocoin/ YouTube: https://www.youtube.com/@Pepetocoin/ Contact Information: Contact: TokenWire Team Email: contact@tokenwire.io