The post Trump’s World Liberty Makes $250K ENA Investment appeared first on Coinpedia Fintech News World Liberty, the Trump family’s crypto project, made another move by spending 250,000 USDC to purchase 231,726 ENA through Cow Protocol early on December 19. This brings their total ENA holdings to 741,687. The project, monitored by Arkham, has been actively growing its crypto portfolio. Earlier, World Liberty Financial partnered with Ethena Labs to integrate sUSDe as a core collateral asset in its upcoming Aave instance. This partnership signals a strategic push to enhance the project’s financial ecosystem, positioning it for broader use in decentralized finance (DeFi).
The post MicroStrategy Shifts Bitcoin Funding to Fixed-Income Securities appeared first on Coinpedia Fintech News MicroStrategy co-founder Michael Saylor revealed plans to shift the company’s Bitcoin funding strategy toward fixed-income securities after its current fundraising program concludes. Speaking to Bloomberg, Saylor emphasized the importance of “intelligent leverage” for future cryptocurrency purchases. Until now, the firm has used a mix of new equity and convertible bond sales to fund its Bitcoin acquisitions, benefiting bondholders as MicroStrategy’s stock surged. This pivot signals a more structured approach to capital raising as the company continues its aggressive Bitcoin accumulation strategy, leveraging regulated exchanges like Coinbase for purchases.
The post Metaplanet’s ¥270M Profit Fueled by Bitcoin Strategies appeared first on Coinpedia Fintech News Tokyo-based investment firm Metaplanet is set to report its first operating profit in seven years, projecting ¥270 million ($1.8 million) for 2024, a sharp turnaround from last year’s ¥468 million ($3.1 million) loss. Sales are expected to surge to ¥890 million ($5.8 million). The firm credits its success to Bitcoin-focused strategies, including put options trading and treasury management, which boosted its Bitcoin holdings to 1,142 BTC, worth $119.4 million. Metaplanet is also launching Bitcoin Magazine Japan in 2025, further cementing its position in the growing Bitcoin ecosystem.
Santa Rides Shiba could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Santa Rides Shiba (SANTSHIB), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days. This is because SANTSHIB 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, Santa Rides Shiba 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 Santa Rides Shiba could become the next viral memecoin. Santa Rides Shiba 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 Santa Rides Shiba 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 Santa Rides Shiba by entering its contract address – CxpeR8vdgeVWZFwBytS7PRrXHBwVgPJWZBJUcpK3k7vT – 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 SANTSHIB. 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.
Bitcoin fell below $100,000 for the first time in weeks after Federal Reserve Chair Jerome Powell dismissed the idea of a national bitcoin reserve. The cryptocurrency market, which saw Bitcoin
The Ethereum market has recently seen a notable shift, with significant outflows from centralized exchanges sparking discussions about the near term trajectory of the cryptocurrency. Amid this, Ethereum has recorded a 2.4% decrease in the past 24 hours with a current trading price of $3,858, marking a 21.1% decrease away from its all-time high of $4,878 seen in 2021. Related Reading: Ethereum Whales Load Up: Bullish Sign Or Bear Trap? Ethereum Withdrawals from Binance Surpass 7.8 Million ETH Data from CryptoQuant reveals that approximately 20.8 million ETH have been withdrawn from centralized exchanges in the past two months, a trend reminiscent of the 2021 bull market. Binance has played a central role in this movement, accounting for over 7.8 million ETH, which represents 33-39% of the total outflows. These outflows could be indicative of investors accumulating ETH for long-term holding or staking purposes, as suggested by CryptoQuant analyst Crazzyblockk. The analyst added: These significant outflows from Binance indicate the platform’s continued influence on the cryptocurrency market, especially in balancing supply and demand for Ethereum. Notably, Binance’s influence is particularly evident given its global user base of 250 million and a record $21.6 billion in deposits this year, according to Crazzyblockk. The substantial outflows from Binance align with bullish market sentiment, as large-scale withdrawals often signal investor confidence. These movements suggest that Ethereum holders are moving their assets off exchanges. This reduction in the available supply of ETH on exchanges can create upward pressure on prices, should demand remains consistent or grows. Etheruem Market Performance And Outlook Ethereum has so far been struggling to make significant price move to the upside ever since the latest crypto market bull run began months ago. Despite Bitcoin seeing consistent gains recording new all-time highs nearly every month, Ethereum has lacked enough upward momentum to push its price past the $4,000 barrier. It is worth noting that this sluggish performance from Ethereum comes amid the positive developments ongoing in the crypto space including the recent news of Deutsche Bank, Germany’s largest lender reportedly working on its own layer-2 (L2) blockchain on Ethereum using ZKsync technology. JUST IN: Deutsche Bank building its own Layer-2 on Ethereum – Bloomberg pic.twitter.com/5O5K3R1fRg — Radar🚨 (@RadarHits) December 18, 2024 Regardless of such news, ETH has seen a slight increase of 2.3% in the past week, , a lower performance compared to that of Bitcoin’s 5% increase over the same period. Related Reading: Ethereum Spot ETFs Witness Unbroken 16-Day Inflow Streak: New ETH ATH Soon? According to analysts, Ethereum could still likely see further correction in its price as bearish signals recently formed on its chart suggesting a potential drop to 3,400. $ETH has formed a bearish double top, with RSI showing bearish divergence and a MACD crossover confirming the trend. A short-term correction could bring it to $3,400, with major support at $3,200 and $3,000. #Ethereum #CryptoTrading #eth pic.twitter.com/iWaPh1vwrr — crypto vulture Trader 🦅 (@crypto_vulture1) December 18, 2024 Featured image created with DALL-E, Chart from TradingView
A top Russian official has declared plans for a BRICS payment system “not hypothetical,” signaling a shift toward reducing reliance on the dollar through alternative financial mechanisms. A New Era? Russia Claims Feasibility of BRICS Payment Network Russian Deputy Foreign Minister Sergey Ryabkov has affirmed that plans to establish a BRICS payment system are tangible
The cryptocurrency landscape is evolving at lightning speed, with institutional players increasingly recognizing blockchain technology’s potential to transform industries. Among the projects gaining traction, TON (The Open Network) stands out for its significant institutional adoption, setting a benchmark for others to follow. Now, Lightchain AI ($LCAI) is emerging as a game-changer, combining blockchain and artificial intelligence to drive innovation. As $LCAI continues to make waves, the spotlight is on its Lightchain AI Presale , offering early access to this transformative project. This article dives into the factors behind TON’s institutional success, explores what makes Lightchain AI unique, and assesses whether $LCAI can carve a similar path in the institutional space. Understanding TON’s Institutional Appeal TON has emerged as a blockchain platform designed for scalability, speed, and ease of use. Its appeal to institutions lies in its ability to address the limitations of traditional blockchains, such as slow transaction speeds and high costs. TON’s recent partnerships with leading financial institutions and enterprises highlight its potential to reshape the blockchain landscape. Key Factors Behind TON’s Adoption: Scalability: TON’s architecture supports millions of transactions per second (TPS), making it ideal for large-scale applications. Interoperability: The platform’s ability to integrate with existing systems allows institutions to adopt blockchain technology without overhauling their infrastructure. Developer Ecosystem: TON’s developer-friendly tools and APIs enable quick deployment of decentralized applications (dApps), attracting both startups and established enterprises. Strategic Partnerships: Collaborations with major players in finance and technology have bolstered TON’s credibility and accelerated its adoption. Regulatory Compliance: TON’s focus on transparency and adherence to regulatory standards makes it attractive to risk-averse institutions. Lightchain AI: A Unique Proposition While TON has excelled in creating a blockchain tailored for institutional use, Lightchain AI offers something fundamentally different: the integration of blockchain and artificial intelligence (AI) to solve real-world problems. $LCAI aims to transform industries by enabling decentralized, AI-driven solutions that combine the transparency of blockchain with the computational power of AI. Key Features of Lightchain AI: Proof of Intelligence (PoI): Lightchain AI’s revolutionary consensus mechanism rewards nodes for performing valuable AI computations, such as model training and optimization. This approach ensures that network security contributes directly to AI advancements. Artificial Intelligence Virtual Machine (AIVM): The AIVM enables developers to execute AI-specific tasks on the blockchain, such as predictive analytics and real-time decision-making. This unique feature sets $LCAI apart from traditional blockchains. Real-World Applications: From healthcare to supply chain management, Lightchain AI’s technology addresses critical inefficiencies, providing scalable and sustainable solutions. Decentralized Governance: $LCAI token holders participate in shaping the project’s future, fostering transparency and community-driven innovation. Eco-Friendly Design: By prioritizing meaningful computations, PoI reduces energy consumption compared to traditional Proof of Work (PoW) systems. Comparing TON and Lightchain AI Although TON and Lightchain AI serve different purposes, their trajectories share common themes, including technological innovation, scalability, and a focus on solving real-world challenges. Here’s a closer look at how these two projects stack up: Scalability: TON: Optimized for high-speed transactions, TON’s infrastructure can support large-scale enterprise applications. Lightchain AI: While TON excels in transaction speed, Lightchain AI’s scalability is tailored for AI workloads, making it a frontrunner in decentralized AI. Utility: TON: Primarily focuses on decentralized finance (DeFi), payments, and general-purpose dApps. Lightchain AI: Goes beyond traditional blockchain applications by integrating AI, enabling industries to leverage predictive analytics, machine learning, and more. Institutional Appeal: TON: Attracts institutions through its interoperability and compliance features. Lightchain AI: Targets industries that require advanced AI solutions, such as healthcare, logistics, and finance, positioning itself as a leader in decentralized intelligence. Partnerships: TON: Collaborates with major financial institutions and tech giants to drive adoption. Lightchain AI: Establishes strategic alliances with industry leaders like IBM and Intel, enhancing its credibility and technological prowess. Can Lightchain AI Follow TON’s Path? The potential for Lightchain AI to replicate TON’s success in institutional adoption hinges on several factors: 1. Technological Innovation: Lightchain AI’s PoI and AIVM represent groundbreaking advancements that address inefficiencies in both blockchain and AI. Institutions seeking to integrate AI into their operations are likely to find $LCAI’s technology compelling. 2. Industry Applications: While TON’s appeal lies in its versatility, Lightchain AI’s focus on solving specific industry problems gives it a unique edge. For example: Healthcare: AI-driven diagnostics and predictive modeling. Supply Chain: Enhanced transparency and predictive analytics. Finance: Smarter risk assessment and fraud detection. 3. Early-Stage Investment Opportunity: At its presale price of $0.003, $LCAI offers a rare entry point for investors. As the project achieves its roadmap milestones, demand for $LCAI tokens is expected to rise, mirroring the growth trajectory seen with TON. 4. Strategic Partnerships: Lightchain AI’s alliances with established players like IBM and Intel position it well to attract institutional interest. These partnerships provide access to cutting-edge technology and expertise, enhancing $LCAI’s appeal. 5. Regulatory Alignment: As institutions prioritize compliance, Lightchain AI’s transparent governance model and focus on sustainability align with their requirements. Challenges and Opportunities While Lightchain AI has significant potential, it must address certain challenges to achieve widespread institutional adoption: Challenges: Market Awareness: Educating institutions about the benefits of blockchain-AI integration will be crucial for adoption. Competition: The emergence of other blockchain projects with similar features necessitates continuous innovation. Regulatory Hurdles: Navigating complex global regulations will require strategic planning and adaptability. Opportunities: Growing Demand for AI: With AI becoming a cornerstone of technological progress, Lightchain AI is well-positioned to capitalize on this trend. Institutional Focus on Sustainability: $LCAI’s eco-friendly design addresses growing concerns about blockchain’s environmental impact. Expanding Ecosystem: As Lightchain AI’s ecosystem grows, its utility and value proposition will become increasingly evident to institutions. Final Thoughts: Lightchain AI’s Path Forward While TON has set a high bar for institutional adoption, Lightchain AI’s unique integration of blockchain and AI positions it as a strong contender to follow a similar path. By addressing specific industry needs, fostering strategic partnerships, and leveraging its innovative technologies, $LCAI has the potential to attract institutional interest and establish itself as a leader in decentralized intelligence. As the cryptocurrency market continues to mature, projects like Lightchain AI that combine technological innovation with real-world applications will be at the forefront of the next wave of adoption. For investors and institutions alike, Lightchain AI represents an exciting opportunity to be part of a transformative journey. Useful Links: Lightchain AI Website Lightchain AI Whitepaper Join Lightchain AI Telegram Follow Lightchain AI on Twitter/X
Ethereum price started a sharp decline below the $3,880 zone. ETH is down over 5% and is showing bearish signs below the $3,680 level. Ethereum started a fresh decline below the $3,800 zone. The price is trading below $3,680 and the 100-hourly Simple Moving Average. There is a new connecting bearish trend line forming with resistance at $3,800 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it fails to stay above the $3,550 support zone. Ethereum Price Dives Below $3,800 Ethereum price struggled to stay above the $3,880 level and started a fresh decline like Bitcoin . ETH gained bearish momentum below the $3,800 level and dived below $3,680. It even dived below $3,600 and spiked below the $3,550 level. A low was formed at $3,543 and the price is now consolidating losses . There is also a new connecting bearish trend line forming with resistance at $3,800 on the hourly chart of ETH/USD. Ethereum price is now trading below $3,620 and the 100-hourly Simple Moving Average. On the upside, the price seems to be facing hurdles near the $3,670 level. It is close to the 23.6% Fib retracement level of the downward move from the $4,105 swing high to the $3,537 low. The first major resistance is near the $3,800 level or the 50% Fib retracement level of the downward move from the $4,107 swing high to the $3,837 low. The main resistance is now forming near $3,880. A clear move above the $3,880 resistance might send the price toward the $4,000 resistance. An upside break above the $4,000 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,150 resistance zone or even $4,220. More Losses In ETH? If Ethereum fails to clear the $3,680 resistance, it could continue to move down. Initial support on the downside is near the $3,550 level. The first major support sits near the $3,500 zone. A clear move below the $3,500 support might push the price toward the $3,450 support. Any more losses might send the price toward the $3,350 support level in the near term. The next key support sits at $3,220. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,550 Major Resistance Level – $3,680
The meme coin market continues to electrify crypto investors with its mix of humour, innovation, and high-growth potential. Recent developments, like Shiba Inu’s forthcoming liquid staking upgrade and Dogecoin’s bullish technical indicators, highlight the evolving opportunities in this space. At the centre of this buzz is BTFD Coin , a standout newcomer with a booming presale that has captured the attention of meme coin enthusiasts worldwide. As we dive into these three projects, you’ll see why they rank among the best meme coins to invest in this month . From BTFD Coin’s presale milestones to Shiba Inu’s ecosystem expansion and Dogecoin’s market activity, there’s a lot to unpack. BTFD Coin: Where Bulls Run Strong Have you been waiting for the right meme coin to join? BTFD Coin, the latest sensation, might just be the perfect opportunity. With over $4.1 million raised in its presale, this coin has proven it’s not just a fleeting trend but a potential game-changer in the crypto world. Currently in Stage 12 of its presale at $0.00013 per coin, BTFD has caught the attention of over 5,900 investors—or as they like to call themselves, “bulls”. But why the hype? For starters, BTFD isn’t just about fun memes—it’s about financial opportunity. Consider this: a $5,000 investment at the current presale price would yield nearly $23,077 when the coin hits its post-presale listing price of $0.0006. That’s the kind of ROI that investors dream of. BTFD goes beyond the typical meme coin playbook by offering a 90% APY staking reward. Imagine letting your investment grow passively while enjoying community perks and market buzz. Add to that the P2E gaming feature, where the beta version is already live, and you’ve got a coin that’s merging entertainment with tangible rewards. The power of BTFD lies in its strong community of bulls, who aren’t just investors but advocates of the coin. The project’s tagline—“Own the Dip”—resonates with crypto enthusiasts looking for a coin that understands market dynamics and offers long-term growth potential. Shiba Inu: Expanding Ecosystem with Liquid Staking Shiba Inu, one of the most recognised names in the meme coin space, continues to evolve beyond its humble beginnings. Currently trading at $0.00002564, SHIB’s price may be down 5.23% in the past 24 hours, but its trading volume has jumped 13.79%, reflecting active investor interest. The Shiba Inu team is gearing up for a major upgrade with the introduction of liquid staking on ShibaSwap. This feature will allow users to stake their SHIB tokens while maintaining liquidity. In simpler terms, you can earn staking rewards without locking up your tokens. Liquid tokens representing staked assets can be traded or used as collateral on other DeFi platforms, enhancing utility and flexibility for investors. The Shiba Inu ecosystem continues to expand with projects like the Shibarium blockchain and ongoing token burns. These efforts aren’t just about reducing supply but creating a robust ecosystem where SHIB becomes a go-to token for DeFi solutions. The introduction of liquid staking is another step in that direction, offering both active traders and long-term holders more value. Dogecoin: Signs of a Bullish Breakout As the original meme coin, Dogecoin has consistently held its ground in the crypto market. Currently trading at $0.3841, DOGE’s price is down 3.99% over the past 24 hours, but its one-month performance shows a modest 2.46% increase. Beneath this surface-level stability, however, technical indicators suggest a much bigger story. Dogecoin is in what analysts call an “accumulation phase,” where market activity hints at a potential breakout. The 200 EMA, a key technical indicator, signals that DOGE could soon enter a bullish phase. Combined with increased transactions and the movement of previously dormant tokens, these factors suggest that DOGE may be gearing up for a significant upward move. Despite being a meme coin, Dogecoin has proven its resilience and versatility over the years. From its integration into Tesla’s merchandise store to its widespread acceptance as a payment method, DOGE continues to hold a unique position in the market. With bullish signals and growing speculation, it’s no wonder investors are keeping a close eye on Dogecoin as one of the best meme coins to invest in this month. The Final Thoughts Based on our research and market trends, the meme coin market is as vibrant as ever, with new opportunities emerging for savvy investors. BTFD Coin leads the charge with its record-breaking presale and innovative features, making it a must-watch for anyone looking to join the crypto bull run. Meanwhile, Shiba Inu is solidifying its ecosystem with game-changing upgrades like liquid staking, and Dogecoin is showing signs of a bullish breakout that could take it to new heights. If you’re looking to ride the wave of the best meme coins to invest in this month, these three projects offer unique opportunities for growth. Don’t miss your chance to be part of the action— join the BTFD Coin presale now and secure your spot in what could be the next big meme coin success story. Find Out More: Website: https://www.btfd.io/ X/Twitter: https://x.com/BTFD_COIN Telegram: https://t.me/btfd_coin The post BTFD Coin Shines in Best Meme Coins to Invest in This Month as SHIB Prepares Liquid Staking and DOGE Targets a Bull Run appeared first on TheCoinrise.com .