Judge Refuses to Block Coinbase from Delisting wBTC Amid Justin Sun Claims ————— NFA.
At the time of writing, the Bitcoin price is experiencing a serious and sudden decline, and the cryptocurrency community is wondering what caused the decline. The reason for the decline is thought to be the hawkish statements of the FOMC following the FED's interest rate decision today, as well as FED Chairman Jerome Powell's ongoing speech about slowing down the pace of interest rate cuts. Related News: JUST IN: FED Chairman Jerome Powell Speaks After Interest Rate Decision - LIVE In September, the FED's dot plot graph expected four interest rate cuts in 2025, but with the data updated today, this number has decreased to two. In addition, the market is pricing in interest rates to remain unchanged in January. In addition, FED Chairman Jerome Powell's answer to the question about the Strategic Bitcoin Reserve in the US may have contributed to the decline. Powell stated that the FED is not allowed to hold Bitcoin and is not willing to make a change in the laws on this issue. Following the interest rate decision, the BTC price fell by approximately 3% and is trading at $101,800 at the time of writing. The decline in the last 24 hours exceeded 4%. *This is not investment advice. Continue Reading: Why Is Bitcoin Price Falling? There is Sudden Pullback
Castle Island founder Nic Carter shared his views on important topics including MicroStrategy’s Bitcoin strategy, Ethereum’s evolving role in the crypto ecosystem, and the possibility of a US strategic Bitcoin reserve under the Trump administration in a recent interview. Carter said MicroStrategy has innovatively used the fixed-income markets to issue debt and buy Bitcoin, allowing the company to capture a 2x premium over the net asset value (NAV) of its Bitcoin holdings. The strategy, championed by Michael Saylor, has provided a path for institutional investors who can’t buy Bitcoin directly or through ETFs. But Carter warned investors about the risks associated with MicroStrategy’s premium, warning that its stock price could diverge from Bitcoin’s trajectory in the event of a sell-off. Carter noted that Ethereum plays a key role as the cornerstone of the decentralized finance (DeFi) ecosystem, hosting the majority of the total value locked (TVL) in DeFi applications. Ethereum remains the dominant platform for stablecoins and NFTs and has promising prospects for continued growth. “Ethereum has an opportunity here after following Bitcoin for a long time,” Carter said. Related News: FED to Announce Critical Interest Rate Decision, What Will Powell Say Afterward? Here are the Opinions of Moody's Chief Economist Carter expressed skepticism about the possibility of a US strategic Bitcoin reserve, dismissing the possibility of Congress supporting such a move. He argued that switching the US financial system from the dollar to a Bitcoin-backed standard would undermine global trust in the dollar as a reserve currency. While smaller countries like Bhutan and El Salvador have adopted Bitcoin as part of their financial strategies, Carter argued that the US should avoid signaling a shift away from the dollar as the issuer of the global reserve currency. However, he also acknowledged the market’s optimism regarding Bitcoin, which recently reached a record high of $108,000. Carter warned that speculative rhetoric such as strategic reserves could lead to market disappointment and corrections if these expectations are not met. Carter predicts that Bitcoin could reach a market value equivalent to gold in the long term, with each Bitcoin priced at $900,000. While he remains optimistic about the sector’s growth, he urged caution against speculative rhetoric overstating the impact of Bitcoin’s short-term price movements. *This is not investment advice. Continue Reading: Experienced CEO Discusses the Reality of a Bitcoin Reserve in the US, Shares BTC Peak Price Prediction
Kraken cryptocurrency exchange has launched its Layer-2 blockchain network called Ink on the Ethereum mainnet. This rollout, originally scheduled for early 2025, has occurred ahead of schedule. Built using Optimism’s OP Stack, Ink aims to provide enhanced scalability and interoperability within the Ethereum ecosystem. Kraken Launches Ink Layer-2 Network Ahead of Schedule on Ethereum Mainnet According to a blog post , Kraken launched its Ink Layer-2 network on Wednesday, advancing its plans to introduce the blockchain by several months. The network is built on Optimism’s OP Stack, a modular framework designed to enhance Ethereum scalability and interoperability. As part of the development, the crypto exchange secured a grant of 25 million OP tokens (approximately $58 million) from the Optimism Foundation. These tokens support the adoption and growth of Ink, enabling the platform to contribute to Optimism’s broader “Superchain” ecosystem. Andrew Koller, the founder of Ink expressed enthusiasm stating, “Today is just the beginning for Ink, and now our boldest work begins, growing Ink. We’re pushing the boundaries of on-chain experiences to unlock new applications and opportunities for builders and users alike, layering privacy, security and UX enhancements on a foundation of deep liquidity.” Meanwhile, the adoption of Layer 2 solutions has been on the rise. Most recently, Germany’s Deutsche Bank integrated ZKsync technology through Project Dama 2. This move will enhance Ethereum’s efficiency while ensuring compliance with regulatory standards. Key Partnerships and Features Ink Layer-2 launched with support from several decentralized applications. Notable partners include decentralized exchange Curve, stablecoin platform Frax, LayerZero for interoperability, and Gelato for infrastructure support. These collaborations highlight the ecosystem’s focus on enabling diverse use cases within decentralized finance (DeFi) . By January 2025, Kraken plans to enable permissionless fault proofs on Ink Layer-2. This feature will allow anyone to challenge potentially invalid transactions, increasing the platform’s accountability. Kraken’s Ink Layer-2 is the latest addition to Ethereum scaling solutions built on the OP Stack, joining networks like Coinbase’s Base and Sony’s Soneium. These projects demonstrate a growing trend among major players to expand the Ethereum ecosystem. Meanwhile, in the ongoing Kraken vs. SEC lawsuit, the court denied the crypto exchange request to obtain documents related to Bitcoin, Ether, and SEC policies on digital assets. The judge ruled the requests irrelevant to the SEC’s allegations concerning specific crypto tokens. Kraken’s demand for evidence tied to public statements and internal policies was also rejected, with the court emphasizing a lack of justification for such disclosures. The post Kraken Ink Layer-2 Goes Live On Ethereum Mainnet appeared first on CoinGape .
Hong Kong Securities and Futures Commission (SFC) has approved licenses for four virtual assets trading platforms (VATP) under its swift licensing process. The regulator announced this today, noting that it issued the license after completing on-site inspection of the firms. According to the announcement , the four platforms approved as deemed to be licensed are Accumulus GBA Technology Co Ltd, DFX Labs Co Ltd, Hong Kong Digital Assets EX Ltd, and Thousand Whales Technology Ltd. With these firms scaling the first hurdle in the application process, they can start operating within a restricted scope. However, the exchanges still have to complete rectification actions based on the inspection and pass the vulnerability assessment and penetration test. The Director of Intermediaries at SFC, Dr Eric Yip, noted that the new approach seeks to expedite approving digital assets platforms in the city without compromising standards. Hong Kong has been trying to position itself as a crypto hub over the past few years. Yip said: “We aim to strike a balance between safeguarding the interests of investors and facilitating continuous development for the virtual asset ecosystem in Hong Kong.” With the approval of these four firms, there are now seven licensed crypto exchanges in Hong Kong, including OSL, HKVAX, and HashKey, which got their approval earlier this year. Although some applications are still waiting for approval, the complexity of the process has already led several major exchanges, including OKX, to pull out. This is likely why the Hong Kong SFC is embracing the swift licensing process. Exchanges still need to pass the second phase to get a full license Meanwhile, the four exchanges still need to pass the second stage before obtaining their full license. To aid this process, SFC has amended the circular on the licensing for crypto exchanges by revamping the second phase. Under the new system, the Commission will focus on whether the exchange’s policies, procedures, systems, and controls meet regulatory standards and require the exchange to inform it of any changes. Exchanges also have to get an assessment from a certified public accountant on whether all its policies and procedures meet the guidelines for VATPs and the anti-money laundering and counter-financing terrorism rules. The SFC plans to be involved in the assessment procedure by requiring a tripartite arrangement involving the exchange, the regulator, and the external assessor. According to the SFC, this will expedite the process by enabling the regulator to engage the senior management and controllers of the exchanges directly. This approach has proven effective in getting the firms to meet the regulatory standards for the first phase, hence its continued adoption. After passing the second phase, all restrictions on the operation of the exchanges will be lifted. From Zero to Web3 Pro: Your 90-Day Career Launch Plan
Forex Robots Forex robots are automated trading systems designed to help traders execute trades in the foreign exchange market with minimal manual intervention. They analyze market conditions, generate trading signals, and execute trades based on pre-programmed algorithms. For both beginners and seasoned traders, Forex robots offer an efficient way to maximize profits while reducing time spent monitoring the market. In this article, we will explore the best Forex robots available in 2024, how they work, and what makes them a valuable tool for traders. What is a Forex Trading Robot? A Forex trading robot, also known as an Expert Advisor (EA) , is a software program that uses advanced algorithms to trade currencies. These robots are typically integrated with trading platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5) and can operate 24/7 without the need for human intervention. Advantages of Using Forex Robots Time-Saving: Automates trading processes, freeing up time for other activities. Emotion-Free Trading: Eliminates the psychological factors like fear and greed. 24/7 Trading: Operates continuously, even when you’re not monitoring the market. Backtesting: Allows testing strategies using historical data to evaluate performance. Consistency: Executes trades according to the pre-set rules without deviation. Best Forex Robots for 2024 1. Forex Fury Key Features: Compatible with MT4 and MT5 platforms. Offers a low-risk trading strategy. User-friendly interface for beginners. Performance: Proven track record of consistent profits with a 93% win rate. 2. GPS Forex Robot Key Features: Adapts to changing market conditions. Compatible with major brokers. Real-time updates and support. Performance: Demonstrates excellent performance, especially in trending markets. 3. Forex Flex EA Key Features: Multiple trading strategies in one package. Advanced money management features. Automatic lot size calculation. Performance: Well-suited for both high-risk and low-risk trading styles. 4. EA Builder Key Features: Create custom Forex robots without coding. Works with both MT4 and MT5. Easy-to-use drag-and-drop interface. Performance: Great for traders looking to implement their own strategies. 5. 1000pip Climber System Key Features: Provides clear entry and exit signals. Suitable for beginners. One-time purchase fee, no hidden costs. Performance: Simplifies trading decisions with high accuracy signals. How Do Forex Robots Work? Forex robots analyze market data, including price movements, trends, and indicators. Based on predefined criteria, they: Identify Trading Opportunities: Spot profitable trades using technical analysis. Generate Signals: Indicate whether to buy or sell a currency pair. Execute Trades: Automatically place orders on the trading platform. Manage Risk: Use stop-loss and take-profit levels to limit losses and lock in profits. Factors to Consider When Choosing a Forex Robot Compatibility: Ensure it works with your trading platform (e.g., MT4, MT5). Transparency: Look for robots with verified track records and performance metrics. Risk Management: Check for features like adjustable lot sizes and stop-loss settings. Ease of Use: Choose a robot with a user-friendly interface and setup process. Customer Support: Reliable customer service for troubleshooting and assistance. How to Get Started with Forex Robots Choose a Trusted Forex Robot: Select one based on your trading style and preferences. Sign Up with a Reputable Broker: Ensure the broker supports automated trading and Forex robots. Install the Robot: Follow the installation guide to integrate it with your trading platform. Backtest the Robot: Test it with historical data to evaluate its performance. Monitor Its Performance: Regularly review results and adjust settings as needed. FAQs About Forex Robots 1. Are Forex robots legal? Yes, Forex robots are legal, but traders should ensure they use them with regulated brokers. 2. Can Forex robots guarantee profits? No trading system can guarantee profits, but Forex robots can improve trading consistency and reduce errors. 3. How much do Forex robots cost? Prices range from $100 to $1,000 or more, depending on the robot’s features and performance. 4. Are Forex robots suitable for beginners? Yes, many robots are designed for beginners with simple setups and pre-programmed strategies. 5. Can I create my own Forex robot? Yes, platforms like EA Builder allow traders to design custom robots without coding skills. Conclusion: Are Forex Robots Worth It? Forex robots can be a valuable tool for traders looking to automate their strategies and maximize profits. However, success depends on choosing the right robot, understanding its limitations, and regularly monitoring its performance. By selecting one of the best Forex robots in 2024, you can take advantage of cutting-edge technology to enhance your trading experience. To learn more about the innovative startups shaping the future of the crypto industry, explore our article on latest news , where we delve into the most promising ventures and their potential to disrupt traditional industries.
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. Ripple drives global payments, while Lightchain AI bridges AI and blockchain, offering $0.003 presale with future potential. Table of Contents Ripple vs. Lightchain AI- core technology and use cases Can XRP or LCAI reach new heights in 2025? Why LCAI’s presale is attracting attention over XRP Secure potential for 2025 millions with Lightchain AI Ripple (XRP) and Lightchain AI (LCAI) represent two significant creations in blockchain technology. While Ripple streamlines global payments with its fast, efficient transaction system, Lightchain AI uniquely bridges artificial intelligence and blockchain through groundbreaking features. Notably, Lightchain AI’s presale offers investors a strategic entry at a price of $0.003, with Stage 6 ongoing and potential growth accelerating. As Ripple battles for mass adoption, LCAI positions itself as a leader in decentralized AI innovation for 2025 and beyond. Ripple vs. Lightchain AI- core technology and use cases Ripple utilizes the XRP Ledger (XRPL), an open-source, decentralized platform designed for swift and cost-effective cross-border transactions. Its consensus protocol enables transaction validation within 3 to 5 seconds, facilitating real-time global payments. L͏ightchain AI combines artificial intelligence with͏ blockchain technology. The Proof-͏of-Intelligence (PoI) consensus mech͏anism benefit no͏des by incentivizing them to carry out meaningful AI co͏mputations, thereby improve network security and efficiency. The Artificial ͏Intelli͏gence Virtual Machine͏ (AIVM) func͏tio͏n as a specialized com͏putational tie͏r for running AI operations backing real-time application͏s while uphold security and compati͏bility. XRP’s͏ tokenomi͏cs invol͏ve t͏otal supply͏ of 100 bil͏lion tokens with subst͏antial amount kep͏t͏ in escrow by Ripple for support market stab͏ility. LCAI has a limite͏d amount of 10 bi͏llion tokens which distributed as 40 percent for presale, 28.5͏ percent for staking rewards͏, 15 percent for liquidity provis͏ion, 5 percent for mark͏eting͏ initiatives an͏d allocated to treasury and t͏eam at rat͏es of 6.5 percent and 5% respec͏tively. The Lightchain AI’s plan consist of stages like prototyp͏e creation testnet introduction mainnet initiation ecos͏ystem expansion an͏d w͏orld͏wide acceptance ͏ill͏ustra͏ting a methodica͏l progressi͏on in platform de͏velopment. Can XRP or LCAI reach new heights in 2025? Ripple’s XRP has experienced significant growth, with its price reaching $2.39, driven by increased adoption among financial institutions and positive market sentiment. Analysts have varied predictions for XRP’s future value. Some forecasts suggest that XRP could reach $5 by the end of 2024 and potentially rise to double digits in 2025. Lightchain AI (LCAI) , currently in its presale phase at $0.003 per token, is attracting attention for its unique integration of blockchain and artificial intelligence. Experts predict that LCAI could reach $1 by the end of 2024, driven by its unique technology and growing adoption. Both XRP and LCAI have ambitious roadmaps aimed at enhancing their platforms and expanding their ecosystems. XRP’s focus on cross-border payments and financial partnerships positions it for continued growth, while LCAI’s fusion of AI and blockchain technology offers potential for significant market impact. Investors should consider these factors, along with market volatility and individual risk tolerance, when evaluating the potential of XRP and LCAI for substantial returns by 2025. Why LCAI’s presale is attracting attention over XRP Lightchain Protocol AI has launched its LCAI token presale, attracting significant investor interest. The presale offers tokens at $0.03 each, providing an accessible entry point for early participants. LCAI tokens serve multiple functions within the ecosystem, including governance participation, access to AI services, and incentives for contributors. The presale accepts contributions in ETH and ERC-20 USDT , making it accessible to a global audience. Early participants benefit from favorable pricing, giving them a unique opportunity to secure tokens at a discount before broader market adoption drives up demand. This strategic move positions Lightchain Protocol AI as a strong competitor in the blockchain space, offering investors a chance to join a platform poised for significant growth. Secure potential for 2025 millions with Lightchain AI As blockchain technology continues to evolve and industries explore its potential, cryptocurrencies are poised for significant growth. XRP and LCAI represent two innovative projects with unique features and promising market potential. While XRP remains a top contender in the financial sector, Lightchain AI is emerging as a leader in decentralized AI creativit, with potential to change multiple industries. As such, investors should carefully consider their investment strategies and evaluate the opportunities presented by both Ripple and Lightchain. Investors should carefully consider the potential of LCAI and its presale price as they evaluate their investment strategies in the rapidly evolving blockchain and AI landscape. With a capped supply of 10 billion tokens, strategic entry during the presale could offer long-term gains for investors who believe in the potential of Lightchain AI’s unique approach to decentralized AI. To learn more about Lightchain AI, visit the website , whitepaper, X , and Telegram. Read more: ETH eyes $8k, PEPE targets $0.0002 and Lightchain AI aims for $2 from $0.003 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.
Ripple drives global payments, while Lightchain AI bridges AI and blockchain, offering $0.003 presale with future potential. #partnercontent
The post Bitwise CIO Says BTC Could Easily Hit $500K If Trump Administration Creates Bitcoin Reserve appeared first on Coinpedia Fintech News Bitwise CIO Matt Hougan, in a recent interview, predicted that Bitcoin would reach as high as $500,000 if Donald Trump’s administration created the Strategic Bitcoin Reserve. He said that this development is too significant to ignore, and governments would likely need to follow, potentially causing a supply shock for Bitcoin. Notably, Bitwise recently predicted that Bitcoin will hit $200,000 in 2025.However, there are doubts about whether a Strategic Bitcoin Reserve will be created, as Castle Island Ventures’ founding partner, Nic Carter, and Arthur Hayes have expressed that they do not expect the BTC reserve to happen.
Remember the whirlwind that was Pepe Coin? It seemed to come out of nowhere, rising from a meme-inspired concept into a force that left the crypto world buzzing. Those who got in early celebrated staggering gains as Pepe Coin exploded in popularity, while others watched from the sidelines, wondering how they missed the boat. If Pepe Coin’s rise left you feeling the sting of FOMO, you’re not alone. It’s a familiar story in crypto—opportunities come fast, and only those paying close attention get to reap the rewards. But here’s the good news: the next big move is already here, and it’s called BTFD Coin. BTFD (Buy the F***ing Dip) isn’t just another meme coin; it’s a community-driven project that’s already making waves in the crypto space. With its massive presale success, staking rewards, and upcoming Play-to-Earn game, BTFD is quickly becoming one of the best new meme coins to buy today. Don’t let another opportunity pass you by—this is your chance to act early and secure a position in the next potential breakout. BTFD Coin: The Best New Meme Coin to Buy Today BTFD Coin is capturing the attention of the crypto world for good reason. Its presale, now in its 12th stage, has already raised over $4.1 million, sold 56 billion tokens, and attracted a growing community of more than 5,900 bulls. At a presale price of just $0.00013, BTFD offers a golden opportunity for investors to get in at the ground level before demand skyrockets. One of BTFD’s standout features is its 90% APY staking rewards, which allow investors to grow their holdings passively. Unlike many meme coins that rely purely on hype, BTFD incentivises long-term participation with tangible rewards. This makes it not just a fun investment but a smart one for those looking to maximise their gains over time. Adding to its appeal is BTFD’s upcoming Play-to-Earn game, which is poised to tap into the booming blockchain gaming market. This feature adds real-world utility to the token, ensuring its relevance and increasing demand well beyond the presale phase. With these innovative features, it’s no surprise that BTFD is being recognised as one of the best new meme coins to buy today . But there’s more. BTFD also boasts an exciting referral programme that rewards investors for helping grow the community. By connecting your wallet on the BTFD buy page, you receive a unique referral code to share. When someone uses your code to make a purchase of $50 or more, they’ll receive an extra 10% in $BTFD tokens, and you’ll earn 10% of their purchase amount if you make it into the top 20 referrers. This programme resets monthly, giving participants multiple chances to grow their earnings. It’s a win-win for everyone involved, adding another layer of value to investing in BTFD. For those who missed Pepe Coin’s rise, this is your chance to turn FOMO into fortune. BTFD is not just a coin—it’s a movement that rewards its community while delivering features that keep investors engaged and excited for the future. Why Pepe Coin’s Explosion is a Lesson in Timing Pepe Coin was the quintessential meme coin success story. Leveraging a name rooted in internet culture, it quickly gained traction among crypto enthusiasts who saw its potential. Early adopters reaped the biggest rewards as the coin’s value surged, fuelled by community support, media coverage, and a wave of FOMO. For those who missed Pepe Coin’s early days, it became a harsh reminder of the importance of timing in crypto. Like Shiba Inu and Dogecoin before it, Pepe Coin’s success proved that meme coins can go beyond the joke, offering massive returns to those who recognise their potential early. But while Pepe Coin’s moment may have passed, the crypto market is full of second chances. BTFD Coin is now emerging as the fresh opportunity for smart bulls ready to make their next move. With its thriving presale and innovative features, BTFD has all the makings of the next big meme coin success story. The Final Thoughts Pepe Coin’s rise was a wake-up call—a stark reminder of the opportunities that slip away when we hesitate. While Pepe’s explosion is now a closed chapter, the crypto market is always evolving, always offering new chances for those willing to take them. BTFD Coin is that next chance. With a thriving presale already raising over $4.1 million, a strong community of 5,900 bulls, and features like 90% APY staking rewards and an exciting Play-to-Earn game, BTFD is shaping up to be more than just another meme coin. The Baby Bull is charging, and the window of opportunity is wide open—but it won’t stay that way for long. If you’re searching for the best new meme coins to buy today, BTFD is the name to watch. Don’t let FOMO define your crypto journey again. Take action now, own the dip , and position yourself for a brighter crypto future. The next big move is here—will you grab it? Find Out More: Website: https://www.btfd.io/ X/Twitter: https://x.com/BTFD_COIN Telegram: https://t.me/btfd_coin The post Pepe Coin Left You in the Dust? Get Ahead of the Curve with BTFD Coin Before It Skyrockets appeared first on TheCoinrise.com .