The US government has finally responded to Sam Bankman-Fried’s (SBF) appeal, stating that the initial conviction and forfeiture order against the former CEO of the bankrupt exchange should be affirmed. In its response, the government countered all the arguments raised in the SBF appeal. The US team, led by the US Attorney for the Southern District of New York, Damian Williams, filed the response on December 13. They noted that the District Court made the right decisions throughout the trial and was not biased against SBF, as the former CEO had claimed. To prove this point, they argued that the court was right to instruct the jury to consider fraudulent intent, as there was overwhelming evidence of this in the trial. According to the government counsel, Bankman-Fried intended to cause loss to the victims, and none of the trial court instructions wrongly influenced the jury to convict him of this intention to cause loss. They wrote : “(The) loss to the victim was not “an incidental byproduct of the scheme,” Kelly, 590 US at 402—obtaining the victims’ property was the core object of Bankman-Fried’s deception.” Based on this, the government argued that the court’s instruction to the jury to ignore the SBF “No Ultimate Harm” defense in the trial was correct. During the trial, SBF said that the instruction was unnecessary but later argued on appeal that it was a wrong statement of law. However, the US counsel claims that standard instructions in fraud trials and temporary deprivation of another’s property for personal profit is enough to constitute a scheme to defraud. Government says the exclusion of evidence by the trial judge was correct Meanwhile, a chunk of SBF’s arguments in the appeal relied on what he believed was the wrongful exclusion of evidence that could have helped his case by the trial judge. Unsurprisingly, the government focused on disproving these arguments, noting that the judge was right. During the trial, the judge ruled that the evidence that SBF could present should be limited to show that he was acting in good faith. In his attempt to prove this, SBF wanted to present evidence showing that his investments with FTX funds were strategic, and he repaid the debt to customers and creditors. He also tried to prove that his decisions were based on legal counsel. However, the trial judge limited the evidence he could provide and sometimes made him give evidence without the jury, noting that it was not specific, and some could even mislead the jury. SBF argued in his appeal that these limitations ruined his case. In its response, the government stated that its own evidence about losses suffered due to SBF actions is relevant, and even if the former CEO had presented evidence showing he could repay, it would still not absolve him of the crime. It added that the court was right to order the criminal forfeiture of $11 billion against SBF as these funds were fraudulently obtained, and the size of the forfeiture is commensurate to the gravity of the action. What next for SBF? With the US government now filing its response to the appeal, it is up to SBF to reply to the counterarguments raised, and he has until January 31 to do that. However, whether the convicted CEO, who is currently serving his 25-year sentence, will win the appeal remains questionable. The core of his appeal has been that he did not get a fair trial and was presumed guilty by the prosecutors and judges involved in his case. However, many legal experts believe that it is unlikely for the Appellate court to grant a retrial especially if the appellant cannot sufficiently prove that the trial court acted inappropriately. While SBF has alleged some bias, noting the several criticisms of his counsel by the trial judge, the government lawyers noted that the judge also criticized the prosecution during the trial. Meanwhile, FTX is already planning to repay the customers with 98% of the customers likely to get their refunds within the next three months. However, they will be receiving their funds at November 2022 valuations even though prices have more than tripled since then. A Step-By-Step System To Launching Your Web3 Career and Landing High-Paying Crypto Jobs in 90 Days.
The much-anticipated wave of crypto exchange-traded funds (ETFs) is set to reshape the cryptocurrency landscape in 2025. While heavyweights like Solana (SOL) and Ripple’s XRP encounter regulatory and logistical hurdles, newer projects like Lightchain AI (LCAI) and Hedera Hashgraph (HBAR) are emerging as top contenders to lead the charge. With their innovative technologies and rapidly growing ecosystems, LCAI and HBAR are capturing the attention of both retail and institutional investors. Why Solana and XRP Are Facing ETF Delays Even though they are popular, Solana and XRP is having a hard time to meet the tough rules for ETF inclusion. Solana's rare network breaks and growth troubles bring up worries for big investors, while XRP keeps facing leftover doubt from its court fights with the SEC, even after some wins. Though these problems dont lessen their worth as block chain plans, they slow down their chance to be in ETFs, giving new assets like Lightchain AI and HBAR a shot to take the stage. Also, with the rising trend for green investments, Solana's need for Proo͏f-of-Stake (PoS) way and XRP high energy use might hurt their odds of being ETF favorites. Lightchain AI The Newcomer Poised for ETF Domination Lightchain AI (LCAI) is rapidly positioning itself as the blockchain project to watch in 2025. With its focus on integrating artificial intelligence into decentralized applications, it offers unique use cases that cater to a wide range of industries. What Makes Lightchain AI ETF-Ready? Unlike many traditional cryptocurrencies, Lightchain AI addresses the growing demand for real-world applications and enterprise-level adoption. Its Artificial Intelligence Virtual Machine (AIVM) enables businesses to deploy AI-driven applications securely and transparently on the blockchain. Additionally, its Proof of Intelligence (PoI) consensus mechanism ensures that computational resources are used meaningfully, aligning with sustainability goals that appeal to institutional investors. Moreover, Lightchain AI’s deflationary tokenomics, early-stage pricing of just $0.003, and a roadmap targeting cross-chain integrations make it an ideal candidate for ETF inclusion. Its ability to deliver high utility and sustainable growth positions it as a frontrunner in the next wave of blockchain innovation. Hedera Hashgraph (HBAR) A Sustainable and Institutional Favorite Hedera Hashgraph (HBAR) has long been regarded as one of the most energy-efficient blockchain alternatives, thanks to its unique consensus algorithm that combines speed, scalability, and security. With governance led by a council of global enterprises like Google, IBM, and Boeing, Hedera offers the kind of institutional backing that ETFs are drawn to. HBAR’s focus on enterprise solutions, including supply chain management, digital identity, and tokenized assets, gives it broad appeal for use cases that extend beyond cryptocurrency speculation. This focus on tangible applications makes HBAR a strong candidate for ETFs targeting long-term, value-driven investments. The Role of ETFs in Crypto Adoption The launch of crypto ETFs is expected to bring a wave of new capital into the market, providing mainstream exposure to digital assets without requiring direct ownership of tokens. These ETFs will likely prioritize projects with. Real-World Utility Tokens like Lightchain AI and HBAR, which solve real problems, are more likely to attract ETF attention than speculative assets. Regulatory Compliance Projects with clear governance and transparent operations, such as HBAR’s enterprise council and LCAI’s community-driven approach, stand out. Sustainability Energy-efficient and environmentally friendly protocols are favored in an era of increasing ESG (Environmental, Social, Governance) awareness. Lightchain AI, with its AI-driven blockchain innovations, and Hedera, with its enterprise-grade solutions, perfectly align with these criteria. How ETFs Could Impact Lightchain AI ETFs have the potential to catapult Lightchain AI into mainstream adoption, pushing its token price higher and increasing liquidity. With greater visibility and accessibility through ETF inclusion, more investors will be drawn to LCAI’s utility-driven approach, amplifying demand for its tokens. Moreover, ETFs are expected to bring institutional interest and capital into the market, which could accelerate Lightchain AI’s cross-chain integration plans and partnerships with enterprise clients. This would further solidify its position as a leading blockchain project in 2025. Plus the price stability that ETFs bring could attract more businesses looking to build applications on the LCAI network, creating a virtuous cycle of growth and adoption. New Leaders in the ETF Race As Solana and XRP face delays in their ETF journeys, Lightchain AI and Hedera Hashgraph are emerging as strong contenders to lead the next wave of blockchain innovation. Their emphasis on real-world applications, sustainability, and institutional appeal positions them as frontrunners for ETF inclusion in 2025. For investors seeking the next big opportunity, Lightchain AI’s presale at $0.003 offers an unprecedented chance to get in early on a project poised for exponential growth. With ETFs on the horizon, now is the time to watch these projects closely. Who knows, they could soon become the new darlings of the ETF world. Keep an eye out for Lightchain AI and Hedera Hashgraph as they continue to make strides towards mainstream adoption. The future of blockchain is bright, and these projects are leading the way. So don't miss out on this potential opportunity and keep a close watch on these projects as they take center stage in the ETF race. https://lightchain.ai https://lightchain.ai/lightchain-whitepaper.pdf https://x.com/LightchainAI https://t.me/LightchainProtocol Disclaimer: This is a sponsored article 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.
Michael Saylor, co-founder and executive chairman of Microstrategy, has discussed the opportunity for the U.S. to make the dollar ubiquitous by building a regulatory framework that allows U.S. banks to issue their treasury-backed stablecoins. Michael Saylor Discusses US Banks’ Upcoming Digital Dollar Adoption Michael Saylor, bitcoin visionary, co-founder, and executive chairman of Microstrategy, the first
Bitcoin has surged past its all-time high again, reaching an impressive $108,300 and solidifying its position as the market leader. This rally marks a continuation of Bitcoin’s push into price discovery, fueled by growing investor demand and positive global market sentiment. Notably, many major markets, including U.S. stocks and gold, are also experiencing upward momentum, creating a favorable macroeconomic environment for Bitcoin’s price action. Top CryptoQuant analyst Axel Adler recently highlighted Bitcoin’s renewed strong correlation with the S&P 500 index, which currently stands at 83%. This connection underscores how BTC is increasingly viewed as a risk-on asset, moving in tandem with traditional financial markets. Adler’s analysis suggests that Bitcoin’s price performance could continue to mirror broader market trends, potentially leading to even greater heights if global equities maintain their bullish trajectory. As Bitcoin navigates this historic rally , analysts and investors closely monitor the market for clues about its next moves. With global markets aligned and BTC maintaining strong correlations, the stage is set for further price discovery. However, all eyes remain on whether BTC can sustain its momentum and reach new highs in the coming weeks. Bitcoin Joins Traditional Markets Bitcoin has evolved from a niche digital asset to a globally accepted store of value, with its increasing mainstream adoption playing a key role in its market movements. Over the past four years, Bitcoin’s price action has often mirrored broader market trends, especially during strong growth in traditional assets like the S&P 500 and NASDAQ. This growing relationship highlights Bitcoin’s transition into a risk-on asset, now seen as part of a larger global financial ecosystem. Top CryptoQuant analyst Axel Adler recently shared important insights revealing that BTC is once again strongly correlated with the S&P 500, with the current correlation at an impressive 83%. This marks a significant shift from September, when the correlation was a negative 80%. During that time, BTC was undergoing a correction while the S&P 500 was pushing toward a new all-time high. The negative correlation observed back then reflected a market divergence, with BTC and traditional equities moving in opposite directions. Typically, a high positive correlation between Bitcoin and the S&P 500 signals that both markets are trending in the same direction, often due to shared macroeconomic factors like investor sentiment and global economic conditions. The current positive correlation suggests that Bitcoin’s rise is in tandem with the broader financial market’s bullish momentum, which bodes well for further price discovery. As both markets continue to climb, BTC may experience even stronger upward movement, benefiting from the continued growth of global equities. BTC Visits Uncharted Territory Bitcoin is trading at $105,200, showing strong momentum after a solid bounce from the previous all-time high (ATH) at the $103,400 level. This bounce is a bullish signal, indicating that BTC maintains its upward trajectory and continues to push into price discovery. BTC holding above this key support level highlights growing investor confidence, suggesting that further gains are likely in the coming days. If BTC can hold above the critical $104,000 mark in the short term, it would pave the way for a challenge to the $110,000 level. A successful move past $110,000 would mark a new milestone in Bitcoin’s price action, potentially leading to further exploration of uncharted territory. However, if selling pressure begins to intensify, BTC may experience a retrace back to the $100,000 mark. This level could act as key support, offering a chance for the market to find demand before continuing its rally. Overall, Bitcoin remains in a strong uptrend, and the next few days will be crucial in determining whether it can continue pushing toward new highs or face a temporary pullback. Featured image from Dall-E, chart from TradingView
The post XRP News: Is XRP Still a Good Investment After Its 500% Rally? appeared first on Coinpedia Fintech News Ripple’s native cryptocurrency, XRP, has been a standout performer in the crypto market, surging nearly 500% from $0.50 to $2.60 in recent months. Despite this remarkable growth, XRP has come under fire in a video titled “Everything That’s Wrong With XRP,” sparking debate within the crypto community. Key Criticisms of XRP The author of this video has outlined three key reasons why XRP might not be a solid investment. Replacement by Stablecoins: Author argued that XRP’s original role as a bridge currency for cross-border payments has been overshadowed by stablecoins, which offer more stability. Ripple’s recent launch of its stablecoin, RLUSD, has added fuel to this claim. Ripple’s IPO Plans: The video suggested that Ripple’s plans for an IPO undermine XRP’s relevance, as the company’s stock performance could overshadow the cryptocurrency. Ripple’s Large XRP Holdings: Ripple currently holds over 38 billion XRP tokens and has been selling them to fund operations. This centralization, according to the author, poses risks to XRP’s long-term value. Ripple CTO David Schwartz Responds In response, Ripple CTO David Schwartz took to X to address these criticisms head-on. I think its first point is completely wrong. It's true that you can use XRP to make payments without holding it, which is good because it means you aren't exposed to its volatility if you don't want to be, it doesn't follow that people won't hold XRP. For one thing, the only… — David "JoelKatz" Schwartz (@JoelKatz) December 18, 2024 Schwartz dismissed the claim that stablecoins make XRP obsolete. He explained that XRP’s unique role as a bridge currency relies on its liquidity and the ability of holders to buy and sell the token freely. This liquidity ensures that XRP remains a valuable asset for payments. Furthermore, Schwartz noted that holding XRP can simplify transactions by reducing the number of currency exchanges needed. “If you don’t know which currency you’ll need next, holding XRP makes sense,” he said. Schwartz also expressed skepticism about predictions regarding XRP’s price movements, highlighting how XRP and Stellar (XLM) often follow similar market trends, driven by broader factors rather than Ripple-specific developments. Why XRP Still Has Potential Despite the criticisms, Schwartz supports XRP’s importance in the digital payment ecosystem. For individuals and businesses navigating multiple currencies, holding XRP can streamline operations, making it an efficient choice in a complex financial landscape. While debates continue, Ripple is looking toward the approval of an XRP ETF . The company has been working closely with financial institutions, and so far, four filings for XRP ETFs have been submitted. These efforts suggest a strong possibility that the proposals could gain approval before 2025.
Here are three promising cryptocurrencies under $0.50 that could soar to $5 by 2025. These hidden gems boast strong fundamentals, innovative use cases, and growing community support, making them prime candidates for massive growth. With strategic partnerships, upcoming exchange listings, and real-world applications driving demand, now could be the perfect time to invest before these coins explode in value. 3 Cryptocurrencies Below $0.50 That Will Reach $5 With Ease in 2025 Shiba Inu (SHIB) Shiba Inu is a meme-related crypto project, the ecosystem includes ShibaSwap and Shibarium. Shibarium is a layer-2 blockchain solution that focuses on DeFi applications. In addition, the project has enabled NFTs and staking options, looking to add real-world uses and attract many users. Rexas Finance (RXS) Rexas Finance is the user's gateway to the future of asset management. Rexas Finance enables users to own or tokenize digitally any real-world asset, from real estate to commodities, on a worldwide scale. With Rexas Finance, users can gain a market with endless asset investment opportunities. Rexas Token Builder: It is normally used to tokenize their real-world assets and commodities. To make it easy for individuals to get digital ownership and offer access to the global market. Rexas Launchpad: This feature helps the asset owners raise funds for their tokenized assets, offering liquidity and new investment options for the crypto users. Rexas Estate: The project’s one of the most exciting features is Rexas Estate which enables crypto users to co-own the real-world assets and earn passive income in stablecoins. Furthermore, Rexas Finance began the presale of the native token RXS on September 8, 2024. The total supply of RXS tokens is 1 billion. Rexas project has raised over $27.4M ntil now, with 90% of the 10th presale stage has been over. This event is important for the platform as it allows early investors to engage in what might turn into a revolutionary solution for RWA tokenization. Rexas Finance's $1M Giveaway is live, offering a huge chance for early adopters to join the project’s growth. With a current token price of $0.15 and a projected listing price of $0.20 indicate a good opportunity for investors. Moreover, Rexas Finance has been listed on CoinMarketCap and CoinGecko. Furthermore, Rexas Finance (RXS) has the potential to be listed on Top 3 Tier 1 exchanges. Rexas Finance’s security is validated by a rigorous audit conducted by Certik. Tron (TRX) TRON is a decentralized, blockchain-based operating system with smart contract functionality, proof-of-stake principles as its consensus algorithm, and a cryptocurrency native to the system, known as Tronix. About Rexas Finance (RXS) Rexas Finance is the user's gateway to the future of asset management. Rexas allows users to own or tokenize virtually any real-world asset, from real estate and art to commodities and intellectual property worldwide. With Rexas, users gain access to a world where asset liquidity and investment choices are boundless. For more information about Rexas Finance (RXS) visit the links below: Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance Disclaimer: This is a sponsored article 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.
Ilya Lichtenstein, who pled guilty last year to charges related to the 2016 theft of 120,000 bitcoin from Bitfinex, has made his first public statement since his 2022 arrest. In a five-minute video posted to X (formerly Twitter) on Thursday, Lichtenstein reiterated that he was the hacker and that he acted alone, denying speculation in a Netflix documentary that his father (or, perhaps, some spy agency, maybe Russia's) might have been involved in the theft. “My dad is no hacker, he doesn’t even know how to use Instagram,” said Lichtenstein, who was sentenced to five years in prison for conspiracy to commit money laundering, including the time he was incarcerated after the arrest while the case was pending. "I offer my sincerest apologies to Bitfinex for all the stress that I have caused them," he said in the video, recorded from prison during a remote visit with his wife. "I knew what I was doing was wrong and I did it anyway because I didn't care ... I look back at the person I was then, and I hate myself. I hate myself." In the video, Lichtenstein also provided an update on restitution for the funds he stole from Bitfinex. "For the past three years, I have worked hard to account for and return all assets down to the last satoshi, as required by my plea agreement, and I will continue to do so," Lichtenstein said, showing bags under his eyes.A restitution hearing is set for February to determine whether they should be distributed to Bitfinex or to its customers who were affected by the hack. Razzlekhan speaks Lichtenstein's wife, Heather "Razzlekhan" Morgan, pled guilty to one count of money laundering conspiracy and one count of conspiracy to defraud the United States. Prosecutors said she became aware of the hack only years after the fact and was enlisted by her husband to launder the stolen bitcoin. "In many ways, my wife ... is just another victim of my bad decisions," Lichtenstein said in the video. Last month, Morgan was sentenced to 18 months in prison for her supporting role in Lichtenstein's crimes. "It’s nice to begin to have the public record surrounding our case set straight," Morgan told CoinDesk, referring to the video her husband released. "You would think that would have happened after our sentencing memos got filed, but that really hasn’t been the case. There are so many myths that I look forward to debunking when we tell the real story.” Best known for her goofy rap videos , Morgan recently began selling custom videos for $125 a pop on Cameo, a sort of non-pornographic version of Onlyfans. Her prison sentence could begin as soon as next month. "Despite everything you’ve read, my Razzlekhan persona never had anything to do with this case, besides the government mentioning it in their charging documents. I created Razzlekhan years before I ever knew my husband had hacked Bitfinex," Morgan told CoinDesk. “While our criminal case was open, I was unable to speak publicly or tell my story," she said. "This also meant I could not publish any articles or release any new artworks or songs the last three years. Now that the case is over, I look forward to freely expressing myself creatively again. ... I am eager to tell the story of what really happened.” Takes one to catch one Atoning for his misdeeds in court, Lichtenstein said that after he serves his time he plans to pursue a career fighting cybercrime . In Tuesday's video, Lichtenstein reiterated that pledge. "When I am released from prison ... I plan to dedicate myself to working in the cybersecurity industry," Lichtenstein said. "I know the cyber threats that we face and I know how to stop them." The bitcoin stolen in the 2016 hack was worth $70 million at the time and around $12 billion today. The Netflix documentary leaves viewers with the impression that a substantial portion of the stolen funds remain missing, but according to Lichtenstein's lawyer, this is not the case. “With significant help from Mr. Lichtenstein, the government has recovered nearly all of the assets stolen during the 2016 Bitfinex hack," the lawyer, Samson Enzer of Cahill Gordon & Reindel LLP, told CoinDesk. "In total, approximately 114,601 BTC (representing 96% of the approximately 119,754 BTC taken in the hack) were recovered, as well as 29 additional assets with substantial value.” The U.S. Department of Justice did not respond by press time to CoinDesk's inquiry about the percentage of stolen funds that were recovered.
Late Wednesday (U.S. hours), Matt Hougan, the Chief Investment Officer (CIO) at Bitwise Asset Management, took to the social media platform X to comment on the Fed’s announcement and its impact on the crypto market. On Wednesday, the Fed announced the decision of the Dec. 17-18 meeting of its Federal Open Market Committee (FOMC). According
The post World Liberty Finance’s $10M Bitcoin Swap: Strategic or Politically Motivated? appeared first on Coinpedia Fintech News World Liberty Financial (WLFI), a decentralized finance project backed by Donald Trump, has made a bold move by swapping $10.4 million worth of cbBTC for WBTC (Wrapped Bitcoin). The decision comes amid Coinbase’s controversial delisting of WBTC, sparking speculation about WLFI’s strategic direction. Now the question arises whether it is politically motivated or just a normal shift. Blockchain analytics firm Lookonchain revealed that WLFI exchanged 102.9 cbBTC for 103.15 WBTC. This shift comes as cbBTC, Coinbase’s Bitcoin wrapper, gains momentum with a $1 billion market cap. Despite its rising adoption, WLFI’s decision highlights a clear preference for WBTC. Trump's World Liberty( @worldlibertyfi ) exchanged all 102.9 $cbBTC ($10.4M) for 103.15 $WBTC 4 hours ago. https://t.co/mtD0c2tvvo pic.twitter.com/tfN60lgStm — Lookonchain (@lookonchain) December 19, 2024 While cbBTC gains traction, WBTC faces scrutiny and challenges. Let’s get into the insight. Justin Sun’s Role in the Move Justin Sun, founder of TRON DAO and a major WLFI investor, has played a key role in this transition. Recently Sun, a vocal critic of cbBTC’s governance and transparency, invested $30 million in WLFI and joined as an advisor. His association with BitGo, the custodian of WBTC, further underscores his influence on WLFI’s alignment. Sun’s involvement has also brought significant collaborations to WLFI, including partnerships with Chainlink and TRON. These alliances enhance WLFI’s infrastructure and reflect Sun’s vision for decentralized finance innovation. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Michael Egorov Denies Curve DAO Liquidation Claims, But Reports Suggest Otherwise , Coinbase Controversy Adds Fuel Coinbase introduced cbBTC in September, aiming to rival WBTC in the DeFi space. However, the exchange announced plans to delist WBTC, prompting a legal challenge from BiT Global, a custodian linked to WBTC. On Wednesday, a court sided with Coinbase, allowing the delisting to proceed. WLFI’s move aligns it with WBTC’s trusted infrastructure and market presence, distancing itself from cbBTC’s controversies. This decision also reflects a broader strategy to leverage Sun’s blockchain expertise and partnerships, including Chainlink’s decentralized services and TRON’s Scale program. It remains to be seen whether this represents a calculated risk or a deeper alignment. Actions like these remind us that narratives can influence markets just as much as numbers do. .article_register_shortcode { padding: 18px 24px; border-radius: 8px; display: flex; align-items: center; margin: 6px 0 22px; border: 1px solid #0052CC4D; background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%); } .article_register_shortcode .media-body h5 { color: #000000; font-weight: 600; font-size: 20px; line-height: 22px; } .article_register_shortcode .media-body h5 span { color: #0052CC; } .article_register_shortcode .media-body p { font-weight: 400; font-size: 14px; line-height: 22px; color: #171717B2; margin-top: 4px; } .article_register_shortcode .media-body{ padding-right: 14px; } .article_register_shortcode .media-button a { float: right; } .article_register_shortcode .primary-button img{ vertical-align: middle; } @media (min-width: 581px) and (max-width: 991px) { .article_register_shortcode .media-body p { margin-bottom: 0; } } @media (max-width: 580px) { .article_register_shortcode { display: block; padding: 20px; } .article_register_shortcode img { max-width: 50px; } .article_register_shortcode .media-body h5 { font-size: 16px; } .article_register_shortcode .media-body { margin-left: 0px; } .article_register_shortcode .media-body p { font-size: 13px; line-height: 20px; margin-top: 6px; margin-bottom: 14px; } .article_register_shortcode .media-button a { float: unset; } .article_register_shortcode .secondary-button { margin-bottom: 0; } } Never Miss a Beat in the Crypto World! Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more. .subscription-options li { display: none; } .research-report-subscribe{ background-color: #0052CC; padding: 12px 20px; border-radius: 8px; color: #fff; font-weight: 500; font-size: 14px; width: 96%; } .research-report-subscribe img{ vertical-align: sub; margin-right: 2px; } Subscribe to News var templateIds = "6"; var listOfSubscribed = []; function subscribed_popupmodal(template_id) { var subcribemodal = document.getElementById('subscribe-modal-design'); if (subcribemodal) { var modalContent = ` Never Miss a Beat in the Crypto World! Stay informed and gain the edge you need to navigate the crypto world. Select your subscription now Daily Get real-time crypto news, market insights, and blockchain updates. Weekly Stay updated with major trends, funding news, and price analysis. Monthly Receive a detailed report with market analysis and expert predictions. Subscribe Now `; subcribemodal.innerHTML = modalContent; } subscribe_unsubscribe_status(template_id); //getAllSubscriberCategoryList(template_id); } function toggleSubscription(subscription, template_id) { var subscriptionCheckbox = document.getElementById(subscription + '_' + template_id); var li = document.getElementById(subscription + 'Selected_' + template_id); if (subscriptionCheckbox.checked) { li.classList.add('active'); } else { li.classList.remove('active'); } } function getAllSubscriberCategoryList(getcategoryId) { jQuery.ajax({ url: 'https://coinpedia.org/wp-admin/admin-ajax.php', type: 'GET', data: { action: 'subscribe_api_ajax_request', apiurl: '/app/email_newsletter/list', }, success: function(response) { var result = JSON.parse(response.message); if (result.status === true) { var idstosubscribed = [] // Populate listOfSubscribed with subscribed category IDs result.message.forEach(listofcategory => { if (listofcategory.subscribe_status === 1) { if (!listOfSubscribed.includes(listofcategory._id)) { listOfSubscribed.push(listofcategory._id); } if (!idstosubscribed.includes(listofcategory.news_cp_category_row_id)) { idstosubscribed.push(listofcategory.news_cp_category_row_id); } } }); idstosubscribed.forEach(id => { var subscribeButton = document.getElementById('subscribe_' + id); var unsubscribeButton = document.getElementById('unsubscribe_' + id); if (subscribeButton && unsubscribeButton) { subscribeButton.style.display = 'none'; unsubscribeButton.style.display = 'block'; var showDownloadReport = document.getElementById('download_report'); if (showDownloadReport) { showDownloadReport.style.display = 'block'; } } }); } }, error: function(xhr, status, error) { console.error('Error:', error); } }); } function subscribe_unsubscribe_status(getcategoryId) { var elementTounsubscribe = document.getElementById('unsubscribe_' + getcategoryId); var elementTosubscribe = document.getElementById('subscribe_' + getcategoryId); jQuery.ajax({ url: 'https://coinpedia.org/wp-admin/admin-ajax.php', type: 'POST', data: { action: 'subscribe_api_ajax_request', apiurl: '/app/email_newsletter/list?category_row_id=' + getcategoryId, }, success: function(response) { var result = JSON.parse(response.message); if (result.status === true) { jQuery('.skeliton-loader-block').hide(); var hasSubscribeStatusOne = false; result.message.forEach(subscribeStatus => { if (listOfSubscribed.includes(subscribeStatus._id) && subscribeStatus.subscribe_status === 1) { hasSubscribeStatusOne = true; } if (subscribeStatus.notification_type === 3) { document.getElementById('monthlySelected_' + getcategoryId).style.display = 'block'; document.getElementById('monthly_' + getcategoryId).setAttribute('data-id', subscribeStatus._id); if (subscribeStatus.subscribe_status === 1) { document.getElementById('monthly_' + getcategoryId).checked = true; } } else if (subscribeStatus.notification_type === 2) { document.getElementById('weeklySelected_' + getcategoryId).style.display = 'block'; document.getElementById('weekly_' + getcategoryId).setAttribute('data-id', subscribeStatus._id); if (subscribeStatus.subscribe_status === 1) { document.getElementById('weekly_' + getcategoryId).checked = true; } } else if (subscribeStatus.notification_type === 1) { document.getElementById('dailySelected_' + getcategoryId).style.display = 'block'; document.getElementById('daily_' + getcategoryId).setAttribute('data-id', subscribeStatus._id); if (subscribeStatus.subscribe_status === 1) { document.getElementById('daily_' + getcategoryId).checked = true; } } if (subscribeStatus.subscribe_status === 1) { listOfSubscribed.push(subscribeStatus._id); } }); if (hasSubscribeStatusOne) { elementTosubscribe.style.display = 'none'; elementTounsubscribe.style.display = 'block'; } else { elementTosubscribe.style.display = 'block'; elementTounsubscribe.style.display = 'none'; } } }, error: function(xhr, status, error) { console.error('Error:', error); } }); } function logSelectedSubscriptions(categoryid) { var unsubscribemodal = document.querySelector('.unsubscribed-popup-modal .modal'); var subscribedmodal = document.querySelector('.subscribed-popup-modal .modal'); unsubscribemodal.innerHTML=''; subscribedmodal.innerHTML=''; var selectedSubscriptions = []; var storeCheckedId = []; var checkboxes = document.querySelectorAll('#subscription-options-' + categoryid + ' input[type="checkbox"]'); var errorMessage = document.getElementById('error-message-select'); // Use a Set to handle unique data-ids var uniqueSubscribedIds = new Set(listOfSubscribed); checkboxes.forEach(function(checkbox) { var dataId = parseInt(checkbox.getAttribute('data-id')); if (checkbox.checked) { selectedSubscriptions.push(checkbox.id); storeCheckedId.push(dataId); } else { uniqueSubscribedIds.delete(dataId); // Remove unchecked data-id } }); // Update listOfSubscribed with unique values listOfSubscribed = Array.from(uniqueSubscribedIds); var selectedSubscriptionsString = selectedSubscriptions.join(', '); var concatinateSubscribeId = [...new Set(storeCheckedId.concat(listOfSubscribed))]; var categoryData = { 'subscribed_categories': concatinateSubscribeId }; var requestSubscriberData = { action: 'handle_dynamic_api_request_with_headers', security: 'ff84bbfcc7', endpoint: '/app/email_newsletter/update_categories', token: '', data: categoryData }; jQuery.ajax({ url: 'https://coinpedia.org/wp-admin/admin-ajax.php', type: 'POST', data: requestSubscriberData, beforeSend: function(xhr) { xhr.setRequestHeader('X-Requested-With', 'XMLHttpRequest'); }, success: function(response) { try { response = response.data; if (storeCheckedId.length === 0) { var unsubcribedPopUpmodal = ` You’ve Unsubscribed Successfully We're sorry to see you go! Your subscription has been canceled. If you change your mind, you can re-subscribe anytime. Thank you for being part of our community! `; unsubscribemodal.innerHTML = unsubcribedPopUpmodal; document.querySelector('#subscribe-modal-design .modal').style.display = 'none'; unsubscribemodal.style.display = 'block'; unsubscribemodal.classList.remove('hide'); unsubscribemodal.classList.add('show'); document.getElementById('subscribe_' + categoryid).style.display = 'block'; document.getElementById('unsubscribe_' + categoryid).style.display = 'none'; var showDownloadReport = document.getElementById('download_report'); if (showDownloadReport) { showDownloadReport.style.display = 'none'; } } else { var subscribedPopupModal = ` Thank you for subscribing! Thank you for subscribing to our crypto and blockchain newsletter! You’ll now receive the latest news, insights, and updates straight to your inbox. Welcome to our community! `; let selectedSubscriptionsArray = selectedSubscriptionsString.split(','); let subscribedCategories = selectedSubscriptionsArray.map(subscription => subscription.split('_')[0]); let subscribedCategoriesString = subscribedCategories.join(', '); subscribedmodal.innerHTML = subscribedPopupModal; if (document.getElementById('selectidname')) { document.getElementById('selectidname').textContent = subscribedCategoriesString; } document.querySelector('#subscribe-modal-design .modal').style.display = 'none'; subscribedmodal.style.display = 'block'; subscribedmodal.classList.remove('hide'); subscribedmodal.classList.add('show'); document.getElementById('subscribe_' + categoryid).style.display = 'none'; document.getElementById('unsubscribe_' + categoryid).style.display = 'block'; var showDownloadReport = document.getElementById('download_report'); if (showDownloadReport) { showDownloadReport.style.display = 'block'; } } } catch (e) { console.error('Error parsing response:', e); } }, }); } function closeModal(template_id) { var modalId = template_id; var modal = document.querySelector('#' + modalId); // Using querySelector to find the modal if (modal) { modal.classList.add('hide'); modal.classList.remove('show'); setTimeout(function() { modal.style.display = 'none'; }, 500); } else { console.warn('Modal not found:', modalId); } } function closeunsubscribemodal() { var unsubscribemodal = document.querySelector('.unsubscribed-popup-modal .modal'); if (unsubscribemodal) { unsubscribemodal.classList.add('hide'); unsubscribemodal.classList.remove('show'); } setTimeout(function() { unsubscribemodal.style.display = 'none'; }, 500); } function closesubscribemodal() { var subscribedmodal = document.querySelector('.subscribed-popup-modal .modal'); setTimeout(function() { subscribedmodal.style.display = 'none'; }, 500); if (subscribedmodal) { subscribedmodal.classList.add('hide'); subscribedmodal.classList.remove('show'); } } function withoutLoginClicked(withoutlogin_id) { localStorage.setItem('subscribe_without_Login', 'true'); localStorage.setItem('subscribe_clicked_id', withoutlogin_id); } document.addEventListener('DOMContentLoaded', function() { var templateId = '6'; getAllSubscriberCategoryList([templateId]); jQuery.ajax({ url: 'https://coinpedia.org/wp-admin/admin-ajax.php', type: 'GET', data: { action: 'subscribe_api_ajax_request', apiurl: '/app/email_newsletter/list', }, success: function(response) { var resultonload = JSON.parse(response.message); var storeallcategory = resultonload.message; if (Array.isArray(storeallcategory)) { // Collect all `news_cp_category_row_id` values and remove duplicates var allCategoryIds = storeallcategory.map(function(item) { return String(item.news_cp_category_row_id); // Convert IDs to strings }); var uniqueCategoryIds = Array.from(new Set(allCategoryIds)); // Get unique IDs // Convert templateId to a string for comparison var templateIdStr = String(templateId); // Check if the templateId is NOT found in the unique category IDs if (!uniqueCategoryIds.includes(templateIdStr)) { var idNotMatchTounsubscribe = document.getElementById('unsubscribe_' + templateIdStr); var idNotMatchTosubscribe = document.getElementById('subscribe_' + templateIdStr); // Check if elements exist before applying display changes if (idNotMatchTounsubscribe) { idNotMatchTounsubscribe.style.display = "none"; } if (idNotMatchTosubscribe) { idNotMatchTosubscribe.style.display = "none"; } } } else { console.log("storeallcategory is not an array."); } }, error: function(xhr, status, error) { console.error("AJAX request failed:", status, error); } }); const subscribewithoutData = localStorage.getItem('subscribe_without_Login'); const subscribe_clicked_cat_id = localStorage.getItem('subscribe_clicked_id'); // Function to get cookies function getCookie(name) { let value = "; " + document.cookie; let parts = value.split("; " + name + "="); if (parts.length == 2) return parts.pop().split(";").shift(); } // Get user token from cookies const userToken = getCookie('user_token'); if (subscribewithoutData === 'true' && userToken) { // Call the modal function with the category ID subscribed_popupmodal(subscribe_clicked_cat_id); // Remove the flag and category ID from localStorage localStorage.removeItem('subscribe_without_Login'); localStorage.removeItem('subscribe_clicked_id'); } }); /************************** update susbcriber content **************************** */ function initializeSubscriptionButton() { var initialListItems = document.querySelectorAll('.subscription-options input[type="checkbox"]'); initialListItems.forEach(function(item) { console.log(item.checked, 'Initial Checkbox checked status'); }); var listItems = document.querySelectorAll('.subscription-options li'); if (listItems.length === 0) return; var anyActive = false; listItems.forEach(function(item) { var checkbox = item.querySelector('input[type="checkbox"]'); if (checkbox) { if (checkbox.checked) { item.classList.add('active'); anyActive = true; // Set anyActive to true } else { item.classList.remove('active'); // Remove 'active' class if checkbox is unchecked } } }); } function updateButtonText(anyActive) { var subscribeButtonSpan = document.querySelector('.subscribe-submit .changeBtnText'); if (subscribeButtonSpan) { if (anyActive) { subscribeButtonSpan.textContent = 'Subscribe Now'; } else { subscribeButtonSpan.textContent = 'Unsubscribe'; } } } function updateSubscriptionButton() { var listItems = document.querySelectorAll('.subscription-options li'); if (listItems.length === 0) return; var anyActive = false; listItems.forEach(function(item) { var checkbox = item.querySelector('input[type="checkbox"]'); if (checkbox) { if (checkbox.checked) { item.classList.add('active'); anyActive = true; // Set anyActive to true } else { item.classList.remove('active'); // Remove 'active' class if checkbox is unchecked } } }); // Update the button text based on whether any list item has the 'active' class updateButtonText(anyActive); } document.addEventListener('click', function(event) { var clickedItem = event.target.closest('.subscription-options li'); if (clickedItem) { var checkbox = clickedItem.querySelector('input[type="checkbox"]'); if (checkbox) { checkbox.checked = !checkbox.checked; updateSubscriptionButton(); } } });
XRP’s price has sharply retraced following the announcement of its RLUSD stablecoin launch. After going as high as $2.73, the coin plummeted by more than 18% merely 24 hours after Ripple’s stablecoin went live. On December 17, the highly anticipated stablecoin RLUSD was unveiled, sparking a significant rally in XRP’s price. At the start of the week, XRP was trading around $2.35. On Monday evening, after Ripple’s announcement of the RLUSD launch scheduled for the following day, XRP’s price skyrocketed to nearly $2.6. The cryptocurrency surged again, reaching a multi-week high of $2.73 on the launch day. Despite the strong bullish trend, XRP struggled to sustain its gains. As the broader market corrected, XRP’s price began to pull back, falling to $2.41 at the time of this publication, while the market-wide drop intensified. Fed rate cut causes market bloodbath The market-wide correction was partly driven by the Federal Reserve’s decision to cut interest rates by 25 basis points. This move, though widely expected, set off a wave of panic selling across the crypto space. The recent rate cut triggered a sharp decline across all major cryptocurrencies, and XRP was no exception, dropping to a seven-day low of $2.19. XRP Price post-Fed cuts and RLUSD launch. Source: CoinMarketCap XRP had gained over 130% in the past month, only to lose substantial ground following the market’s downturn. According to analysts, the real cause for concern was not just the rate cut itself but the realization that inflation could persist longer than anticipated, and the Fed may not be ready to ease its tightening measures. One market analyst said , “It wasn’t today’s 25 bps cut that made markets freak out, it was the realization that inflation might stick around longer.” The Fed isn’t unanimously in favor of these cuts. That one sentence sent the US dollar soaring to levels we haven’t seen since 2022. When the dollar climbs, risk assets like Bitcoin and crypto tend to slide—and that’s exactly what happened. RLUSD’s market activity hasn’t been “intense,” even though Ripple did predict supply shortages post-launch. As RLUSD goes live, there may be supply shortages in the very early days before the market stabilizes. There actually is someone willing to pay $1,200/RLUSD for a tiny fraction of one RLUSD. Tools will show you the highest price anyone is willing to pay, even if it's just for a… https://t.co/LOx4rGiiiJ — David "JoelKatz" Schwartz (@JoelKatz) December 15, 2024 According to CoinMarketCap data, the stablecoin’s trading volume in the last 24 hours is slightly above $600,000 at press time . Crypto market crash imminent? Bitcoin saw a significant drop in the past 24 hours, with its price falling by as much as 3% to a low of $102,000. The plunge in BTC prompted panic selling, triggering losses across other top cryptocurrencies. Ethereum, for example, extended its loss to two days, dipping below $3,800 and marking a 4.5% drop over the last 24 hours. Dogecoin (DOGE), Cardano (ADA), and Solana (SOL) each experienced declines of 6%, 5.7%, and 3.2%, respectively, over the last day. Overall, market sentiment has been marked by uncertainty, with some analysts suggesting that volatility could persist until the dust settles. The downturn has also led to massive liquidations in the crypto derivatives market. According to data from Coinglass, approximately $792 million worth of positions were liquidated in the past 24 hours, with long positions accounting for $661 million of that total. Leading the charge was BTC, which had $149 million in liquidations, followed by ETH and XRP, which had $126 million and $42 million, respectively. However, analysts such as Ali are cautioning investors to avoid panic selling. “Markets hate uncertainty, but they also thrive on it when the dust settles,” he noted, urging caution and suggesting that patience may be required for a potential recovery. Land a High-Paying Web3 Job in 90 Days: The Ultimate Roadmap