Upcoming US economic events, like the December jobs report and Fed minutes, are set to influence crypto market trends. Key sentiment shifts ahead.
US prosecutors overseeing the criminal case against Do Kwon, co-founder of Terraform Labs, estimate that over one million individuals could have been affected by the ecosystem’s collapse. Acting US Attorney Daniel Gitner claimed the government would establish a website to help inform victims of their rights, calling other notification methods “impracticable.” The US government prefers to use a website to communicate with victims of the Terra case The US government approximates the number of victims affected by the Terra ecosystem collapse to be over 1 million. Acting US Attorney Daniel Gitner submitted a motion to the US District Court for the Southern District of New York on January 6 describing the procedures for notifying potential victims of Do Kwon’s public proceedings. The US attorney claimed the government would set up a website to inform victims of their rights, tagging other traditional methods “impracticable” due to the decentralized nature of cryptocurrency transactions, which often lack personal identifying information. Terra collapsed in May 2022, and Do Kwon is charged with nine fraud felonies In May 2022, Terra, once the third largest cryptocurrency after Bitcoin and Ether, crumbled, losing its $50 billion valuation in just 72 hours. When founder Do Kwon launched Terra, he claimed he wanted to build an ecosystem better than Bitcoin and Ethereum. He added that he needed a stablecoin to compete directly with fiat currencies. Sadly, his entire project lacked transparency. According to the US Department of Justice, Kwon misled investors by falsely claiming the company’s blockchain products and manipulated their markets to create the illusion of a functioning and decentralized financial system. Earlier this year, Kwon was extradited from Montenegro to the United States, where he now faces nine felony fraud charges. On January 2, he appeared before a US judge for the first time and pleaded not guilty. However, authorities have yet to clarify if they will pursue a plea agreement with the Terraform co-founder or whether they will proceed to a full criminal trial. Due to his fraud involvement, Kwon already had to pay a $4.5 billion settlement to the U.S. Securities and Exchange Commission in April 2024. From Zero to Web3 Pro: Your 90-Day Career Launch Plan
Increasing IBIT options limits could enhance market liquidity and risk management, attracting more institutional investors to Bitcoin markets. The post Nasdaq ISE seeks SEC approval to increase IBIT options trading limits from 25,000 to 250,000 appeared first on Crypto Briefing .
XRP price is consolidating gains above the $2.350 support zone. The price is showing positive signs and might aim for a fresh increase above $2.4650. XRP price is struggling to gain pace for a move above the $2.50 zone. The price is now trading below $2.435 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming with support at $2.385 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a fresh increase if it stays above the $2.320 support. XRP Price Holds Support XRP price remained above the $2.320 level but failed to start a fresh increase like Bitcoin and Ethereum . The price struggled to clear the $2.50 resistance and remained below $2.45. The last swing low was formed at $2.32 and the price is now consolidating. There was a move above the $2.40 level. The price cleared the 50% Fib retracement level of the recent decline from the $2.507 swing high to the $2.32 low. The price is now trading below $2.435 and the 100-hourly Simple Moving Average. There is also a short-term rising channel forming with support at $2.385 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.465 level or the 76.4% short-term rising channel forming with support at $2.385 on the hourly chart of the XRP/USD pair. The first major resistance is near the $2.50 level. The next resistance is $2.55. A clear move above the $2.55 resistance might send the price toward the $2.650 resistance. Any more gains might send the price toward the $2.720 resistance or even $2.750 in the near term. The next major hurdle for the bulls might be $2.880. Another Decline? If XRP fails to clear the $2.435 resistance zone, it could start another decline. Initial support on the downside is near the $2.380 level. The next major support is near the $2.320 level. If there is a downside break and a close below the $2.320 level, the price might continue to decline toward the $2.20 support. The next major support sits near the $2.120 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.380 and $2.320. Major Resistance Levels – $2.4650 and $2.500.
The crypto world is no stranger to massive returns, but what if I told you there’s a meme coin offering a jaw-dropping 90% APY on staking? Yep, you read that right. Enter BTFD Coin (BTFD) , a cheeky new player that’s not only crushing it with staking rewards but also raising eyebrows with its skyrocketing presale performance. The coin hit over $2.5 million in the first two weeks of its presale launch and hasn’t slowed down since, surpassing $5 million and counting. But it’s not just about numbers. BTFD has unique features that go beyond the usual meme coin hype. With plans to incorporate decentralised tools, community-led governance, and long-term utility, BTFD isn’t just a flash in the pan. It’s aiming to carve out a solid niche in the market. Oh, and did we mention over 62 billion coins have already been snapped up by 7,700 holders? The popularity of meme coins like Dogecoin and Shiba Inu has rewritten the rules of crypto. They’ve proven that community-driven projects can skyrocket with the right mix of humour and heart. BTFD Coin , however, is upping the ante. It’s combining meme culture with tangible benefits, making it one of the best new meme coins to invest in this week . Let’s dive into how it compares to Simon’s Cat and Apu Apustaja. BTFD Coin (BTFD): Offering 90% APY on Staking BTFD is the new kid on the block, but it’s playing like a seasoned pro. Starting its presale at a humble $0.000004 per coin, it has already reached $0.0000142 in Stage 13. With 16 stages total and a listing price of $0.0006, early investors stand to gain massive returns. Imagine investing $35,000 at the current price. That would snag you 246.48 million BTFD coins . When the price hits $0.0006, you’re looking at a whopping $147,888 . That’s the kind of win most crypto enthusiasts dream about. BTFD Coin is making waves with its impressive 90% APY staking rewards , offering investors a lucrative way to grow their holdings passively. Unlike traditional meme coins, BTFD combines community-driven hype with real financial incentives, making it a standout in the crypto market. Staking BTFD is simple and rewarding, allowing users to lock their coins and earn substantial returns while supporting the coin’s ecosystem. Whether you’re a seasoned investor or new to crypto, this high APY rate ensures your money works harder for you. With BTFD’s growing popularity and presale momentum, the 90% staking reward is the cherry on top for investors. The buzz around BTFD isn’t just about the numbers, though. Its presale has become a talking point across Gen Z and Millennial communities in Australasia and beyond. People love a good underdog story, and BTFD is delivering just that with its 16-stage structure and ambitious roadmap. And the 90% APY on staking? It’s like the cherry on top of an already irresistible crypto sundae. Simon’s Cat (CAT): A Meow-tastic Memecoin Adventure Simon’s Cat entered the meme coin space with a purr and a promise. Inspired by the viral cartoon series, CAT has quickly become a favourite for animal lovers and crypto enthusiasts alike. The coin’s value surged last week, thanks to clever marketing campaigns and an impending airdrop. But it’s not all sunshine and catnip. While CAT’s price action has been impressive, critics argue that it lacks a clear use case. Most of its hype relies on the charm of its branding and its ability to generate social media buzz. Sure, it’s a fun investment, but is it sustainable? The good news is CAT isn’t resting on its laurels. The developers are actively exploring partnerships and community-driven initiatives. If you’re looking for a coin with personality and potential, Simon’s Cat might just be your pick. Still, if you’re after a more solid return, BTFD’s structured presale offers a clearer path to gains. Apu Apustaja (APU): From Meme to Market Let’s talk about Apu Apustaja, a meme coin inspired by the iconic internet character. This one’s for the die-hard meme lovers who thrive on nostalgia. APU launched with a bang, offering playful branding and a strong focus on community engagement. Its initial decentralised exchange (DEX) debut saw a gain, making waves in a crowded market. But APU isn’t just about its debut. The project aims to integrate Play2Earn gaming and NFT marketplaces into its ecosystem, giving it a potential edge over meme coins that rely solely on hype. That said, APU has its challenges. It’s competing with heavyweights like BTFD, which has already proven its worth through a meticulously planned presale. APU may have the memes, but BTFD’s blend of staking rewards and financial potential make it a standout choice for investors. How to Buy BTFD Coin Thinking of jumping on the BTFD bandwagon? Here’s how you can get in: Go to the presale page at BTFD.io . Connect your wallet (MetaMask or Trust Wallet works best). Enter the amount of $BTFD you’d like to buy. Click “Buy Now” and confirm the transaction in your wallet. It’s quick, easy, and could be one of the smartest moves you make this year. Conclusion: Why BTFD Coin Deserves Your Attention Based on our research and market trends, BTFD Coin is shaping up to be a game-changer in the meme coin world. With its stellar presale performance, incredible staking rewards, and long-term growth potential, BTFD offers a unique opportunity to join a community that’s not just about memes but meaningful returns. If you’ve been searching for the best new meme coins to invest in this week , BTFD should be at the top of your list. Don’t miss out—join the presale now and start earning that juicy 90% APY. Find Out More: Website: https://www.btfd.io/ X/Twitter: https://x.com/BTFD_COIN Telegram: https://t.me/btfd_coin The post Best New Meme Coins to Invest in This Week: BTFD Shines with 90% APY as CAT and APU Boast Price Surge in the Last 24 Hours appeared first on TheCoinrise.com .
Today, crypto prices turned bullish as Bitcoin reached the $100K mark after two weeks. Major altcoins also rose, with XDC Network gaining 8% in the last 24 hours, and Bittorrent (BTT) surging 7%. The global crypto market increased by approximately 2%, reaching $3.59 trillion. Trading volume spiked by 45%, now standing at $133 billion. The Fear and Greed Index shows 66, indicating greed in the market. Let’s look at the top cryptocurrencies and their prices on January 7. Crypto Prices Today: BTC, ETH, XRP, and SOL Show Steady Gains BTC, ETH, XRP, and SOL have all gained between 1% to 2% in the past 24 hours. Meanwhile, a Canadian crypto forum moderator claimed he was forced into hiding following an alleged kidnapping and torture attempt. The attackers reportedly believed he held a large Bitcoin stash. Bitcoin Price Today Bitcoin price today was trading at $101,173, marking a 3% increase in the last 24 hours. BTC’s 24-hour low was $98,682, while its high touched $102,680. Bitcoin’s market cap reached $2 trillion, and its trading volume surged to $50.6 billion. As per Farside Investors data , BTC ETFs witnessed an inflow of $769 million. Fidelity led the buying spree with $370 million, followed by Ark & 21Shares purchasing $152 million, and Grayscale investing $148 million. BlackRock’s data is still awaited. Ethereum Price Today Ethereum price today was trading at $3,685, registering a 1% increase in the last 24 hours. Its 24-hour low and high stood at $3,621 and $3,742, respectively. ETH ETFs recorded an inflow of $4.6 million, with Fidelity accounting for the entire purchase. XRP Price Today Crypto prices today show XRP trading at $2.40, slightly higher than yesterday. Its 24-hour range was between $2.375 and $2.454. Also, Ripple CEO Brad Garlinghouse said the $11 billion valuation seems outdated due to rising XRP demand and prices. Solana Price Today Solana price today was trading at $216, showing a 1% increase in the last 24 hours. Its 24-hour low and high were $213 and $222, respectively. The market cap reached $104 billion, with a trading volume of $3.28 billion. Top Crypto Gainer Prices Today XDC Network XDC price today was trading at $0.102, marking an 8% increase in the last 24 hours. Its 24-hour low and high were $0.0957 and $0.1051, respectively. The market cap reached $1.5 billion, with a trading volume of $69 million. BitTorrent BTT price was the second-top gainer today, rising 7% in the last 24 hours. It was trading at $0.00000125. The market cap reached $1.27 billion, with a trading volume of $117 million. Worldcoin WLD price was up by 6%, trading at $2.588. Its 24-hour low and high were $2.414 and $2.792, respectively. The market cap reached $2.24 billion, with a trading volume of $719 million. Top Crypto Loser Prices Today Fartcoin Fartcoin price today was the worst performer, dropping 15% to trade at $1.139. Its 24-hour low and high were $1.133 and $1.39, respectively. The market cap stands at $1.14 billion, with a trading volume of $122 million. According to CoinGape analysts, Fartcoin could reach $2 soon, as crypto prices today suggest a potential rebound. Ethena ENA price today was down by approximately 8%, trading at $1.154. Its 24-hour low and high were $1.142 and $1.25, respectively. The market cap reached $3.51 billion, with a trading volume of $474 million. Fantom FTM price was down by 7%, trading at $0.77 today. Its 24-hour low and high were $0.766 and $0.8283, respectively. Besides this, the hourly chart for Bitcoin and major altcoins showed a decline of less than 1%, with Fartcoin down by 3% in the last hour. However, Movement (MOVE) was up by approximately 2% in the last hour. Crypto prices today are showing mixed movement across the market. The post Crypto Prices Today Jan 7: Bitcoin Bulls Return as BTC Hits $100K, Altcoins Shine appeared first on CoinGape .
A chilling incident in Canada underscores the rising threat of violence associated with cryptocurrency ownership, as a man goes into hiding to evade kidnappers. The victim, a cryptocurrency forum moderator,
Jeju Island, South Korea’s special self-governing province, plans to introduce NFT-based digital resident tourism cards in the second half of this year. Jeju Authorities Target Millennial and Gen Z Visitors South Korea’s special self-governing province, Jeju Island, has announced plans to issue a non-fungible token (NFT)-based digital resident tourism cards in the second half of
An unnamed Canadian man says he’s been forced to move from one Airbnb to another to evade his suspected kidnappers.
Virtual Protocol’s price surge highlights growing interest in decentralized gaming, as ReadyGamer promises to merge AI, blockchain, and autonomous worlds into the gaming landscape. Having experienced a major pump in the last few days, Virtual Protocol ( VIRTUAL ) continues to garner attention, reflecting increased investor confidence in the token and its ecosystem. The introduction of ReadyGamer, a joint venture with Sovrun that intends to incorporate AI, blockchain, and autonomous worlds into Web3 gaming , further underscores the growing market interest in VIRTUAL. Introducing ReadyGamer A joint venture between @Virtuals_io & @SovrunOfficial Redefining Gaming with AI-powered Experiences, powered by GAME framework. Coming Soon. SOVRN/VIRTUAL: https://t.co/d0qxVwmIby pic.twitter.com/2HjOdQ0lln — ReadyGamer (@ReadyGamer_AI) January 6, 2025 You might also like: VIRTUAL price surged in 2024, but faces potential risks in 2025 VIRTUAL has increased by 5.55% over the last day, and it is now trading at $3.88. Its 24-hour trading volume has reached $408.28 million, and its market capitalization has increased to almost $3.88 billion. This upward trend predates the ReadyGamer announcement, driven by rising expectations of Virtual Protocol’s ability to transform digital interactions and gaming ecosystems. VIRTUAL 1D chart | Source: Coinmarketcap The ReadyGamer project seeks to provide a cutting-edge gaming platform by leveraging Virtual Protocol’s GAME architecture. The initiative combines dynamic AI systems, blockchain-secured transactions, and autonomous virtual environments to empower gamers with greater control and participation. Sovrun, with its expertise in decentralized systems, complements Virtual Protocol’s technology, positioning the two companies to tap into the growing demand for player-driven and immersive ecosystems. Sovrun, formerly BreederDAO, brings deep expertise in blockchain gaming and on-chain ecosystems. The company specializes in fostering virtual economies and enabling players and creators to build autonomous worlds. Its collaboration with Virtual Protocol strengthens the foundation for innovation in decentralized gaming. While VIRTUA L ‘s price spike has captured attention, industry experts suggest ReadyGamer’s long-term potential could overshadow the current market momentum which is yet to be seen. You might also like: VIRTUAL hits new all-time high amid 26% surge