Victoria, Seychelles, December 25th, 2024, Chainwire Bitget , the leading cryptocurrency exchange and Web3 company, has announced a special Christmas promotion in collaboration with DuitNow . The campaign, running from December 24, 2024, at 6:00 PM to January 7, 2025, at 6:00 PM (UTC+8), offers new users the opportunity to transfer assets with zero fees and compete for a shared prize pool of 50,000 BGB. Activity Overview This promotion is exclusively available for new users who have not previously made transactions through DuitNow. During the promotion period, participants can buy cryptocurrency assets in any amount using the third-party DuitNow payment method. Zero transaction fees are applicable until December 31, 2024, at 6:00 PM (UTC+8). Eligible users will receive 1 BGB for completing their first third-party transaction during this period. Promotion Details Eligibility : New users completing their first DuitNow transactions during the promotion period. Rewards : Zero fees on transactions until December 31 at 6:00 PM (UTC+8). A shared prize pool of 50,000 BGB to be distributed to eligible participants. Reward Distribution : Rewards will be distributed 15 days after the promotion concludes. Terms and Conditions Participants must register for the promotion through their main account using the provided registration button and complete identity verification . Only new users who make their first transactions through DuitNow are eligible. Bitget will disqualify users engaging in wash trading, bulk account registrations, self-dealing, or any actions suggestive of market manipulation. Bitget retains the right to amend, change, or cancel the promotion without prior notice and holds the final interpretation of the promotion terms. For further assistance, participants are encouraged to contact support@bitget.com . About Bitget Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price , Ethereum price , and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA , in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet For media inquiries, please contact: media@bitget.com Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use . Contact Public Relations Media Bitget media@bitget.com
Here's what you need to know if you want to become a SHIB millionaire.
A widely followed crypto analyst is identifying the downside price target for smart contract platform Cardano ( ADA ) if it undergoes another correction. In a new video update, crypto strategist Benjamin Cowen tells his 849,000 YouTube subscribers that if the Federal Reserve doesn’t bring back quantitative easing (QE), then ADA could continue to slip. “There’s also a chance [ADA] could go lower, especially if it follows what it did last cycle… If it were to drop 56%, that would actually put you below $0.60, which is right where it went last time… There’s always a chance that it comes back down to [the $0.357 price level], because [Fed Chair Jerome] Powell just says ‘no QE, continue on playing in the sandbox and the cryptoverse and we’ll give you QE sometime later.’ There’s a chance that happens.” Quantitative easing is when a government’s central bank purchases financial assets to increase the money supply and stimulate economic activity. Cowen goes on to say that ADA’s technical indicators, such as its 20-week simple moving average (SMA) and 21-week exponential moving average (EMA), are lining up with the theory that the crypto asset could see another sizeable dip. “The other thing to look at is the bull market support band. The bull market support band for ADA to Bitcoin – you can see that first of all, it wicked below it [in mid 2023] but it had a weekly close right around the 20-week SMA. [Earlier this year] it was just above the 21-week EMA, so I would also keep an eye on that. The 20-week SMA for ADA is around $0.56 [and] the 21-week EMA is around $0.67, so that would also correspond to [a price tag of around $0.53].” ADA is trading for $0.89 at time of writing, a 3% increase during the last day. On December 2nd, it was valued at $1.21. 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 Here’s a Potential Downside Price Target for Cardano If ADA Sees New Correction, According to Benjamin Cowen appeared first on The Daily Hodl .
According to recent data from Santiment, the cryptocurrency landscape has witnessed a robust recovery leading into the holiday season. As of December 25th, the price of Bitcoin surged to an
Ethereum (ETH) has started to climb some levels after it fell to the $3,100 support zone last week. The second-largest cryptocurrency is attempting to break from its downtrend, with some market watchers suggesting it is poised for a massive run in 2025. Related Reading: Is Altcoin Season Here Already? VanEck Answers As Bitcoin Price Struggles Below $100,000 Ethereum Key Levels To Reclaim With only a week left in 2024, several market watchers have started forecasting the crypto market’s potential performance for next year. Despite the recent pullbacks, several analysts have predicted a remarkable performance for Ethereum in 2025. The King of Altcoins has struggled to turn the $4,000 level into support. After breaking past this level earlier this month, ETH has been rejected from this price range three times. Its latest attempt occurred a week ago when Ethereum soared to $4,100 before retracing 7.3%. As Bitcoin (BTC) fell to $92,000, the second-largest crypto continued its freefall to the $3,100 support zone, reaching its lowest price in a month. Since then, Ethereum has hovered between $3,200 and $3,550 but failed to break past the price range’s higher zone for the past four days. However, the cryptocurrency has broken out of its downtrend line and is attempting to reclaim the $3,500 support. A crypto analyst noted that ETH appears to have broken and retested its one-week downtrend after reclaiming the $3,400 support. According to the post, a “clean breakout” of this downtrend could lead the cryptocurrency to a retest of higher levels. Ali Martinez highlighted that ETH’s next big support zone was between the $3,032 and $3,132 price range, with 4.85 million ETH bought by 3.69 million addresses. Meanwhile, Ethereum’s next big resistance wall is between $3,640 and $3,740, where over 2 million addresses bought around 4.3 million ETH. To Martinez, “a sustained close outside this no-trade zone will determine the direction of ETH’s trend.” Will ETH Follow 2021’s Performance? Analyst Ted Pillows pointed out that “the first four months after U.S. elections are often highly bullish for ETH.” Per the chart, Ethereum registered massive gains in the first third of the year after the 2016 and 2020 US elections. In 2017, Ethereum started the year with a 31.92% increase in the first month, while it recorded a 78.51% surge in January 2021. In both years, ETH hit its peak monthly performances between March and April, seeing 214% and 44% returns in 2017 and 2021, respectively. If Ethereum repeats this historical performance, its price could surge above its all-time high (ATH) of $4,878 in January and continue to climb during the rest of Q1. Crypto trader Immortal noted that Ethereum’s recent performance resembles its 2020-2021 price action. According to the chart, ETH saw a significant rise in early 2021 before consolidating in its new range. This was followed by a breakout and a massive drop to retest consolidation zone. Related Reading: Solana Recovery Momentum Set The Stage For $194 Resistance Breakout However, when ETH reclaimed its breakout levels in 2021, the cryptocurrency continued rallying toward its previous ATH of $4,300, eventually hitting its current ATH at the end of the year. The trader notes that ETH is retesting the consolidation range after last week’s dip, which signals that the cryptocurrency could soar in the coming weeks if it follows a similar path. As of this writing, Ethereum is trading at $3,501, a 6.3% increase in the last 24 hours. Featured Image from Unsplash.com, Chart from TradingView.com
According to the Hacken Web 3 Report 2024, Decentralized finance protocols’ losses have dropped considerably by 40% year-on-year. However, the same cannot be said for centralized finance protocols, whose losses have more than doubled in the past year. Hacken’s report shows that DeFi losses represented 20.4% of the total crypto hacks losses, while CeFi accounted for 30% in 2024. However, compared to last year, DeFi losses lessened by 40%, dropping from $787 million in losses to only $474 million in losses this year. CeFi losses skyrocket to $694M in 2024 CeFi losses grew dramatically, rising to $694 million from $339 million in 2023. The DMM Bitcoin hack in May 2024 stood out as the largest CeFi breach, with losses reaching approximately $305 million. About 4502.9 BTC was transferred to an unknown wallet, before being redistributed to other addresses. Another major CeFi hack, the WazirX hack, accounted for 42.8% of Q3 crypto losses, with nearly $240 million siphoned. An attacker breached their system, acquiring signatures from three WazirX signers and one from Liminal, enabling them to upgrade the wallet to a malicious contract and drain the funds. Despite the DeFi sector achievements, some protocols were still heavily affected by hackers’ exploits including Radiant Capital. The DeFi firm lost over $55 million after a hacker gained access to their system using some malware, manipulating legitimate transaction approvals, and bypassing the protections of hardware wallets. Over $1.7 billion was lost to access control exploits in 2024 Over $2.3 billion has been drained by hackers from the crypto space in 2024. Both the DeFi and CeFi sectors were heavily hit by access control vulnerabilities. Access control exploits accounted for 75% of all crypto hack losses and nearly half of all DeFi losses, draining more than $1.7 billion. In addition, phishing scams drained over $600 million in 2024. Most of them were a combination of inclusive celebrity-endorsed rug pulls and presale scams. Hacken’s report even highlights that hacks and breaches across crypto and metaverse platforms persisted into 2024, due to weaknesses in private key management systems, poor security measures, single-signature vulnerabilities, and insecure private key backups. Land a High-Paying Web3 Job in 90 Days: The Ultimate Roadmap
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.
If you’ve been around the cryptocurrency space for a while, you’ve probably heard stories of those who turned small investments into life-changing wealth by getting in on the right coin at the right time. Popcat (POPCAT) is one such example. Those who jumped on the train early witnessed exponential growth, while others watched from the sidelines, regretting their hesitation. Now, a new opportunity is knocking on the door— BTFD Coin (BTFD) . With its presale featuring a limited-time rollback to Stage 7 pricing, the potential to secure incredible gains is here again. Don’t miss out this time. BTFD Coin: Seize the Dip and Soar BTFD Coin isn’t just another cryptocurrency; it’s a rallying cry for savvy investors who understand the value of buying low and holding for the moonshot. Its presale has become a hot topic, thanks to its strategic rollback to Stage 7 pricing of $0.000064—a massive 50.77% discount from its current stage price. For those ready to dive in, the opportunity to make 837.5% gains when the coin lists at $0.0006 is simply too good to pass up. Why BTFD Coin Stands Out BTFD isn’t just banking on hype; it’s building an ecosystem that rewards its holders. With its Play-to-Earn (P2E) game, staking rewards offering an eye-popping 90% APY, and a referral programme incentivising community growth, the project is designed for long-term success. The beta version of the P2E game is already live, showcasing the team’s commitment to delivering value even before the presale ends. While no rewards are earned in the beta version, the final game promises to integrate BTFD tokens, allowing players to earn while they play. Additionally, BTFD’s Bulls Squad—a vibrant community of investors—adds a layer of resilience and collective power to the project. As part of this squad, you’re not just investing in a coin; you’re joining a movement dedicated to seizing opportunities during market dips and riding the wave to financial success. Presale Success and Investment Example The BTFD presale has already raised over $4.44 million, selling more than 58 billion tokens to over 6,500 holders. With a maximum supply of 173 billion coins, scarcity is engineered into tokenomics. Let’s put the potential gains into perspective. If you invest $3,000 at the current Stage 7 price of $0.000064, you’ll secure approximately 46,875,000 BTFD tokens. When the coin lists at $0.0006, your investment could skyrocket to $28,125—an astounding return on investment. Join the BTFD Presale Before the BIG50 Deal Ends Getting in on the action is straightforward: Go to the Presale site and connect your wallet (e.g., MetaMask or Trust Wallet). Enter the bonus code “ BIG50 ” in the designated field to claim the discounted Stage 7 price. Input the amount of BTFD tokens you wish to purchase. Review the discounted price and confirm your purchase. This limited-time offer ends on January 5, 2025, so don’t wait too long. The next bull market could be your gateway to financial independence, and BTFD Coin is your ticket. Popcat: The Missed Opportunity Popcat ($POPCAT) burst onto the scene with a quirky yet captivating backstory tied to the viral Popcat meme. It was a community-driven project that leveraged the power of Internet culture to gain massive traction. Early investors who recognised the potential of this unique meme coin reaped the rewards as the token’s value skyrocketed, reaching an all-time high of $1.67 in October 2024. Popcat’s Meteoric Rise and Fall POPCAT’s initial success was fuelled by a robust marketing strategy, high-profile exchange listings, and a dedicated community. Its listing on Binance and KuCoin added legitimacy and liquidity, attracting a wave of new investors. The token’s market cap surged as it climbed the crypto rankings, making headlines and creating overnight millionaires. However, like many meme coins, POPCAT’s journey hasn’t been without challenges. After hitting its peak, the token experienced a significant correction, losing over 65% of its value in the following months. This downturn highlighted the volatile nature of meme coins and the importance of timing in the crypto market. Those who missed out during the early stages of POPCAT’s rise often look back with regret, wondering what could have been. Why BTFD is the Best Bet Right Now The story of POPCAT serves as a cautionary tale and a source of inspiration. It underscores the potential of meme coins to deliver astronomical gains but also the necessity of getting in early. With BTFD Coin currently in its presale stage, history is offering a second chance. Don’t be the person who looks back and says, “I should have invested.” Conclusion: Don’t Miss Out on the Next Big Thing The world of cryptocurrency moves fast, and opportunities don’t wait. Popcat’s meteoric rise and subsequent correction are reminders of the potential rewards and risks in this space. While many missed the chance to turn POPCAT into a financial windfall, BTFD Coin presents a fresh opportunity to get in on the ground floor of a promising project. With its limited-time rollback to Stage 7 pricing and an ecosystem designed for long-term growth, BTFD Coin is undoubtedly the top crypto presale of the moment. Act now, claim your discount with the code “ BIG50 ,” and secure your stake in BTFD Coin before the presale ends. Don’t let this chance slip through your fingers—join the Bulls Squad today and make 2025 the year you seize the dip and soar to new heights. Find Out More: Website: https://www.btfd.io/ X/Twitter: https://x.com/BTFD_COIN Telegram: https://t.me/btfd_coin The post Regret Missing Popcat Wealth Boom? Don’t Sleep on This Top Crypto Presale That’s Turning Dips Into Gold with its BIG50 Discount! appeared first on TheCoinrise.com .
CRV token shows considerable potential for price appreciation according to analysts. Its unique tokenomics contribute to stabilization and long-term investment appeal. Continue Reading: Analysts Praise CRV Token for Significant Growth Potential The post Analysts Praise CRV Token for Significant Growth Potential appeared first on COINTURK NEWS .
In the latest market update, Bitcoin’s impressive **113% surge** in 2024 has raised questions about the **financial viability** of publicly traded mining companies. According to data from the **Hashrate Index**