According to COINOTAG on December 17, Matthew Sigel, the head of digital asset research at VanEck, shared insights on the Coin Stories podcast regarding the future trajectory of Bitcoin prices.
The Security Alliance (SEAL) has issued a dire warning to LastPass users: transfer your crypto funds if your private keys were stored there prior to December 2022. The recent theft
White hat organization Security Alliance (SEAL) urged users to transfer crypto funds from LastPass if their private keys had been stored there since December 2022 or earlier.
Grayscale, a prominent digital asset manager, has introduced the Grayscale Horizen Trust (HZEN), which allows eligible investors to access ZEN tokens via a regulated investment product. The decision by Grayscale to allow the Horizen Trust to be available for purchase by qualified investors comes at a time when institutional investment in cryptocurrencies has skyrocketed; this has seen some of the biggest companies make huge purchases, especially with the launch of Bitcoin Exchange-Traded Funds (ETFs). Grayscale launched the Horizen Trust for secure ZEN token exposure The Horizen Trust is designed to offer investors a secure and regulated way to gain exposure to ZEN tokens. ZEN tokens are part of the Horizen blockchain platform, known for its focus on privacy and scalability. A Grayscale Horizen Trust offering ZEN tokens in the form of securities exemplifies the firm’s move toward bridging traditional finance and cryptocurrency markets. Designed for accredited and institutional investors, the fund provides secure and compliant entry into Horizen’s blockchain ecosystem. Grayscale expands portfolio with new cryptocurrency Trusts Grayscale is well known for its Bitcoin and ETH exchange-traded funds (ETFs), including Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE). As of December 16, the Grayscale Horizen Trust was trading at a market price of $6.40 per share, managing approximately $8.7 million in assets. This launch further expands Grayscale’s growing portfolio of cryptocurrency funds. Recently, the firm unveiled trusts for Lido DAO (LDO) and Optimism (OP), giving investors access to the Grayscale Lido DAO Trust and Grayscale Optimism Trust. With these new products, customers now have access to two important Ethereum ecosystem projects for institutional investors. In addition, Grayscale Investments recently announced the launch of the “Grayscale Chainlink Trust,” designed to give institutional investors the possibility to participate in Chainlink (LINK) through a regulated security. This trust passively invests in LINK, thus eliminating the burden of holding or managing cryptocurrency directly. Earlier in the year, Grayscale also launched three trusts to invest in the native protocol tokens of Sky (previously MakerDAO), Bittensor, and Sui, respectively. Grayscale’s announcement underscores the growing acceptance and integration of digital assets into mainstream investment portfolios. United States regulators are mulling permitting Grayscale Digital Large Cap Fund (GDLC), which holds a diverse portfolio of cryptocurrencies, as an ETF. Land a High-Paying Web3 Job in 90 Days: The Ultimate Roadmap
The regulator hopes to bolster clarity by establishing “clear and consistent ‘rules of the game’" for crypto firms and consumers.
On December 17, COINOTAG reported a notable trend in the cryptocurrency market. According to data from @ai_9684xtpa, large investors, often referred to as whales, have accumulated a significant position of
“The seeds of a currency war are already being sown,” an expert has warned, as Trump’s policies risk inflaming devaluations, dollar volatility, and global economic instability. Currency Wars Loom as Trump’s Policies Threaten Global Market Stability Nigel Green, CEO of the wealth management advisory firm Devere Group, has raised concerns about the growing likelihood of
Prominent exchange listings often ignite massive price surges for lesser-known tokens, especially during a bull market. South Korean crypto exchange giant Upbit’s announcement to list MOCA Network (MOCA), for one, has had a dramatic effect on its market performance. Whale Moves Millions in MOCA After Upbit announced the listing of MOCA, its price surge prompted two wallets, likely linked to the same whale, to deposit 9.5 million MOCA tokens worth $3.55 million to Bybit. If these tokens are fully sold at the current price levels, the whale stands to make an impressive profit of $2.55 million, highlighting the significant market impact and profit potential tied to strategic token movements following major exchange listings, according to data compiled by Lookonchain. Over the past 24 hours alone, MOCA has experienced a whopping 160% rally, briefly reaching $0.426 before stabilizing near $0.22. This price surge was accompanied by an astonishing 7,500% increase in trading volume, which now stands at $1.32 billion, and a market capitalization spike of over 205% to $341.61 million. As per the official update , Upbit launched Korean Won, Bitcoin (BTC), and USDT trading pairs for MOCA. For the uninitiated, MOCA is the utility and governance token of a decentralized ecosystem called Mocaverse, which is a flagship project of the Hong Kong-based Web3 giant Animoca Brands Group. $10M Funding Round For Mocaverse Beyond its market performance, Animoca Brands recently announced a $10 million funding round for Mocaverse. The funding, supported by major investors like OKX Ventures, CMCC Global, and HongShan, is aimed at expanding Mocaverse’s interoperable infrastructure for consumer crypto adoption. With MOCA’s fully diluted valuation at $1 billion, Animoca said that it is strategically building the Realm Network to advance Web3 interoperability and digital property rights. Mocaverse’s rapid growth is evident in initiatives like the Moca ID, which has already registered over 1.79 million IDs and fostered partnerships with prominent platforms such as Pixels, Trust Wallet, and OKX Wallet. Future collaborations with high-profile partners like the TON Foundation and Anime Foundation aim to onboard millions of users to the Moca Network. The post Upbit’s MOCA Listing Sparks 7,500% Trading Volume Explosion appeared first on CryptoPotato .
The post RLUSD Stablecoin Sparks Bidding War with Offers Up to $2,000 appeared first on Coinpedia Fintech News Ripple’s RLUSD stablecoin is all set to launch on Tuesday, creating a buzz across the crypto world. With listings on platforms like Uphold, MoonPay, Archax, and CoinMENA, excitement is at an all-time high. But there’s more to this story than meets the eye. Some enthusiasts are willing to pay thousands for just a tiny piece of RLUSD before its official release. People Are Already Paying Premiums—Here’s Why On-chain marketplaces like Xaman have become the center of activity. Collectors and traders are placing huge bids just to get early access to RLUSD. Some are offering up to 836 XRP—about $2,068—for a fraction of the stablecoin. Considering RLUSD is meant to be pegged at $1, these prices are… surprising, to say the least. Source : X.com Ripple’s CTO, David Schwartz, chimed in on the unusual bidding frenzy. In a post on Sunday, he shared his thoughts on why people are paying so much. “There actually is someone willing to pay $1,200 for a tiny fraction of RLUSD,” he said. Schwartz believes these buyers might see value in being among the first to hold RLUSD, even if it doesn’t make financial sense. Temporary Shortages, Temporary Chaos Ripple expects early supply shortages to create some price volatility. This isn’t unusual for a new token launch. As Schwartz pointed out, RLUSD’s price will stabilize quickly once liquidity increases. He reminded everyone that the whole point of a stablecoin is… stability. So why the chaos? Part of it comes down to hype and speculation. Whenever a new token or NFT drops, some people are willing to pay a premium to own a piece of history. It’s a trend we’ve seen before in crypto markets. But Schwartz had a clear warning for buyers: “Please don’t FOMO into a stablecoin! This is not an opportunity to get rich.” What to Expect Next Despite the temporary craziness, Ripple has systems in place to keep RLUSD on track. The stablecoin will always be redeemable for $1, thanks to a solid redemption mechanism. Any major price swings will likely be short-lived, as traders (known as arbitragers) will step in to bring things back to normal. For now, all eyes are on Tuesday’s launch. RLUSD will likely face some initial bumps, but Ripple is confident the market will stabilize quickly. If you’re watching from the sidelines, just remember—patience pays.
Cryptocurrency prices today saw Bitcoin (BTC) making headlines again as it reached a new all-time high, touching $107,700. The global crypto market increased by 1%, reaching $3.72 trillion, while trading volume jumped 34% to $211 billion. In the altcoin market, Bitget Token (BGB) surged 16%, reflecting strong investor interest, while Cronos (CRO) gained 7%, indicating steady demand. The Fear and Greed Index climbed to 81, signaling extreme greed as optimism continues to dominate the market. Cryptocurrency prices today showcase BTC’s record-breaking momentum. Its new all-time high is driving bullish sentiment across the market. Increased trading activity and rising valuations reflect strong confidence among investors. Cryptocurrency Prices Today: BTC Hits New ATH, ETH, XRP Gain 2%, SOL Drops 4% Cryptocurrency prices today saw Bitcoin (BTC) hitting a new all-time high of $107,700, fueling market optimism. Ethereum (ETH) and XRP recorded 2% gains, reflecting steady buying interest, while Solana (SOL) dropped 4% due to profit booking. The overall market remains positive, driven by rising trading volumes and BTC’s strong upward momentum. Bitcoin Price Today Cryptocurrency prices today showed Bitcoin (BTC) trading at $106,256, marking a 2% increase in the last 24 hours. BTC recorded a 24-hour low of $103,320 and a high of $107,777, reflecting strong market activity. Its market cap stood at $2.11 trillion, while its trading volume reached $83 billion. Bitcoin’s dominance in the market remained steady at 56.46%. As per SoSo Value , BTC ETFs witnessed significant inflows of $218 million on Monday. Fidelity contributed $116 million to Bitcoin ETFs, followed by Ark and 21Shares with $47 million, and Bitwise with $30 million. Meanwhile, BlackRock’s ETF data is still awaited, keeping investors eager for updates. In other news, Michael Saylor proposed a framework for the U.S. to address its $36 trillion debt with Bitcoin. His innovative suggestion highlights the growing potential of Bitcoin in reshaping global financial strategies. Ethereum Price Today Cryptocurrency prices today highlighted Ethereum (ETH) price trading at $4,020, reflecting a 2% gain in the last 24 hours. ETH recorded a 24-hour low of $3,883 and a high of $4,108, showcasing steady upward movement. Its market cap stood at $484 billion, supported by a trading volume of $43 billion. Ethereum ETFs saw an inflow of $20 million, indicating continued investor interest. Bitwise accounted for $8 million of the inflow, while Fidelity purchased $4 million of ETH ETFs. BlackRock’s ETF data is still pending, leaving the market awaiting further updates. XRP Price Today XRP price was trading at $2.48, reflecting a 2% increase in the last 24 hours. The cryptocurrency recorded a 24-hour low of $2.344 and a high of $2.568, indicating a steady upward trajectory. With a market cap of $142 billion and a trading volume of $12 billion, XRP has solidified its position as the third-largest cryptocurrency by market cap, holding a 3.81% dominance. Analysts predict that XRP could surge to $7 following the launch of the RLUSD stablecoin. This development is anticipated to enhance XRP’s adoption and significantly impact its market trajectory. Solana Price Today Solana (SOL) price was trading at $214, experiencing a 4% drop in the last 24 hours. The cryptocurrency saw a low of $211 and a high of $223 during the same period, reflecting some volatility. With a market cap of $102 billion and trading volume of $5 billion, SOL is currently the 6th largest cryptocurrency by market cap. In other news, Messari’s 2025 Crypto Theses Report suggests that Solana could experience explosive growth in 2025. This potential surge is expected to come from increasing adoption and the growing influence of the Solana ecosystem in the broader cryptocurrency market. Meme Cryptocurrency Prices Today Top meme coins are showing bearish momentum today, with Dogecoin (DOGE) down by 1%, trading at $0.40. Shiba Inu (SHIB) also saw a 2% decline, trading at $0.00002706, reflecting the overall weakness in the meme coin market. Other notable meme coins such as PEPE, WIF, and BONK were also down by 2% to 3% at the time of writing. The trend suggests a temporary dip in investor sentiment towards meme-based cryptocurrencies. Top Cryptocurrency Gainer Prices Today Bitget Token Bitget Token (BGB) emerged as the top gainer today, with a 16% increase in price over the last 24 hours. It was trading at $3.65, with a 24-hour low of $3.091 and a high of $3.66, reflecting strong upward momentum. This significant price increase is attributed to Bitget, being granted a license to operate as a Bitcoin Service Provider by El Salvador’s Central Bank . This regulatory approval has fueled investor optimism, driving the surge in BGB’s price. Cronos Cronos (CRO) became the 2nd top gainer today, with a 7% increase in the last 24 hours. It was trading at $0.188, with a 24-hour low of $0.17 and a high of $0.19, reflecting solid upward movement. The cryptocurrency prices today show that CRO has a market cap of $5 billion and a trading volume of $131 million. Its strong performance highlights growing investor confidence and interest in the token. Virtual Protocol Virtual Protocol (VIRTUAL) was trading at $2.86, showing a 6% increase in the last 24 hours. The cryptocurrency recorded a 24-hour low of $2.70 and a high of $3.28, reflecting strong upward momentum in its price movement. Top Cryptocurrency Loser Prices Today Helium Helium (HNT) was trading at $8.48, showing an 11% drop in price, making it the worst performer for today. Its 24-hour low and high were $8.40 and $10.10, reflecting significant volatility in its price movement. Cryptocurrency prices today highlight the challenges Helium is facing, with the market sentiment turning bearish. Investors are keeping an eye on the cryptocurrency as it navigates this downward trend. GALA GALA price was trading at $0.045, experiencing a 10% drop in price over the last 24 hours. The cryptocurrency recorded a 24-hour low of $0.04483 and a high of $0.0502, indicating notable price fluctuations. With a market cap of $1.67 billion and a trading volume of $344 million, GALA is still actively traded despite the recent price decline. Cryptocurrency prices today reflect the challenges GALA is facing in a bearish market. Raydium Raydium (RAY) was trading at $4.89, showing a 9% drop in price over the last 24 hours. Its 24-hour low and high were $4.87 and $5.40, reflecting significant price fluctuations. Despite this decline, RAY continues to attract attention in the market, with investors closely watching its movement during this bearish period. In addition, the hourly chart shows positive momentum, with Bitcoin (BTC) up by 0.50% in the last hour. Major altcoins like Ethereum (ETH), XRP, and Binance Coin (BNB) have also seen gains in the past hour, suggesting a brief market recovery. Cryptocurrency prices today indicate a mixed trend across different assets. The post Cryptocurrency Prices Today Dec 17: BTC Crosses $107K, BGB Soars 16%, CRO Up 7% appeared first on CoinGape .