Bitcoin’s struggle to surpass the $100,000 mark raises concerns, with some analysts predicting potential declines below $90,000 in the near future. Despite a recent resurgence in U.S. Bitcoin ETF investments,
Th final regulation treats DeFi front-ends as brokers, demanding the disclosure of gross proceeds from sales of digital assets.
Hyperliquid was expected to dominate the futures market in 2025 but allegations about criminal activity have made investors lose confidence. Pepe’s market volume has also reached a record high this week but the memecoin’s price action has remained underwhelming. Meanwhile, Rollblock is ready to capture a large share of the $500 billion global gambling market with its blockchain-powered DeFi casino. Rollblock (RBLK): The Disruptive GameFi Ecosystem Positioned for 100x Growth in 2025 Rollblock’s GameFi project boasts a revolutionary approach that combines the fun of centralized gaming with the gains of decentralized finance. More than 35,000 daily active users have already signed up on Rollblock, highlighting the strong investor confidence in this new project. Rollblock has already raised more than $7.74 million in presale, with analysts expecting the platform to earn a huge chunk of the $500 billion global gambling market in 2025. Rollblock’s ecosystem is powered by the native $RBLK token that combines play-to-earn benefits with the utility of DeFi altcoins. Rollblock players earn $RBLK as in-game rewards with the platform’s 7,000+ AI-powered games. These tokens can be used to access exclusive games on Rollblock’s GameFi ecosystem, boosting the token’s demand on the open market. Alternatively, traders can also add $RBLK to their staking pools to earn a passive income. Staking $RBLK gives traders daily rewards, allowing them to grow their income over time. Rollblock also shares up to 30% of its weekly revenue with long-term investors, giving them an even bigger piece of the pie. This revenue-sharing mechanism begins with Rollblock using up to 30% of its revenue to purchase $RBLK on the open market. Up to 40% of the repurchased tokens are distributed as staking rewards while the remaining 60% are removed from Rollblock’s circulating supply forever. The buyback mechanism injects a new wave of demand for $RBLK on the open market while the token burn keeps supply scarce, making $RBLK’s price highly deflationary over time. Hyperliquid (HYPE) Loses Investor Confidence After Massive Security Concern Hyperliquid was experiencing an explosive trend on the open market, recording nearly 690% gains in less than a month of its launch. However, Hyperliquid is now in troubled waters as experts predict Hyperliquid has been hacked by the North Korean Lazarus Group. This issue was uncovered on Twitter when a leading analyst claimed that Hyperliquid was being used by hackers associated with DPRK for criminal activities. A few hours later, Hyperliquidrecorded net withdrawals worth $256 million. Hyperliquid has tried to mitigate the situation by issuing an official statement about no DPRK exploits or loss of user funds, but the damage has already been done. Hyperliquid’s trading price is down to $25.42 after another intraday decrease of 8.07%, with investors constantly pulling their money out. Hyperliquid is unlikely to outlive these allegations, putting HYPE in a difficult position in 2025. Pepe (PEPE) Falls into Red Zone Again Despite High Network Activity Pepe was expected to witness a rebound before the end of 2024 but all signs are pointing towards a steeper decline. Pepe witnessed intense market activity on December 25, with more than 1.14 trillion PEPE traded. Analysts interpreted this network activity as a bullish signal as investors showed a renewed interest in the meme coin. However, bearish clouds have formed over Pepe once again as it tests a critical support level at $0.00001732. Pepe is currently trading for $0.00001756 after an intraday decrease of 5.07%. Pepe’s MACD Level is also suggesting a strong downward trend, with analysts expecting Pepe’s price to crash to $0.00001005 soon. HYPE and PEPE are No Match for Rollblock’s Disruptive Potential Hyperliquid’s downtrend is expected to continue in 2025 while Pepe’s ability to make a comeback remains uncertain. Keeping these failing cryptos in mind, savvy traders are moving their money towards Rollblock’s disruptive GameFi project that is already poised for 100x gains in early 2025. Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today! Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino Disclaimer: This is a sponsored press release 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.
Bitcoin experienced notable price swings on Dec. 26, seemingly triggered by incorrect data on TradingView’s Bitcoin dominance chart. False Data Sparks Market Turbulence Cointelegraph Markets Pro recorded a sharp 4% drop in Bitcoin’s price, ending the calm trading environment of the Christmas period. BTC/USD briefly fell toward $95,000 as a TradingView anomaly inaccurately indicated Bitcoin’s market dominance had plummeted to 0%. The issue, since resolved, appeared to drive panic among traders. “So there was a TradingView glitch surrounding $BTC dominance and this caused people to panic dump? People now dumping over TradingView?” trader Satoshi Flipper questioned on X. Monitoring platform CoinGlass reported that approximately $33 million in BTC long positions were liquidated within a four-hour span. Bitcoin Dominance Trends and Altcoin Outlook Bitcoin’s market dominance has been a hot topic among traders. Recent all-time highs for BTC have left altcoins struggling to keep pace. Bitcoin dominance peaked at 61.5% in mid-November but has since declined, fueling speculation about an impending “altseason.” “BTC Dominance reached 2021 breakdown level and rejected,” trading account Aqua noted on X. “I think BTC Dominance peaked and ALTs will start outperforming $BTC in the coming months. Finally we will see true ALTs season soon.” Trader and analyst Michaël van de Poppe drew comparisons between current altcoin valuations and the Dotcom bubble of the early 2000s. “The Altcoin valuation are still substantially low. The total market capitalization is barely $1.5T. The Dot.com bubble was $10-15T,” he stated, predicting a significant surge in altcoin values by 2025. Optimism for Early 2025 Despite the temporary volatility, market sentiment remained optimistic. Participants expect Bitcoin to make a substantial move in the first quarter of 2025, signaling continued confidence in its long-term trajectory.
As MiCA regulations impact stablecoins in the EU, questions arise about USDT's compliance and potential market effects. The post Tether grapples with new FUD as MiCA regulations take effect on Dec. 30 appeared first on Crypto Briefing .
The crypto market has proven time and time again that investing in the right projects at the right time can lead to life-changing returns. As traders gear up for the next bull run, five cryptocurrencies stand out for their growth potential and strong foundations: BlockDAG (BDAG), Dogecoin (DOGE), Binance Coin (BNB), Ripple (XRP), and Solana (SOL). These cryptos are more than just popular names; they each bring unique value to the table. Whether it’s innovative scalability, meme-powered community loyalty, or enterprise-level applications, these projects cater to various investment goals. Diversification is the key, and this list of the top 5 cryptos to buy now for massive ROI highlights why these coins can potentially deliver the kind of returns traders dream about. 1. BlockDAG: Crypto’s Rising Star BlockDAG (BDAG) has secured its place in the top 5 cryptos to buy now for massive ROI due to its flourishing presale and consistent growth. Currently priced at $0.0234, BlockDAG has raised an impressive $172.5 million, with over 17.5 billion coins sold since its presale began. Early backers have already enjoyed a 2,240% ROI, and analysts suggest the coin could achieve a 20,000x ROI in the coming years. What sets BlockDAG apart is its scalability and efficiency, which built it for long-term success with its advanced Directed Acyclic Graph (DAG) technology. Unlike many new projects, BlockDAG has consistently delivered on its promises, and its confirmed mainnet launch in 2025 is a testament to its credibility. Traders looking for high ROI potential and a project with a proven track record will find BlockDAG an enticing opportunity. Its crypto presale numbers and strong community engagement ensure it remains a top choice for those seeking substantial gains. 2. Dogecoin: The “People’s Coin” Dogecoin, famous as the “people’s coin”, continues to thrive as a top choice for casual and seasoned traders. Its loyal community and Elon Musk’s consistent backing have kept it relevant despite market fluctuations. Dogecoin’s low transaction fees and growing acceptance as a payment method, including by major retailers, add to its appeal. However, its heavy reliance on hype and celebrity endorsements can lead to unpredictable price swings, making it a riskier option for some investors. For those who value community-driven projects and don’t shy away from market volatility, Dogecoin remains a top crypto to buy for a huge ROI. 3. BNB: Utility Beyond the Exchange Binance Coin (BNB) has evolved from a simple utility token for discounted trading fees to a powerhouse in the crypto world. Backed by the Binance Exchange, the world’s largest cryptocurrency trading platform, BNB offers a diverse range of use cases, from transaction fees to DeFi applications. The coin’s quarterly buyback and burn mechanism reduces its circulating supply, potentially driving up its value over time. Despite its strong fundamentals, concerns around exchange-related risks, including regulatory scrutiny, may deter some cautious investors. Traders seeking a versatile token with proven utility and a history of resilience, BNB is among the top cryptos to buy now. 4. XRP: Cross-Border Efficiency Ripple’s XRP is a crypto tailored for cross-border payments, offering fast, low-cost transactions for businesses and individuals. Its partnerships with financial institutions and banks worldwide have displayed its role in the financial ecosystem. However, its ongoing legal battle with the SEC has created uncertainty, which could affect its growth trajectory. Despite this, XRP remains a strong choice for traders who value real-world applications and long-term utility. Its focus on financial inclusion and efficiency ensures it retains relevance in the crypto ecosystem. 5. Solana: High-Speed Blockchain Performance Solana has established itself as a leader in blockchain scalability, capable of processing 65,000 transactions per second at minimal fees. Its proof-of-history consensus mechanism enables efficient validation, making it ideal for high-frequency applications like DeFi and NFTs. Solana’s expanding developer ecosystem and strong community support have driven its adoption. However, its history of network outages raises questions about its reliability during high usage periods. But for traders seeking a blockchain built for speed and scalability, Solana is still an elite player. Its efficiency and growing number of applications across gaming, finance, and beyond make it a strong pick despite occasional challenges. Which is The Top Crypto To Buy Now? Each of these cryptocurrencies offers unique advantages. Dogecoin thrives on community engagement, while BNB provides unparalleled utility across Binance’s ecosystem. XRP delivers real-world financial applications and Solana excels in speed and scalability. BlockDAG, however, stands to give the most back with its impressive presale performance, advanced technology, and strong ROI potential. Traders looking for versatility and long-term growth will find it hard to overlook this rising star. Ultimately, the best choice depends on individual goals and risk tolerance. But BlockDAG continues to lead the pack in top cryptos to buy for a huge ROI, making it an excellent addition to any forward-thinking crypto portfolio. 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.
XRP’s ETF ambitions and Ripple’s legal win could change crypto investing and drive institutional adoption. #partnercontent
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP’s ETF ambitions and Ripple’s legal win could change crypto investing and drive institutional adoption. Table of Contents XRP’s ETF plans and DTX Exchange’s hybrid model open new doors for crypto growth 2025: A Defining year for XRP ETF approval And DTX Exchange’s growth in crypto investments Conclusion XRP has been a giant in cryptocurrency; however, if an XRP ETF is approved, its course will change. This discussion became necessary after Ripple’s partial legal victory at the hands of the SEC, denying the same XRP claims as security, as per the secondary sales. This became the golden opportunity for the institutional players to think of XRP as a legitimately enforced and regulated place for investing in the crypto market. Companies must be approached for XRP ETF applications, which include elite asset management firms like WisdomTree and Bitwise. The analysts are calling it the year of changes. Eventually, the pro-crypto sentiment will bring another era that can clear the passageway for all funds raised to finance XRP ETFs. If that happens, not only could Ripple attract huge inflows from types of institutions but memories of rally performances staged last year by contenders in the digital currency space could also be sparked by BTC and Ethereum. This application in an XRP ETF indicates the potential of top price appreciation while defining complete adoption, with XRP also evolving as the face of such a revolution. Thus, holders of that digital asset, XRP, are becoming significant favorites in the biggest market change in history. You might also like: Massive crash wipes $2 billion in Solana longs but DTX Exchange continues to new highs XRP’s ETF plans and DTX Exchange’s hybrid model open new doors for crypto growth XRP is rounding into the fact that it can present a new ETF, but under its radar, DTX Exchange is making stunning progress in offering an opportunity for investors. It is in the sixth presale stage and has raised a decent $10.5 million with a token price of $0.12. Below are just a few thoughts reported due to the planned selling price of $0.14. DTX is interesting because its hybrid exchange model provides centralized and decentralized features within the same platform. Very broad and universal asset classes exchanged on DTX are stocks, forex, ETFs, and cryptocurrencies- all within one platform. What makes this approach special is that one will definitely see an increase in demand for a less complex and multipurpose trading solution available in the coming years, thus contributing to the rejection of DTX by other firms. DTX’s governance design is another positive point as it concerns the advantages; participants can decide and participate in the trade fee revenue. Through this community-driven approach, the team’s excellence in user input can be gauged so that analysts view it among the significant participants in the crypto exchange industry. From the outset, the token has displayed a surge of more than 500% from its original price of $0.02. DTX brings forth the euphoria that early adopters always long to witness. 2025: A Defining year for XRP ETF approval And DTX Exchange’s growth in crypto investments This year 2025, is just another hurdle-beckoning year for speculative investors. The opportunity may follow XRP and DTX Exchange in the end. The expected approval of an XRP ETF will define Ripple in terms of financial world inclusion, just like an open door that will bring institutional money flowing in and prices to much higher levels. Indeed, with big automatic price hikes ahead, investors of Ripple now have to brace themselves for a mile-stormy year. At the same time, the success of DTX in its presale steps typifies the unique potential it harbors in trading. This is particularly so when coupled with the hybrid exchange’s engaging features and the generally healthy and active community backing; the platform is getting into shape, thus making it very attractive to all who want to diversify their portfolios. Early investors already cashing in on DTX should expect explosive growth, as occurred earlier in a similar year. Conclusion As we reach 2025, one thing is clear: two items strike XRP and DTX Exchange as the most exciting prospects for the cryptocurrency market. It means ETF approval, which will redefine how Ripple sits in a financial library and, more importantly, unleash a wave of institutional funds with anticipated high prices of XRP. Meanwhile, DTX Exchange currently represents the hottest bet mainly because of its hybrid exchange model and the powerful start of its presale. It is on course for a lot of returns. The message must be clear to an investor: Nip XRP right here, save some DTX in your basket and act eagerly in 2025. Whether you pitch an ETF-linked return by XRP or DTX’s novel methods in trading, earnings are and will be, for sure, enormous. Any involvement in the crypto market values high action, and the evolution chances stand precisely in these investments. To get involved, Visit the DTX website , participate in the presale , or engage with the DTX Community . Read more: DTX Exchange mirrors the 21,500% surge of Cardano during the last bull cycle 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.
The US Treasury Deaprtment has finally released the long-awaited DeFi broker tax reporting framework in its bid to capture revenue from the growing industry. According to the released framework, platforms offering trading services to report user transactions with the Internal Revenue Service (IRS). DeFi Broker Tax Framework: Highlights and Criticism According to the summary from ConsenSys lawyer Bill Hughes, the reporting requirements from the trading frontend will apply to both US persons and non-US persons. Compliance with the DeFi broker tax reporting framework will commence in 2027. When compliance commences, the IRS will require DeFi brokers to send Form 1099 to platforms users for tax reporting pursposes. Ideally, Decentralized Finance (DeFi) protocols, per current operational model are non custodial. This means that user’s biometric information are not kept, alongside with the user’s funds. With the new reporting framework , this may have to charge in a bid to comply with the DeFi broker tax provisions. In addition to the name and transaction details, market experts believe the new reporting standard might require protocols to include addresses and other sensitive details. These conditions have drawn uproar from members of the crypto community. Hughes noted that this framework will be accompanied by a lawsuit. This is possibly in demand for its rollback. The legal expert noted that the tax provisions will impact all asset types including NFTs and stablecoins. Treasury/IRS has finalized their DeFi broker tax reporting rule. Trading front ends would have to track and report on user activity – both US persons and non-US persons- starting in 2027. And it applies to the sale of every single digital asset – including NFTs and even… pic.twitter.com/CtFox668yn — Bill Hughes : wchughes.eth (@BillHughesDC) December 27, 2024 Hughes noted that the US Treasury had completed the DeFi broker tax rules long ago but chose to release it just weeks to the end of the current administration. Will Donald Trump Roll Back the US Treasury Rules? The crypto industry started weighing the impact of the tax reporting rules long ago. With the framework now official, the hopes now lie on the incoming Donald Trump administration to change the terms. The hopes in Donald Trump hinges on the nomination of Scott Bessent as the Treasury Secretary. Unlike Janet Yellen, Scott Bessent is pro-crypto and might consider the plight of industry advocates. Beyond the invasion of privacy, experts say the DeFi broker tax rules is all cost-focused with no positive impact on revenue generation. The President-elect’s family also pioneered a DeFi outfit, World Liberty Financial , this year. If this framework starts, the outfit might also need to comply, a twist that might encourage some forms of rollbacks or changes to the rules. The post US Treasury Unveils DeFi Broker Tax Reporting Rule, Here Are Key Highlights appeared first on CoinGape .
Bitcoin’s repeated failure to cross above $100,000 increases the risk of a drop under $90,000.