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.
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CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index . The CoinDesk 20 is currently trading at 3644.43, down 0.3% (-9.33) since 4 pm ET on Wednesday. Four of 20 assets are trading higher. Leaders: HBAR (+3.1%) and APT (+2.9%). Laggards: AVAX (-3.7%) and ICP (-3.7%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.
Investors are checking out the potential for massive gains with the next big cryptocurrency that could skyrocket like Cardano and Solana. #partnercontent
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Investors are checking out the potential for massive gains with the next big cryptocurrency that could skyrocket like Cardano and Solana. Table of Contents DTX Exchange seen as a presale star with great growth potential Lucid: The price of Cardano may reach the top 3 spot Solana looks ready for breakout as price rises Can DTX Exchange soar like ADA and SOL? The crypto market is a race to grab onto opportunities before everyone else does. Cardano (ADA) and Solana (SOL) made early buyers considerably more money as they became some of the best cryptos. With this sector back on the rise, another opportunity is showing up: DTX Exchange (DTX) , which can also show considerable growth. This phase six presale star has already skyrocketed by 500% while raising over $10.2b. Some experts even think DTX could see a 1,000% surge in 2025 as it may revolutionize online trading. DTX Exchange seen as a presale star with great growth potential Cardano and Solana made headlines when they launched, enhancing the blockchain space. DTX Exchange looks to follow this path. It will close the divide between CEX and DEX by launching a hybrid trading platform with the best features of both. On it, people will trade over 120k asset classes, like bonds and crypto coins, at up to 1000x leverage. This platform is scheduled to launch in Q1 2025, causing hype in the crypto market. However, there have been plenty of products that DTX Exchange has launched so far: VulcanX Blockchain: The testnet for this blockchain was recently launched and saw a TPS of around 100k. Phoenix Wallet: A new wallet traders can use to secure assets like crypto coins, stocks, and forex. CoinMarketCap Listing: The DTX token was recently listed on CoinMarketCap. The DTX token will be the backbone of this platform. Those who hold it will get governance voting rights and a percentage of the trading fee revenue. DTX now costs only $0.12 in phase six of its presale, a 500% rise from its starting price. However, this altcoin price will rise to $0.20 after a top-tier CEX like Uniswap lists it soon. This could make DTX one of the top altcoins for big returns. Lucid: The price of Cardano may reach the top 3 spot Cardano is among the top 10 altcoins right now. Recently, crypto analyst Lucid made a bullish Cardano price prediction. According to his X post, this token will crush its next resistance level and skyrocket into the top 3 spots where it belongs. The Cardano price movement has jumped over 50% in the past 30 days. In that period, its value moved between around $0.70 and over $1, as per CoinMarketCap. Plus, its market cap grew from $25b to $38b. TradingView shows that the Cardano coin also trades above its 10-day EMA ($1.09) and 20-day EMA ($1.06). However, the high Cardano market cap suggests that it needs a lot of new money for its price to rise. On the other hand, tokens like DTX will not have this issue. Solana looks ready for breakout as price rises Solana is another altcoin with green price charts. CoinMarketCap data shows that the price of Solana increased nearly 5% in the past week alone. During that time, it fluctuated between around $210 and over $220. Market expert CrypNuevo also excited traders with his statement for Solana. In a recent X post, he told his followers that this altcoin is preparing for a potential breakout. As for his Solana price prediction, he foresees a surge past $280. Although the Solana crypto may see big price gains soon, traders have noticed that the DTX Exchange has some advantages. For example, the Solana blockchain saw a TPS of 65k, while the DTX one hit 100k. This could make it a better option for traders. Can DTX Exchange soar like ADA and SOL? While Cardano and Solana are riding a bullish wave, experts are also bullish for DTX Exchange. This crypto coin will have ties to the growing $133t bonds market and a smaller market cap than them. Therefore, DTX will need less money for its price to rise while possibly being more stable in the long run. Because of this, experts predict a potential 1,000% growth for this altcoin in 2025. For more information, visit the DTX Exchange presale website and join the online community. Read more: Last chance to get DTX Exchange before it soars, set to follow ETH, XRP 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.