The latest data from CryptoQuant reveals a significant trend in the Bitcoin market. As of December 23rd, the CEO of CryptoQuant reported that the cumulative Bitcoin reserves held by exchange-traded
BTC prices are currently down 12% from their all-time high of just above $108,000 on Dec. 17, and the correction appears to be deepening. The asset hit an intraday low of $93,810 during trading in Asia on Monday morning but recovered quickly to tap $96,000 before another slip. Those losses have resulted in a “bearish engulfing” weekly candle, as reported by crypto analyst “Rekt Capital.” All of the gains over the past month have now been wiped out in the correction. “Bitcoin is showing increasing signs of transitioning into a multi-week correction,” he said. #BTC Bitcoin has confirmed a Bearish Engulfing candlestick formation $BTC #Crypto #Bitcoin https://t.co/KnIptVe958 pic.twitter.com/XwUWCkjTvM — Rekt Capital (@rektcapital) December 23, 2024 Bitcoin Corrections Are Normal “Historically, week eight in Bitcoin price discovery tends to be a corrective week,” the analyst added while providing a comparison with previous market cycles. In 2017, week nine was also corrective, but to a much lesser extent than week eight, he observed, before adding : “Generally, once BTC clears the typically corrective weeks 7 and 8 – the retrace gets close to a bottom.” It is also the worst week for the asset since Donald Trump won the US presidential election in early November. Additionally, the Federal Reserve’s cautious policy outlook has tempered optimism over Trump’s embrace of the crypto sector. Nevertheless, BTC remains up more than 40% since Trump’s victory. “We should hold the $90,000 level for Bitcoin into the year-end, but if we break below that could trigger further liquidations,” Sean McNulty, director of trading at liquidity provider Arbelos Markets, told Bloomberg. Meanwhile, David Lawant, head of research at crypto prime broker FalconX, said the “low-liquidity environment may bring more volatility as we enter into the final days of the year.” He pointed out that Dec. 27 will also likely see the biggest crypto options expiry event of its history, with almost $18 billion in notional value BTC and ETH contracts expiring. Additionally, spot Bitcoin ETFs shed almost $950 million on Thursday and Friday as investors were rattled by the market pullback. Some Altcoins Showing Recovery There are a handful of altcoins showing minor bounces from their correction dips this Monday morning. Solana (SOL) made 2.2% on the day to reach $186, Chainlink (LINK) was up 5.1%, topping $23, Toncoin (TON) made 3.5% to reach $5.50, and Stellar (XLM) was up 3%, trading at $0.363 at the time of writing. The post Bitcoin Correction Deepens, Sees Worst Week Since Trump Win appeared first on CryptoPotato .
o Trump Fires Powell could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Trump Fires Powell (TRUMPPOW), a new Solana memecoin that was launched today, is set to explode over 15,000% in price in the coming days. This is because TRUMPPOW 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 Fires Powell 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 Fires Powell could become the next viral memecoin. Trump Fires Powell 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 Fires Powell 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 Fires Powell by entering its contract address – FWmVybuoRxJ79ZDHJ3Y8efeYsHsKL4qMNwJP8rCDsfmB – 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 TRUMPPOW. 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 Web3 Is The Future For High-Net-Worth Individuals, But Can They Trust It? appeared first on Coinpedia Fintech News Web3 can provide many benefits to high-net-worth individuals, with new and exciting opportunities for them to manage and grow their wealth. Through exposure to cryptocurrencies, NFTs and tokenized assets like art and real estate, individuals can dramatically diversify their investment portfolios and access new and exciting markets. With decentralized finance, investors can engage in staking, lending and liquidity provisioning, and potentially benefit from some attractive yields that are difficult to find in traditional finance. Anyone who is familiar with Web3 will know that it can provide enhanced financial flexibility within more dynamic and decentralized economies. But at the same time, most of those with significant funds available are cautious about increasing their exposure to digital assets. There are good reasons for this caution, as the Web3 industry’s regulatory status remains incredibly cloudy, and security is still a big question mark. It’s clear that some Web3 platforms are trustworthy, but there are many which are not, and even many of the honest DeFi protocols can still fall victim to glaring vulnerabilities in their underlying code. Still, that doesn’t mean that high-net-worth individuals should avoid investing in Web3 entirely, it just means they have to proceed with extra caution. They need to do their homework and identify legitimate platforms that have invested in strong security and worked hard to ensure compliance with global anti-money laundering and know-your-customer rules. In addition, they can focus their efforts on platforms that have achieved compliance with financial authorities in key crypto markets, such as Dubai, Singapore and Switzerland, which have already created specific regulations with Web3 in mind. Strong encryption is a must The most reliable digital asset platforms are those that use strong encryption to secure user’s personal information and encrypt as much data as it’s possible to do. Some of the most reliable cryptographic security standards include biometric and homomorphic encryption, which can mask user’s transaction details from outsiders, while multiparty computation can offer further reassurances. Biometric security uses details such as the user’s facial scan, eye scan, fingerprints or even their voice as a kind of cryptographic key that’s required to access their accounts. Such techniques go a long way towards preventing unauthorized account access. Meanwhile, homomorphic encryption is a technique that allows data to be processed without ever decrypting it, meaning that it’s never exposed to bad actors, even when it’s stolen in a breach. As for multiparty computation, this is a computing technique that splits work across multiple servers, ensuring that no single server has possession of all of the encrypted data at the same time, so even if one is hacked, the data that’s stolen is useless to whoever gains access to it. Regulatory compliance provides reassurance Affluent individuals must also consider the compliance status of Web3 platforms, as well as other indicators of their financial health, such as their funding sources, investor backing and profitability. These factors aren’t always very apparent, but one way to ensure a platform is legitimate is to consider what kind of financial certifications it has achieved. Certifications to look out for include the Swiss Financial Market Supervisory Authority or FINMA, which is the independent regulatory body that governs financial institutions in Switzerland, including banks, investment companies and crypto exchanges. It’s known for its risk-based approach to supervision of such institutions, and it works to identify threats that might put such organizations at risk of financial crimes. It’s especially vigilant about money laundering and the finance of terrorism, and conducts regular audits and reviews of any certified institutions. Others include the Dubai Financial Services Authority or DFSA, which is the guardian of financial integrity within Dubai’s financial economy. It ensures that institutions ranging from banks to investment firms and crypto companies are in full compliance with Dubai’s stringent regulatory requirements, in adherence to its ethical standards, and maintain market integrity. Finally, a growing number of Web3 firms adhere to the regulations of the Monetary Authority of Singapore or MAS. Singapore has become a hotbed of crypto startups, and MAS does the job of regulating all such businesses in its territory. Web3’s advantage in wealth management If you can find a platform that’s regulated by all three of those organizations, you can be reassured that your finances are in safe hands, which is why the digital wealth management platform Welf stands out as a promising option for high-net-worth individuals. Welf, unlike traditional private banking services, operates 24/7, providing instant access to funds globally. Its products include tailored and exclusive investment opportunities, cash management, high-limit credit and debit cards that are accepted globally, luxury concierge services and advanced security. With it, clients can access a modern, fully-digital wealth management platform that blends traditional financial instruments with DeFi-based yield-generating opportunities and tokenized investments, expanding their financial opportunities. Welf’s native token WELF is required to access the platform, and sits at the heart of its ecosystem, as the main currency for transaction and service fees, and also as the cornerstone of its community governance mechanism. Clients are required to stake WELF tokens for access to its services and additional yield opportunities. The token is currently available via pre-sale IDOs on Polkastarter and Ape Terminal. Summing up Web3 is a vast and exciting financial ecosystem that has lots of potential for affluent individuals to diversify their portfolios and increase their wealth. However, it’s also a risky new economy that’s plagued by security concerns and scams, and that means regulatory compliance is a must for any serious investor. By achieving regulatory compliance, Web3 platforms demonstrate they’re committed to growing the decentralized finance system in a secure and ethical way, reassuring stakeholders, creating new opportunities for high-net-worth individuals.
COINOTAG reported on December 23rd that the Market Value to Realized Value (MVRV) ratio offers significant insights into Bitcoin’s current market positioning. Despite BTC reaching an all-time high last week,
How a Ripple millionaire's windfall from XRP's surge is inspiring interest in DTX Exchange, a new platform promising unprecedented growth potential. #partnercontent
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. How a Ripple millionaire’s windfall from XRP’s surge is inspiring interest in DTX Exchange, a new platform promising unprecedented growth potential. Table of Contents XRP’s meteoric rise makes investors look to DTX Exchange DTX set for unprecedented growth in 2025 Conclusion A Ripple millionaire reaped a seven-figure windfall from the recent XRP surge. This news will send shockwaves through the crypto community, reflecting the rapid pace at which the entire market is evolving. With this event, the Ripple millionaire paints a picture of how such a strategy can change lives. Analysts point at the beginning of November when the market was a little above $2 trillion, and now the whole market has increased above $3.5 trillion. The big-time Ripple investor became a millionaire after waiting for years for the XRP to go up to its current price. Given the success of this investment, interest in XRP and other rising coins has been revived. Now that the interest is rising even more in altcoins, there is a special one out there that is getting the most attention. The interest is in DTX Exchange (DTX) as an option for investment opportunities similar to the one in which the Ripple millionaire invested. XRP’s meteoric rise makes investors look to DTX Exchang e With the cryptocurrency reaching a 5-year high, XRP’s price has inspired new investors to start investing. Factors that caused this uptrend for XRP are: the bullish developments over Ripple’s ongoing court proceedings and, second, an increasing adoption of XRP for cross-border use cases. The million-dollar jackpot serves as food for thought to patient investors who invest wisely in cryptocurrencies. As the last moments of the recent XRP pump settle, the eyes are now on DTX Exchange , a hyped game-changer in the crypto community. DTX is using hybrid methodologies that perfectly combine the best features of centralized and decentralized exchanges. DTX Exchange is presently holding the sixth phase of the presale on its native token platform, with the current price of DTX tokens at $0.12, they have collected over $10.4 million in presale investments. Early backers who joined DTX early in the days when tokens were priced at $0.02 are already seeing profits of more than 500%. DTX holds enormous promise as savvy investors hail it as the next big investment opportunity. DTX set for unprecedented growth in 2025 Analysts and crypto fans have been discussing DTX Exchange’s raw growth potential. Some claim that DTX could have a significant rally. With an audacious prediction of 24,000% for the year 2025, analysts are comparing DTX to some of the incredibly successful platforms such as Binance and Uniswap. DTX is the first crypto-native platform that allows for seamless trade of stock, forex, ETF trading, and over 100,000 currency pairs in one go. Thus, the company can grab a huge portion of the online trading platform market, worth approximately $712 billion. Additionally, DTX Exchange offers features like up to 1000x leverage and a blistering transaction speed of 100,000 TPS, slowly becoming a strong contender in the world of finance. Conclusion For other investors who would like to mirror the success of the Ripple millionaire, then DTX Exchange is a great opportunity. The presale is currently moving very quickly, with an expected official launch next year in Q1 2025. DTX could very well be the next big crypto, providing early backers with life-changing returns. For more information, visit the DTX Exchange presale website and join the online community. Read more: DOGE gains wiped by bearish FED forecast, DTX Exchange defies market trends with 33% surge Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Japan’s MicroStrategy Metaplanet announced the purchase of an additional 617 BTC on Monday, buying the Bitcoin dips to $95,000 levels. It further reported that the company has generated a massive 309% yield on its Bitcoin holdings during the fourth quarter. However, the stock price has failed to rebound today significantly amid low sentiments. Metaplanet Takes Its Total Bitcoin Holdings to 1762 Bitcoins Earlier today, Japan’s MicroStrategy announced the acquisition of an additional 619.70 Bitcoin for an investment value of ¥9.5 billion (~$60.7 million), purchased at an average price of ¥15.33 million per Bitcoin. This latest investment has helped the company achieve a Bitcoin yield of 309.8% quarter-to-date. Also, with the Bitcoin price rally to an all-time high of $108K this quarter, the company’s BTC yield has seen a substantial jump from 41.7% during the third quarter. As of December 23, Metaplanet’s total Bitcoin holdings stand at 1,761.98 BTC, acquired for approximately ¥20.87 billion. This comes as part of the company’s ongoing commitment to increasing its BTC holdings. Last week, the Japanese firm issued its 4th Series of Ordinary Bonds, successfully raising 4.5 billion Yen from EVO FUND , on December 17, 2024. Later in the week ahead on December 20, the Japanese firm issued its 5th Series of Ordinary Bonds, raising an additional ¥5.0 billion from EVO FUND under similar terms as the 4th Series. Seeing the opportunity with the 10% BTC price drip from its all-time high amid the crypto market crash , Metaplanet poured all the proceeds into fresh Bitcoin purchases. Metaplanet Becoming Bitcoin Treasury Company Last week, Metaplanet officially identified itself as a Bitcoin Treasury company. “The company aims to strategically acquire and manage Bitcoin as a core corporate asset and leverage capital markets to increase shareholder value,” noted the firm. CEO Simon Gerovich said that their Bitcoin acquisition strategy helps to protect capital against the declining Japanese Yen. Stock Price Up Over 2000% YTD The company’s Bitcoin adoption strategy has triggered a massive surge in its stock price hitting an all-time high of 4,250 JPY last week. However, since then the stock has corrected nearly 20% and is currently trading at 3,410 JPY levels. As of now, the Metaplanet stock is up by a massive 2,034% year-to-date, thereby taking the company’s valuation to more than $1 billion. Businesses and Governments Buying the BTC Price Dip Apart from Japan’s MicroStrategy, other big whales are also accumulating BTC in this recent correction. Data from Arkham Intelligence shows that the El Salvador government boosted its Bitcoin reserves, acquiring an additional 29 BTC worth approximately $2.84 million. This latest purchase raises the country’s total Bitcoin holdings to 5,995 BTC, valued at $562 million, and comes at a time when El Salvador reached a deal with the International Monetary Fund (IMF) while securing $1.4 billion in loan. Bitcoin price today is trading at $95,500 with its market cap slipping under $1.9 trillion. Also, the daily trading volumes have dropped more than 4.18% slipping under $50 billion. Coinglass data shows that the 24-hour liquidation has jumped to $62 million with $40 million in long-liquidation. The post Metaplanet Boosts Bitcoin Holdings by 56% Buying BTC Price Dips appeared first on CoinGape .
Amid rumors that the upcoming wedding of Amazon founder Jeff Bezos, one of the richest people in the world, will cost $600 million, Bitcoin bull Michael Saylor made a BTC proposal to Bezos. Saylor urged Bezos to buy BTC, saying that “with $600 million he could buy a very large amount of Bitcoin.” However, Jeff Bezos denied the claim that the wedding would cost $600 million in his published statement. Numerous other sites have also covered the story, citing the Daily Mail. One of these stories caught the attention of Bezos' billionaire friend Bill Ackman, who posted on X that the figure was “not credible.” Related News: Alleged Satoshi Nakamoto Candidate Responds to Claims that Quantum Computers Will Crack Bitcoin's Password! Bezos, whose net worth is estimated at $238.5 billion, responded to Ackman's tweet, not only disputing the price tag but also appearing to imply that there is no wedding next weekend. “Moreover, all of this is completely false, none of this is happening,” Bezos wrote to X. “The old adage ‘don’t believe everything you read’ rings truer today than ever.” Bezos continued by commenting on a quote attributed to Mark Twain. “Lies can now reach every corner of the world before the truth even gets out. So be careful out there and don’t be naive,” he wrote. *This is not investment advice. Continue Reading: Michael Saylor Makes Bitcoin Advice to Amazon Founder Billionaire Jeff Bezos
Are you ready for the next big crypto opportunity? Bitcoin recently got past $100,000, marking a historic moment in digital finance. This surge is likely related to President-elect Donald Trump’s pro-crypto policies. Plans for a national Bitcoin reserve have sparked a new era for cryptocurrencies. Amid this excitement, investors everywhere ask: What is the next crypto to explode? Crypto titans predict significant opportunities for investors in emerging projects with massive potential. Among these, Aureal One (DLUME) leads the charge. It brings groundbreaking solutions to the decentralized finance (DeFi) sector. By investing now, you can ride the next wave of crypto innovation and secure extraordinary returns. Top 5 Next Crypto to Explode Aureal One (DLUME) DexBoss (DEBO) yPredict (YPRED) MANTRA (OM) Monero (XMR) Eager to understand why crypto titans predict these as the next crypto to explode? These standout cryptocurrencies combine innovation, market relevance, and strong community backing, making them prime candidates for growth. Explore how their unique features align with today’s evolving crypto landscape. This comprehensive analysis will give you the knowledge to make informed trading decisions. Delve into the insights to discover the unique strengths of each project and how they align with current market trends. 1. Aureal One (DLUME) Aureal One revolutionizes blockchain gaming and metaverse experiences with cutting-edge technology and an innovative ecosystem. Using Zero-Knowledge Rollups (ZK-Rollups), it offers instant transaction finality and minimal gas fees for seamless microtransactions. Crypto experts believe Aureal One will set new standards in decentralized gaming with its scalable infrastructure. Moreover, flagship projects like Darklume and Clash of Tiles highlight its ability to handle thousands of TPS. These games provide immersive, interactive experiences while showcasing the platform’s technological excellence. Aureal One’s presale offers early access to DLUME tokens at just $0.0009. This creates a strong case for it being the next crypto to explode, as gaming and metaverse industries are expected to grow. Click here to know more about Aureal One Aureal One allocates 65% of its tokens for presale, ensuring robust tokenomics and growth potential. The platform integrates blockchain with gaming, building a community-driven ecosystem that supports governance, staking, and in-game economies. The roadmap includes launching its blockchain and releasing Clash of Tiles as its first game. This strategic plan positions Aureal One as a leader in decentralized gaming. The DLUME token powers the ecosystem, enabling transactions, rewards, and exclusive features. As blockchain gaming evolves, Aureal One aims to redefine how games are created, played, and monetized. 2. DexBoss (DEBO) DexBoss (DEBO) leads the way as a DeFi platform simplifying decentralized trading with advanced financial tools. Traders can access over 2,000 cryptocurrencies, leveraging high-liquidity pools, staking opportunities, and customizable trading charts. With minimal slippage and near-instant order execution, DexBoss ensures smooth trading experiences for all users. The platform features a deflationary model powered by a buyback-and-burn mechanism, driving DEBO’s long-term value. Crypto analysts see DexBoss as the next crypto to explode, reshaping DeFi with its user-friendly interface and cutting-edge technology. During its presale, DEBO offers tokens at $0.01, gradually increasing to $0.15, promising lucrative returns for early investors. DexBoss’ tokenomics allocates its 1 billion DEBO supply to liquidity, incentives, development, and marketing. This design enhances community engagement and supports sustained growth. The roadmap outlines ambitious goals, including a Q2 2025 platform launch and Q3 2025 introduction of derivatives trading. DexBoss also aims to onboard the next billion DeFi users, fueling mass adoption. Its governance model gives DEBO holders control over platform updates using a community-centric approach. By combining innovative tools, strong tokenomics, and seamless functionality, DexBoss emerges as a leader in decentralized finance. Traders and investors can capitalize on its transformative potential in the rapidly growing DeFi market. 3. yPredict (YPRED) yPredict.ai is revolutionizing crypto trading by combining AI-driven predictions with actionable insights for smarter decisions. This advanced platform addresses market unpredictability with a predictive marketplace powered by machine learning and blockchain technology. Developers monetize data-driven models, while traders gain an edge in understanding complex price dynamics. The platform auto-detects over 100 chart patterns and analyzes real-time sentiment from social and news data. These features help traders make informed decisions in markets where algorithm-driven transactions dominate. yPredict supports its ecosystem with a capped token supply of 100 million YPRED, ensuring long-term value. Developers earn 70% of subscription fees, while traders access free tools, predictive analytics, and high-APY staking pools. The freemium model bridges advanced financial data and everyday traders, democratizing access to premium insights. Crypto titans predict yPredict will be the next crypto to explode due to its transformative approach to analytics. yPredict offers more than tools, as it fosters collaboration through DAO-driven governance and transparency in decision-making. Furthermore, unique features like sentiment analysis, pattern recognition, and transaction analysis enhance its value for traders navigating volatile markets. With free access to market predictions and an intuitive interface, yPredict empowers users across skill levels. So, Its innovations position it as a leader in crypto analytics for 2025 and beyond. 4. MANTRA (OM) MANTRA (OM) revolutionizes blockchain by creating a compliant ecosystem built on the Cosmos SDK. The platform enables tokenization and trading of real-world assets (RWAs) while meeting legal standards. Developers and institutions can build decentralized applications using CosmWasm within MANTRA’s ecosystem. With a sovereign Proof-of-Stake validator set, MANTRA ensures scalability and security, supporting 10,000 transactions per second. This powerful infrastructure drives innovation across diverse applications, fostering collaboration within the blockchain space. MANTRA’s native token, OM, powers the ecosystem with versatile utilities. Holders actively participate in governance by proposing and voting on platform changes. Users can stake OM directly on MANTRA’s web app or exchanges like Binance to earn passive yields. The platform simplifies RWA management with built-in modules, SDKs, and APIs. These tools streamline tokenization, trading, and compliance for users. Furthermore, partnerships with on and off-ramp providers improve accessibility, bridging traditional finance with decentralized systems. MANTRA positions itself as likely the next crypto to explode by balancing decentralized finance benefits with compliance and risk management. Its innovative solutions attract institutions and non-native users exploring the Web3 space. As the crypto market evolves, MANTRA emerges as the next crypto to explode. 5. Monero (XMR) Monero stands out as a decentralized cryptocurrency focused on privacy. Monero uses advanced cryptographic techniques to conceal transaction details. Senders, recipients, and transaction amounts remain completely confidential, ensuring enhanced financial anonymity. Launched in 2014, Monero operates on an open-source protocol built on CryptoNote, prioritizing decentralization. Its RandomX proof-of-work algorithm resists ASIC mining, promoting efficient mining on standard hardware. This strategy reduces centralization risks and supports a decentralized network structure. Monero’s privacy features have attracted users seeking secure and anonymous transactions. These features appeal to users prioritizing financial privacy while challenging regulators and law enforcement. Its privacy features attract users seeking alternatives to transparent digital currencies making it likely the next crypto to explode. Conclusion While each of these projects offers unique value propositions, Aureal One (DLUME) distinguishes itself through its comprehensive approach to DeFi, user-friendly platform, and strategic mechanisms designed to enhance token value. Its ambitious goals and innovative solutions position it as a top choice among the next crypto to explode. Investors seeking substantial returns should consider Aureal One (DLUME) a leading option in their cryptocurrency portfolios. However, it is essential for traders to independently evaluate all projects. Consider their financial goals and risk tolerance before making investment decisions. The post Revealed: Crypto Titans Predict 5 Next Crypto to Explode – Prepare for Massive Gains appeared first on TheCoinrise.com .