U.S.-listed spot Bitcoin ETFs are nearly on par with their gold counterparts, boasting an impressive $120 billion in assets under management (AUM),...
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. FXGuys presents a new investment opportunity with unique features and a 100x profit potential as top altcoins like SUI and Avalanche consolidate. Table of Contents New deal for SUI, but doubts about whether it’s still a good deal FXGuys: New crypto taking on top altcoins Avalanche moves to upgrade blockchain FXG: A promising alternative as top altcoins consolidate The top altcoins have entered consolidation zones across platforms, even Sui and Avalanche (AVAX), both of which only just closed down deals to further develop their blockchains. The SUI and AVAX coins have had great runs this year, but their traders are moving to FXGuys (FXG) , hoping to flip $100 to $10,000. The new crypto project has a trader funding program that benefits both investors and traders. Its potential to pump 100x in price and deliver a 150% presale ROI makes it a good crypto to buy. Interested investors can buy FXG tokens here. New deal for SUI, but doubts about whether it’s still a good deal Sui was one of the top performers in the crypto market in the past year, ranking third after Mantra and Pepe. The performance was down to the layer-1 chain’s focus on development and utilities, which has apparently paid off on the SUI price charts. The latest development is SUI’s partnership with the Chinese solar giant Ant Group. The Chinese Fortune 500 company has approached the Sui ecosystem to list its assets as tokenized digital products on the exchange. The real-world asset sector is one of the fastest-growing sectors in the crypto market, and Sui’s involvement will yield profits in the long run. However, the SUI token is fresh out of a surge, so its short-term potential is still in consolidation, as SUI has been trading around $4.78 for some days now. This is probably why investors believe FX Guys could be their best bet for 100x gains, as there’s a growing momentum around the project’s pull. FXGuys: New crypto taking on top altcoins The aim of any top or new crypto project is to remain relevant for as long as possible. With DeFi coins, they even have to work extra to stand out, as the features often overlap. Although still a new crypto project, the FX Guys project stands out and seeks to contend with the established top altcoins through proprietary trading. FXGuys’ PropFi feature is a first in the Defi sector, and traders are already anticipating the trader funding program where the best traders are provided with capital, and the profits are shared with investors. In the same vein, the FXGuys project will reward traders for their activities on the platform through the Trade2Earn feature. Traders will get complimentary FXG tokens for each completed trading session, and it doesn’t matter whether they lose or gain. Also, FXGuys’ FXG tokens are not only governance tokens. They serve as currency for purchasing items like trading perks on the ecosystem and paying gas fees on transactions. Trading perks include charts and other analytical tools that would help simplify the decision-making process while trading. So, as users receive their FXG tokens, they can decide to spend them, stake them, or stash them in anticipation of a surge. You might also like: Analysts identify catalysts for possible 2x on PEPE while investors double down on FXGuys Avalanche moves to upgrade blockchain The Avalanche project already sports an efficient blockchain, but there’s always room for improvement. That has led to Avalanche’s latest funding round , one that yielded $250 million. For context, that’s the second-largest funding round in the crypto market since 2022’s downturn. AVAX will be putting all those funds into expanding the blockchain to accommodate validators on a subscription basis. Instead of validators paying an upfront 2,000 AVAX, the subscription model will see them pay 1.33 AVAX every month. The Avalanche token is still consolidating, though, as its weekly charts show a net 4.7% loss. AVAX is worth $49.65 , with some improvement in the past day. While the uptrend is a good sign, FXGuys offers more with its PropFi feature, which has attracted over $3 million worth of investment in its FXG presale. Interested investors can buy FXG tokens here. FXG: A promising alternative as top altcoins consolidate Sui’s partnership with Ant Group and Avalanche’s blockchain upgrades promise that the top altcoins will be in consolidation phases. The new crypto project, FXGuys , is offering appealing features like the PropFi trading system and Trade2Earn incentives which is on track for a 100x surge that could flip $100 to $10,000. The FXG token’s presale is priced attractively at $0.04 in Stage 2, with a potential 150% ROI when the token launches on major exchanges at $0.10. To find out more about FXGuys, visit the presale , website , whitepaper , socials and audit. Read more: Investors eye PropFi boom: $500 on FXGuys, Shiba Inu holders chase $50K returns 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.
FXGuys presents a new investment opportunity with unique features and a 100x profit potential as top altcoins like SUI and Avalanche consolidate. #partnercontent
Bitfinex hacker, Ilya Lichtenstein, who pleaded guilty last year to the 2016 theft of 120,000 Bitcoin from the exchange, has made his first public statement since his arrest in 2022. In a five-minute video posted to X, Lichtenstein fully accepted responsibility for the hack, saying he had acted alone. The statement contradicted speculation, amplified in a Netflix documentary series, that his father might have been behind it. Bitfinex Hacker Breaks Silence Ilya Lichtenstein, the self-proclaimed Bitfinex hacker and mastermind behind the 2016 theft of 120,000 Bitcoin, spoke for the first time publicly since his arrest in 2022. In a Tuesday video, Lichtenstein once again emphasized that he was the sole culprit behind the crime. He also dismissed Netflix documentary suggestions that his father was involved or that he had ties to a Russian spy agency. I have something to say #FreeRazzlekhan pic.twitter.com/9HIvOxcbgr — Ilya Lichtenstein (@unrealdutch) December 19, 2024 Lichtenstein also said he was sorry and described what he would do after serving his time in prison. “After I get out of prison, I plan to work in the cybersecurity industry,” he said, emphasizing that he now truly understands cyber threats and is committed to combating them. His five-year sentence includes the time already served since his 2022 arrest while the case was pending. He stated: “My dad is no hacker, he doesn’t even know how to use Instagram. I offer my sincerest apologies to Bitfinex for all the stress that I have caused them. 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.” He addressed the restitution process of the funds stolen from the exchange. Bitfinex hacker added that over the past three years, he has worked to account for and return all plea-required assets. He also said that he will continue doing this. A hearing on restitution will be in February that will determine if the money got back to Bitfinex or directly to its users. Exchange hacks are nothing new. Recently, the Indian crypto exchange WazirX received a severe blow when the Delhi High Court ordered a fresh investigation into the matter . The court trashed the status report filed by the Delhi police regarding the WazirX hack case and asked for a fresh inquiry. Furthermore , only a few days ago, there were reports that Gate exchange suffered a hack attack , and that the users should withdraw their funds. “Razzlekhan” Morgan Admits Role in Laundering Stolen Bitcoin Bitfinex hacker’s wife, Heather Morgan, aka “Razzlekhan,” pleaded guilty as well. Charges were of money laundering conspiracy and conspiracy to defraud the United States. Prosecutors said Morgan learned about Bitfinex hack years later and that Lichtenstein asked her to help launder these Bitcoins. Morgan, who gained notoriety for her bizarre rap videos, last month got 18 months in prison over the scheme. Recently, she had been peddling her own videos on Cameo for $125 apiece. She could report to prison as early as next month. The Bitcoin, which had a value of $70 million in 2016, is now worth around $12 billion. The Netflix documentary on the case said that a large portion of the stolen money was still unaccounted for. However, Lichtenstein disagreed with the claim, stating that all money had been accounted for. The post Bitfinex Hacker Ilya Lichtenstein Breaks Silence Adressing 120,000 Bitcoin Heist appeared first on CoinGape .
Strengthened editorial integrity and global expansion pave the way for being the most credible crypto news source SINGAPORE, Dec. 19, 2024 /PRNewswire/ — Foresight Ventures is celebrating a year of remarkable success following its $70 million acquisition of The Block , a leading cryptocurrency media outlet. This investment underscores Foresight Ventures’ commitment to advancing credible, unbiased reporting in the rapidly evolving crypto industry. The acquisition was guided by three key principles: Recognizing the transformative role of media in shaping crypto narratives. Preserving The Block’s neutral and research-driven editorial independence. Aligning the platform’s mission with Foresight Ventures’ strategic vision for global blockchain innovation. A Year of Significant Achievements Over the past year, The Block has seen: 40% growth in pageviews, a 33% rise in unique users, and a 24% increase in monthly article output. Enhanced reputation through data dashboards, frequently cited by industry experts and even in U.S. government filings. The launch of advanced tools such as ETF tracking, price pages, and the Global Market Crypto Index (GMCI). New content formats, including two podcasts and a funding newsletter, broadening its offerings for diverse audiences. The successful inaugural Emergence Conference in Prague, with over 1,100 attendees, 564K social media impressions, and participation from Czech political leaders. Expanding Horizons Foresight Ventures has propelled The Block into new markets, particularly in Asia, where its presence now provides critical insights into regional trends and regulatory developments. Innovative tools and expanded content formats have positioned The Block as more than a news platform—it is now a hub for industry insights and analytics. A Blueprint for Portfolio Success Foresight Ventures views its approach to The Block as a model for supporting portfolio companies across various industries, from DeFi to consumer tech. “The lessons we’ve learned with The Block are universal—when you prioritize integrity, empower teams, and focus on strategic alignment, the results follow,” said Forest Bai, Co-founder of Foresight Ventures. Looking Ahead With the aim of becoming the “The Most Credible News Source in Crypto,” The Block plans to enhance its content, expand regional coverage, and host larger events like the Emergence Conference. “Our goal is not rapid expansion but thoughtful evolution,” Bai explained. “We are building a resource that embodies credibility, inclusivity, and innovation, bridging the crypto world across continents.” About Foresight Ventures Foresight Ventures is the first and only crypto VC bridging East and West. With a research-driven approach and offices in the US and Singapore, we are a powerhouse in crypto investment and incubation. Our premier media network includes The Block , Foresight News , BlockTempo , and Coinness . We aggressively invest in the most daring innovations. We are dedicated to partnering with visionary projects and top teams to help them succeed, reshaping the future of digital finance and beyond. For more information, visit: Website | Twitter | LinkedIn | Discord | Linktree
Europe’s leading cryptocurrency exchange, WhiteBIT , concludes the year with remarkable achievements. The latest estimates reveal the company’s capitalization has reached $38.9 billion, while the annual trading volume surged to $2.7 trillion — a 200% increase compared to the previous year. These figures encompass all exchange markets (spot and futures), showcasing the company’s rapid growth and the increasing trust of its users. For context, WhiteBIT’s trading volume surpassed major players like Kraken, whose annual trading volume stood at $628 billion. Remarkably, WhiteBIT’s trading volume exceeds the GDP of countries like Italy or Canada and approaches the GDP of France, valued at $3 trillion. According to WhiteBIT Founder and CEO Volodymyr Nosov, this milestone reflects the exchange’s innovative strategies and strategic focus: “Reaching $2.7 trillion is the result of our dedicated teamwork and the trust of our clients. We remain committed to developing cutting-edge technologies tailored to the needs of both retail and institutional traders.” Top 2 in Traffic In the fall of 2024, WhiteBIT secured its position as the second-most visited crypto exchange, with 33 million visits to the platform. This achievement places it just behind Binance and underscores the growing demand for WhiteBIT’s services. Key Drivers of Growth One of the primary contributors to WhiteBIT’s record trading volume has been the onboarding of institutional clients . The exchange introduced a market maker program tailored to the requirements of large-scale traders. With low fees and rebates as high as -0.01%, the program provided attractive conditions for high-frequency trading, drawing professional traders to the platform. Institutional loans also became a cornerstone for building trust within the professional community, enabling large-scale transactions. The platform’s advanced technical infrastructure played a significant role as well. Features like colocation to reduce latency, sub-accounts for strategy diversification, and a robust API established WhiteBIT as a reliable partner for institutional clients. The introduction of a new affiliate program also contributed significantly by engaging large communities of retail traders, driving user acquisition, and boosting trading activity, which ultimately supported WhiteBIT’s exceptional performance. Currently, the exchange serves over 1,300 institutional clients. Expanding Global Reach Today, over 30 million people worldwide use services and products from the WhiteBIT Group holding. These include the centralized exchange WhiteBIT, the crypto payment solution Whitepay, the decentralized exchange WhiteSwap, the NFT marketplace white.market, and the gaming platform Pocket Rocket. Additionally, WhiteBIT Group encompasses Whitechain, its proprietary blockchain, and WhiteBIT Coin (WBT), which has experienced an impressive 349.39% growth over the year. With 600+ trading pairs and more than 300 digital assets, WhiteBIT continues to strengthen its competitive edge in the global market. In a recent interview , CEO Volodymyr Nosov confirmed WhiteBIT’s plans to enter the US market. Commitment to Security WhiteBIT stands out as one of the most secure cryptocurrency exchanges globally. Ranked among top 5 in security by CER.live, it is the first crypto exchange to achieve the highest-level Cryptocurrency Security Standard (CCSS) certification. The platform also holds a Payment Card Industry Data Security Standard (PCI DSS) certification, safeguarding customer payment information, and has been recognized by Hacken for excellence in cybersecurity. WhiteBIT remains committed to continuous growth, solidifying its position in the international market, and expanding its impact on the global crypto ecosystem. The post WhiteBIT Sets a New Benchmark: Crypto Exchange Achieves $2.7 Trillion in Annual Trading Volume and $38.9 Billion in Capitalization appeared first on Finbold .
Popular meme cryptocurrency Shiba Inu eyes significant decrease in on-chain metrics as whales withdraw from trading SHIB
The post Cardano Price Prediction Today: ADA Bears Push for $0.64 After 14% Price Drop appeared first on Coinpedia Fintech News Cardano’s ADA is currently down by more than five percent and is trading below the crucial $1 mark. Down by more than 14 percent in the last seven days, ADA chart shows a minor correction but nothing major has changed. The main question remains whether the market is already in the fourth wave of a larger correction or if it’s still in an extended third wave. Key support levels will be critical in determining the next price movement. Key Support Levels to Watch The most critical level to monitor is the 64-cent mark. This is the main support level that needs to hold for a bullish scenario to remain intact. If ADA breaks and sustains below 64 cents, it would signal a more bearish outlook. However, for now, ADA remains above this level, which is positive for the bullish case. If ADA experiences a further decline, there is additional support around 76 cents. This level corresponds with the 38.2% Fibonacci retracement, which is a typical target for a fourth wave correction. As long as ADA holds above these support levels, there is still potential for upward movement. Smaller Time Frame Correction and Potential for Reversal On a smaller time frame, ADA has been moving within a corrective price channel since the high formed in early December. While there have been some rebounds, these have been in a three-wave structure, which doesn’t mean a strong confirmation of a trend reversal yet. This three-wave move suggests that the current rally may not be the start of a larger upward trend, but more of a short-term correction. The next key support levels on the smaller time frame are 93 cents and 83 cents. If ADA drops below 83 cents, it would confirm that the larger fourth wave correction is unfolding. Below that, further support can be found at 76 cents and 64 cents. Bullish Potential and Next Targets If the price holds above 64 cents and the corrective structure resolves, ADA could still experience an upward move. There is potential for the price to reach $1.42, $1.72, or even $2.36 in the next wave. However, this is contingent on the market holding key support levels and seeing a reversal in price action.
Trump Patriot could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Trump Patriot (TRUMPPAT), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days. This is because TRUMPPAT 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 Patriot 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 Patriot could become the next viral memecoin. Trump Patriot 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 Patriot 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 Patriot by entering its contract address – 9hmvtogFEjzZQMFfJ5Hiq7fQSq7E38mG3Qjb7X42qM6P – 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 TRUMPPAT. 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.
MARA Holdings has purchased 15,574 bitcoin worth $1.53 billion at approximately $98,529 per bitcoin using the proceeds from its zero-coupon convertible notes offerings. In November and December, the zero-coupon convertible notes generated $1.925 billion for MARA along with the repurchase of approximately $263 million in principal amount of its current convertible notes due in 2026.