Bitcoin's price declined significantly due to strong U.S. economic data. Continue Reading: Bitcoin Plummets as Strong U.S. Economic Data Shifts Market Dynamics The post Bitcoin Plummets as Strong U.S. Economic Data Shifts Market Dynamics appeared first on COINTURK NEWS .
Wintermute, a global leader in algorithmic trading and liquidity provision for digital assets, has become the first platform to offer OTC trading to BUIDL tokens. The CEO discussed this initiative in an interview on Bloomberg and highlighted why the company made the strategic move. The move will ensure enhanced accessibility and liquidity of BUIDL tokens for institutions and venture-backed projects. Wintermute aims to bridge the liquidity gap and provide the crucial piece that completes the value chain by enabling BlackRock’s BUIDL to be traded more efficiently on secondary markets. BUIDL token is highly demanded in the OTC market During the interview, Wintermute CEO Gaevoy mentioned that the demand for the BUIDL token comes from institutional investors and crypto-native organizations like centralized exchanges that have leveraged cryptos for years and operate on blockchain. When institutions plan to acquire crypto, they require considerable liquidity and prefer tailored trading solutions that are lacking in most public exchanges. BUIDL tokens encourage building and participation in the blockchain ecosystem. They are not merely speculation tokens. As high-net-worth individuals and institutions feel like venturing into it, OTC trading makes it easy for them to enter and exit positions. Fully collateralized lending protocols can use the tokens to allow people to borrow against them. This clearly shows that traditional and crypto markets are converging. Traditional markets borrow a lot from the crypto market, such as general compatibility between different players. The availability of OTC trading for BUIDL tokens aligns with Wintermute’s mission to bridge the gap between traditional finance and the emerging decentralized finance (DeFi) world. Wintermute is keen on shaping the future of cryptocurrency Wintermute’s quest to offer OTC for trading BUIDL shows the company’s intentions in shaping crypto markets. The firm has strategically offered its expertise in areas around exchange liquidity, DeFi, and institutional clients. It can support trading niche tokens that hold significant value for the crypto ecosystem. Offering OTC service for a growing token class like BUIDL is not a walk in the park. It requires deep market insights and the capacity to analyze the market and the infrastructure. BUIDL has low liquidity compared to Ethereum and Bitcoin and is mostly tied to specific projects. A Step-By-Step System To Launching Your Web3 Career and Landing High-Paying Crypto Jobs in 90 Days.
Hyperliquid airdropped 28% of its HYPE token supply to early users. The airdrop is now worth more than $7 billion, making it the most valuable in history.
TL;DR Ripple’s stablecoin is gaining traction, with major exchanges like Coinbase expected to adopt it soon. The company’s president sees an XRP ETF likely in 2025, with pro-crypto SEC leadership potentially favoring the launch of such products. The Leaders to Embrace RLUSD ‘Imminently?’ Ripple revealed its intentions to launch a stablecoin pegged to the US dollar in April last year . The product (called RLUSD) passed through a testing phase in the following months before being officially approved by the New York Department of Financial Services (NYDFS) in mid-December. Uphold, Bitstamp, Bitso, Moonpay, CoinMENA, and others were the first cryptocurrency exchanges to embrace the stablecoin. Around Christmas, the Peter Thiel-backed Bullish also jumped on the bandwagon. However, behemoths like Coinbase and Binance have yet to join the list. In a recent interview for Bloomberg, Ripple’s president, Monica Long, said people should expect such a move “imminently.” The exec noted that the crypto market has been growing in the last quarters. She predicted that 2025 could also be successful for the industry, claiming that stablecoins might play a crucial role in the process. “We think that the market’s going to grow tremendously in the course of the next year. Our business doubled within payments last year, and we see a really strong growth trajectory for our payments solution, and with that, RLUSD will have a premium role,” Long added. What About an XRP ETF? Ripple’s president also assumed that US-based companies would introduce more crypto ETFs this year and that an XRP exchange-traded fund “is likely to be next in line.” “We think, especially with the administration change, the approvals of those filing will accelerate,” Long suggested. Recall that the US Securities and Exchanges Commission (SEC) will soon have a new leader – Donald Trump’s nominee, Paul Atkins . He will replace Gary Gensler, who has been considered a huge enemy of the crypto industry. During his tenure, the securities regulator filed numerous lawsuits against cryptocurrency businesses, and perhaps the most popular is the one against Ripple . Gensler’s successor, Atkins, has shown a pro-crypto stance in the past, and the XRP army believes this could result in a favorable resolution of the legal battle that has been ongoing since December 2020. The post Here’s When RLUSD Will Get Listed by Other Crypto Exchanges: Ripple’s President appeared first on CryptoPotato .
Robert Kiyosaki , the bestselling author of ‘ Rich Dad Poor Dad ,’ is no stranger to making bold financial predictions—and his latest take on Bitcoin’s dip is no exception. Posting on X (formerly Twitter) on January 8, Kiyosaki reframed the narrative around Bitcoin’s recent slide below $100,000—touching $95,000 before stabilizing at $96,000—as a rare buying opportunity rather than a cause for concern. Kiyosaki’s playbook: “Buy Low, HODL Hard” While most investors were biting their nails, Kiyosaki was already filling his shopping cart. With only 21 million coins ever to exist and fewer than 2 million left to be mined, every dip in price reinforces his belief that demand will one day collide with dwindling supply. The author’s reaction was as sharp as ever when he took to X to make his stance crystal clear: “Bitcoin crashing. Great news. I continue buying Bitcoin because Bitcoin crashing means Bitcoin is on sale. Remember ‘Buy low… and HODL.’ Less than 2 million more Bitcoins to be mined.” BITCOIN crashing. Great news. I continue buying Bitcoin because Bitcoin crashing means Bitcoin is on sale. Remember “Buy low….and HODL.” Less than 2 million more Bitcoins to be mined. — Robert Kiyosaki (@theRealKiyosaki) January 8, 2025 This approach isn’t new for Kiyosaki. He has consistently positioned Bitcoin as a hedge against inflation and a safeguard from economic instability—a sentiment that has only intensified with his broader economic outlook. Storm clouds and silver linings The financial guru didn’t stop at Bitcoin. He earlier delivered a grim forecast about the global economy, stating that the “biggest stock market crash in history” is already unfolding. His message was clear: be prepared for falling prices across the board. “Please be smart, keep your eyes and ears open. Many expensive assets such as houses, gold, silver, and Bitcoin will go on sale. I will be buying more real assets with fake US dollars.” I WARNED Y’all. 2013 Published Rich Dad’s PROPHECY. Prophecy predicted the biggest stock market crash in history was coming. That CRASH is NOW. How did I know this giant crash was coming? I knew because in 2008 our leaders, led by Fed Chairman Ben Bernanke, paid himself and… — Robert Kiyosaki (@theRealKiyosaki) January 8, 2025 ‘Rich Dad Radio Show’ host has long referred to printed money as “fake” due to the erosion of its value from inflation and excessive government spending. Instead, Kiyosaki advocates converting cash into “real” assets like gold , silver , and Bitcoin . His plan is straightforward: buy tangible, scarce assets when prices fall to build long-term wealth. It’s important to note that Kiyosaki doesn’t put all his faith in Bitcoin alone. Gold and silver have long been his go-to assets for wealth preservation, and he frequently encourages his audience to diversify into these metals alongside cryptocurrencies. While he has mentioned other digital assets like Solana in the past, his focus has shifted back to the fundamentals, investments that he believes can weather financial upheavals. Disclaimer : The featured image in this article is for illustrative purposes only and may not accurately reflect the true likeness of the individuals depicted. The post Robert Kiyosaki reveals why Bitcoin’s crash is ‘Great News’ for investors appeared first on Finbold .
Ether could reach a remarkable high of $12,000 by the end of 2025, according to Dr. Sean Dawson, head of research at the options DeFi protocol Derive. This potential 257% surge from its current trading price of $3,361, as per the data by CoinMarketCap, hinges on two pivotal factors: the successful deployment of Ethereum’s upcoming Pectra upgrade and a supportive regulatory environment under Donald Trump’s presidency. Pectra Upgrade and Regulatory Optimism Dawson shared his insights in a recent interview , emphasizing that Ethereum’s success would require significant adoption of real-world assets (RWAs), robust inflows into exchange-traded funds (ETFs), and expanded utility in emerging tech sectors like decentralized physical infrastructure networks (DePIN) and AI agents. He also highlighted Ethereum’s growing relevance in AI applications , with its layer-2 scaling network, Base, becoming a hub for AI agents. The Pectra upgrade, slated for the first quarter of 2025 , is expected to improve Ethereum’s efficiency and scalability, potentially attracting broader institutional and retail adoption. Dawson believes that enhanced interoperability driven by layer-2 solutions could further solidify Ethereum’s position in the crypto market. Bullish Options Market Suggests Ether Price Surge While Ether’s price has been relatively steady around $3,500 since December 20, the derivatives market suggests a bullish outlook. Dawson pointed out that on Derive.xyz, call options significantly outnumber puts, with 250% more open interest in calls. This reflects a strong appetite among traders for upward price movement. However, Dawson acknowledged potential risks to Ether’s bullish trajectory. A failure to attract institutional interest for a spot Ether ETF or losing ground to competitors like Solana could push ETH below $2,000 in a bearish scenario. He warned that other layer-1 blockchains offering higher risk-reward opportunities might challenge Ethereum’s dominance in a bull market. Long-term holder confidence in Ether has been rising , with the percentage of investors holding their tokens for over a year increasing from 59% in January 2024 to 75% by December, according to IntoTheBlock. This contrasts with Bitcoin, which saw a decline in long-term holders over the same period, reflecting growing optimism about Ethereum’s future prospects. The post Ether Could Soar to $12,000 in 2025, Says DeFi Researcher Amid Network Upgrades appeared first on TheCoinrise.com .
The post Why Toncoin and Solana Investors Are Switching Focus to Lightchain AI in 2025 appeared first on Coinpedia Fintech News As 2025 approaches, investors in Toncoin and Solana are turning their attention to Lightchain AI , drawn by its revolutionary blend of blockchain and artificial intelligence (AI). With its innovative capabilities in data processing and analysis, Lightchain AI is being hailed as the next big breakthrough in tech and finance. The excitement around this project has only grown with the launch of the Lightchain AI Presale, offering early investors an exclusive opportunity to get in on the ground floor. Lightchain AI’s AI-driven platform is already disrupting traditional models, and investors are recognizing its potential for significant growth. As momentum builds, Lightchain AI is carving out a prominent place in the rapidly evolving cryptocurrency and DeFi landscape. The Rise of Lightchain AI- A Revolutionary Blockchain-AI Integration Lightchain AI is revolutionizing the convergence of blockchain and artificial intelligence by introducing innovative solutions to longstanding challenges. Its Proof of Intelligence (PoI) consensus mechanism rewards nodes for executing valuable AI computations, enhancing network security and efficiency. At the core of its ecosystem is the Artificial Intelligence Virtual Machine (AIVM), which facilitates real-time AI tasks directly on the blockchain, ensuring scalability and privacy. By seamlessly integrating AI with blockchain technology, Lightchain AI is poised to transform industries such as healthcare, finance, and logistics, offering decentralized, transparent, and efficient solutions. Limitations of Toncoin and Solana- Why Investors Are Seeking Alternatives Investors are increasingly seeking alternatives to Toncoin and Solana due to several limitations. Toncoin’s growth is closely tied to Telegram’s ecosystem, which limits its broader appeal. Additionally, its utility remains largely confined to payments and basic decentralized applications, lacking groundbreaking features to distinguish itself in the rapidly evolving blockchain space. Solana, despite its high throughput and low transaction fees, faces challenges such as network outages and security vulnerabilities. Its reliance on a limited number of validators raises concerns about centralization, and the sophisticated technology can present a steep learning curve for developers. These issues have prompted investors to explore more robust and innovative platforms that offer better scalability, security, and decentralization. Why Lightchain AI is the Future of Decentralized Innovation Lightchain AI is poised to lead decentralized innovation by seamlessly integrating artificial intelligence with blockchain technology. Its roadmap outlines a strategic progression: Prototype development is scheduled for November 2024, focusing on the introduction and testing of the Proof of Intelligence (PoI) consensus mechanism and the Artificial Intelligence Virtual Machine (AIVM). By January 2025, the testnet rollout will enable real-world testing of AI workloads and validation mechanisms. Finally, the mainnet launch in March 2025 will mark the full deployment of PoI and AIVM, paving the way for industry-wide adoption. Security is a cornerstone of Lightchain AI’s design. The PoI consensus mechanism enhances network security by rewarding nodes for performing valuable AI computations, ensuring that network activity contributes to meaningful outcomes. Additionally, the AIVM provides a specialized execution environment for AI tasks, enabling seamless deployment of AI-powered applications on the blockchain. By addressing scalability, privacy, and efficiency challenges, Lightchain AI offers a robust and secure platform for decentralized applications, positioning it at the forefront of technological evolution. https://lightchain.ai https://lightchain.ai/lightchain-whitepaper.pdf Tweets by LightchainAI https://t.me/LightchainProtocol
In a recent announcement, Optimism highlighted its successful Retro Funding initiative, emphasizing its commitment to the Ethereum ecosystem. Since the launch, the project has distributed over 15 million OP tokens
Rising Treasury yields as a result of falling bond prices Tuesday knocked tech stocks in the Nasdaq Composite down nearly 2%. Aside from BTC, Ethereum fell nearly 8%, Ripple dropped by 6%, and Solana slumped by nearly 10% in the 24-hour window. BTC Price Retraces Jan 6 Bump on New Congress Going into the work week, Bitcoin’s price picked up steam on Sunday after trading flat over Friday and Saturday around the $98,000 handle as it spiked to over $102,500 on Tuesday morning. That was most likely a result of the blockchain market’s enthusiasm for the incoming pro-cryptocurrency Republican Congress. US delegates for the 119th Congress took their oaths of office on Monday after convening in Washington, DC, on Jan. 3. Ripple Labs CEO Brad Garlinghouse, who oversees development for XRP—the third-most capitalized token without stablecoins (behind Bitcoin and Ethereum)— recently hailed the 119th as “the most pro-crypto Congress in history.” But on Tuesday, market euphoria over the new regime in Washington faded fast as a surge in US Treasury bond yields depressed prices for risk assets broadly. Cryptocurrencies like Bitcoin weren’t the only growth-oriented high-risk/reward assets to fall on Tuesday. Bitcoin’s Price Slumps on Treasury Yields The Nasdaq Composite focused heavily on the tech sector, fell by more than 2.5% before the close of Wall Street markets at 4 pm US Eastern Standard Time. By the end of the day, the Nasdaq had lost nearly 2% after recovering some in intraday trading. The Institute for Supply Management published new data on Tuesday indicating faster growth in December than analysts expected. Consequently, markets lost their nerve for US Treasury bonds on fears of more inflation in the US dollar. When the dollar weakens, and prices move up in a growing economy, bond coupons and their principal investment due back to the note’s owner on the maturity date lose value. So, markets sell them at a discount, causing bond yields to rise. Several analysts in retail and institutional finance have posted some exciting predictions for Bitcoin’s price in 2025. The sentiment overall for a continuing rally has been broadly bullish so far in January. The post Could Plunging Treasury Yields Be Why BTC Price Slumped Tuesday? appeared first on CryptoPotato .
China’s currency, the renminbi, has weakened to its lowest level in 16 months, owing to market concerns over potential sharp tariff increases from the incoming Trump administration. The onshore renminbi fell 0.1% on Wednesday to Rmb 7.34 against the US dollar, its weakest since September 2023. According to a Financial Times report , the decline occurred despite the People’s Bank of China (PBoC) maintaining a steady daily fixing rate ahead of Donald Trump’s inauguration. The renminbi’s exchange rate, which is allowed to trade within a 2% band of the PBoC’s daily rate, is now nearing the lower limit of that range. Analysts attribute the selling pressure to fears that proposed tariffs on Chinese goods could push Beijing to weaken its currency further, offsetting the impact on exports. International trades are an imperative component of China’s economic growth, because domestic demand is currently at a low. Market speculation and currency policy The drop in the onshore yuan, which sank below the 7.3 mark to a 14-month low earlier this week, has sparked speculation that the PBoC may adopt a more lenient approach to currency depreciation. Ju Wang, head of greater China foreign exchange and rates strategy at BNP Paribas, noted that the market has been pricing in these concerns since the US election. “ The market doesn’t want to give up, ” Wang said, adding that the central bank appears to be in “wait-and-see mode.” Wee Khoon Chong, a senior markets strategist at BNY Mellon, echoed these sentiments, citing market impatience for more significant movement in the renminbi. The currency’s slide coincides with strong US economic data, which has boosted the dollar and intensified selling pressure on the Chinese currency. Trade war 2.0 fears grow Concerns of a renewed “Trade War 2.0” under Trump have added to the yuan’s downward bias. The US President-elect’s campaign rhetoric echoed higher tariffs on Chinese imports. Markets fear that Beijing may strategically allow the renminbi to weaken to preserve its export competitiveness. These fears have reignited memories of past trade tensions, with both sides employing economic tools to gain leverage. While China’s currency faces pressure, a broader movement among BRICS nations seeks to reduce reliance on the US dollar in global trade. Currently, the dollar dominates approximately 90% of global transactions and accounts for half of all international trade. BRICS leaders argue that de-dollarization is not only a financial risk management strategy but also a way to mitigate exposure to US sanctions. Ray Dalio, CEO of Bridgewater Associates, emphasized the risks associated with holding US dollar-denominated assets. “ Sanctions mean freezing assets like US Treasury bonds. There’s concern among nations about being vulnerable to such measures ,” Dalio said. He added that direct transactions in local currencies could offer an alternative to using the dollar as an intermediary. Trump’s fiery stance on de-dollarization and BRICS When president-elect Donald Trump was campaigning for a return to the White House, has vowed to counter de-dollarization efforts. At a rally in Wisconsin, Trump pledged to maintain the dollar’s status as the world’s reserve currency. “ Many countries are leaving the dollar ,” he said. “ They’re not going to leave the dollar with me. ” Trump also warned that nations abandoning the dollar would face steep penalties , including 100% tariffs on their goods. Much like China, BRICS leading nation Russia is also facing a mountain of economic hurdles, although President Putin’s government is making bold moves to counter inflation. Russia’s central bank held its benchmark interest rate at 21% on Wednesday, defying widespread expectations of another increase to combat soaring inflation . Governor Elvira Nabiullina defended the decision, citing a need to pause after a series of aggressive rate hikes. The decision comes as Russia faces double-digit inflation and a sharp depreciation of the ruble, exacerbated by the economic pressures of its ongoing conflict in Ukraine. President Trump vowed to end the Ukraine-Russia war when he assumes office, much to the dismay of the latter nation. President Putin recently acknowledged the challenges of managing what he termed an “overheating” war economy. Critics within Kremlin-linked circles have expressed dissatisfaction with the central bank’s tight monetary policy, arguing it stifles the country’s economic growth. A Step-By-Step System To Launching Your Web3 Career and Landing High-Paying Crypto Jobs in 90 Days.