Ethereum's price dropped over 11%, falling below $3,300. Whales and the Ethereum Foundation contributed to the price decline. Continue Reading: Whales Trigger Ethereum Price Drop Below $3,300 The post Whales Trigger Ethereum Price Drop Below $3,300 appeared first on COINTURK NEWS .
Ex-Binance CEO CZ suggests Bitcoin will renew all-time high soon
The Bitcoin Reserve Act, proposed by U.S. Senator Cynthia Lummis, could signal a seismic shift in global Bitcoin adoption. The bill would allow the...
The cryptocurrency investments of the new US president, Donald Trump, who is at the forefront with his support for Bitcoin (BTC) and cryptocurrencies, are also closely followed by investors. While it is stated that Trump has altcoin investments such as TROG, Ethereum (ETH), Trump and WETH in the wallet detected by Arkham, the question of whether he has any other altcoin investments continues to be a matter of curiosity. At this point, Morgan Creek Capital Management CEO Mark Yusko recently spoke about Trump's cryptocurrency investments. In a recent interview with Scott Melker, Yusko revealed that Trump and his son have invested heavily in assets like HBAR and XRP, which could be approved for ETFs next year. The famous CEO also said that Trump has also invested heavily in Bitcoin. While Yusko stated that Trump and his son invested in XRP, Yusko said that he was not a fan of XRP and did not invest in it. The famous CEO noted that XRP and Cardano (ADA) lack intrinsic value. In contrast, he praised Circle’s stablecoin USDC, which is backed by real dollar reserves, as an example of a more robust and transparent digital asset. *This is not investment advice. Continue Reading: Famous CEO Announced: "Trump Invests Heavily in These Two Surprise Altcoins Apart from Bitcoin, ETF Approval May Come!"
We’re not quite there yet but 2025 is already shaping up to be a banner year for crypto. SUI is making an early move for glory with infrastructure developments, while SOL’s activity is skyrocketing thanks to a new NFT token. Read on to find out why 1FUEL’ s cross-chain transactions may easily surpass both SUI and SOL in the New Year with projected returns north of 500%. SUI is catching momentum and hitting all-time highs as 2025 beckons SUI is striding into the New Year with a spring in its step after hitting an all-time high on 16 December. SUI reached a high of $4.98 mid-month but this latest milestone is just one in a series of price targets it has smashed since October. If we look at 2024 in its entirety, SUIprices have gained 520%. As a result, analysts are now targeting a new price high of $6.66 to come next year. SUI’s trend line suggests a continuation of this bullish price action. Trading volumes and Total Volume Locked (TVL) are also increasing in tandem. Investments in SUI’s infrastructure are also proving attractive to institutional investors and set the right course for 2025. Some of the key developments include updates to its Move programming language and the addition of Circle's USDC. Also firmly on the ascent is 1FUEL . The secure crypto wallet’s unprecedented take on cross-chain transactions has won over whales and analysts alike during a viral presale. With gains of 1091% expected, it is one to watch in 2025. SOL leads blockchain activity heading into the New Year SOL is also in the running to dominate in 2025 following the launch of the PENGU token on the blockchain. SOL welcomed the NFT token on Tuesday and on that same day, it set a new total transactions record. Artemis data shows 66.9 million transactions recorded. This figure means SOL outshone all other major chains, with more transactions taking place on SOLalone than with all of its rivals combined. On the same day, SOL also saw its stock rise, with prices peaking at $229. It also set the pace in DeFi trading volume and active addresses. These figures are a clear show of strength heading into 2025 and position SOL as a major disruptor. 1FUEL is already revolutionizing blockchain technology with its one-click, cross-chain transactions It may be a newcomer but the secure crypto wallet, 1FUEL is already being seen as a game changer when it comes to blockchain technology. Its pioneering take on cross-chain transactions requires just one click from users. After they choose their preferred token or coin, 1FUEL’s advanced AI technology takes over to handle all the traditional complexities associated with blockchain technology. With one click and endless possibilities, 1FUEL ticks all the boxes for seamless transactions, streamlined user experiences, enhanced accessibility, high utility, welcome efficiency, privacy, and security. 1FUEL’s technology empowers users by providing straightforward access to digital currencies and secure crypto wallets. It does away with manual exchanges and manual swaps, so users new to crypto are no longer locked out. By opening up digital asset management to the masses, 1FUEL could be one of the biggest blockchain revolutions since the arrival of blockchain technology itself. Be a part of the future of blockchain, today The 1FUEL presale is happening right now. This gives you a unique opportunity to be a part of the future of blockchain technology today. With projected returns of 500% during presale alone, don’t delay. Join now. If you would like to find out more information about the presale: Presale: https://www.1fuel.io/ Telegram: https://t.me/Portal_1Fuel X: https://x.com/1fuel_?s=21 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.
World Liberty, the crypto project backed by the Donald Trump family, has bought the dip with another $2.5 million spent on Ethereum. Data from Arkham Intelligence showed that World Liberty doubled down on its Ethereum (ETH) bet as the altcoin…
World Liberty, the crypto project backed by the Donald Trump family, has bought the dip with another $2.5 million spent on Ethereum. Data from Arkham Intelligence showed that World Liberty doubled down on its Ethereum ( ETH ) bet as the altcoin fell alongside Bitcoin ( BTC ) and other crypto assets. The project, which has recently acquired multiple cryptocurrencies to bolster its decentralized finance offerings, used $2.5 million in the stablecoin USDC ( USDC ) to purchase 759.36 ETH. Arkham data indicated the transaction was completed via intent-based trading platform Cow Protocol, with an average purchase price of $3,651 per ETH. Read more: World Liberty Financial swaps $10M cbBTC to Wrapped Bitcoin ETH price decline World Liberty capitalized on the latest crypto dip to expand its altcoin portfolio. With Bitcoin dipping to under $93k on Dec. 20, Ethereum and most other cryptocurrencies followed suit. ETH dropped to approximately $3,100, experiencing a significant decline amid a broader crypto market sell-off. This decline saw World Liberty’s recently acquired crypto suffering notable declines. According to smart money account Lookonchain , the Trump family project’s total loss amid the crash reached $6.15 million. Its ETH holdings saw the biggest loss with $4.86 million at the time. Currently, World Liberty Financial holds approximately 16,400 ETH, valued at $53.73 million. In total, Arkham data shows the project’s crypto holdings are worth over $73.9 million. You might also like: Ethereum price crashes to key support as ETH ETF inflows surge
Binance Futures to Launch USD-Margined AIXBT, FARTCOIN, KMNO, and CGPT USDT Perpetual Contracts with up to 75x Leverage ————— 💰Coin: CGPT ( $CGPT ) $0.1853 ————— NFA.
Economic data has long been the cornerstone of decision-making, from government policy to financial markets. Yet, the systems that provide this data often lag badly and are prone to manipulation. Enter Truflation’s TRUF.Network to form a decentralized economic database. Just launched this week, TRUF.Network reimagines how economic data is sourced, validated, and delivered, supplying DeFi builders with a rich trove of real-world financial metrics. For projects working within onchain verticals such as RWAs, AI, and prediction markets in particular, TRUF.Network’s debut is sure to be anticipated. What makes TRUF.Network different At its core, TRUF.Network is a web3 layer capable of aggregating and validating economic data in real time. It harnesses over 30 million data points across 80+ providers, offering insights into inflation rates, commodity prices, housing metrics, and much more. Daily inflation updates eliminate the reliance on outdated monthly summaries, providing more timely and accurate insights. This real-time data allows DeFi platforms to integrate precise information for the development of synthetic assets and inflation-resistant financial products. A globally distributed network of node operators ensures the integrity of TRUF.Network’s data by validating and computing metrics directly onchain. This eliminates the risk of central points of failure and ensures transparency when it comes to verifying data accuracy. Bringing all the data onchain With the launch of TRUF.Network, Truflation isn’t just intent on providing information: it aims to make on- and off-chain data a resource for diverse DeFi innovation. Developers can take raw metrics and use them to craft custom financial indexes. Data providers, meanwhile, can monetize their contributions, ensuring that the quality of onchain information is not only decentralized but also widely accessible, with a globally distributed network of nodes ensuring redundancy. This approach turns data from a static asset into a dynamic, problem-solving tool. TRUF.Network delivers localized inflation indexes for emerging markets and supports launching prediction markets based on commodity trends. For end-users, the benefits are also evident—whether it’s hedging against inflation or streamlining treasury management, TRUF.Network equips DeFi users with actionable insights. Efficiency through transparency Earlier this month, Truflation founder Stefan Rust penned an open letter to the Department of Government Efficiency (D.O.G.E.), suggesting the agency adopt Truflation’s tools for improving financial transparency and streamlining economic policy. He pointed to Truflation’s success in Argentina, where it acts as an independent verifier of inflation metrics, as proof of what blockchain technology can achieve. Rust sees clear parallels between the Elon Musk-led D.O.G.E. and Truflation: both organizations are committed to restoring public trust through the provision of greater transparency when it comes to economic decisions. While it remains to be seen whether the agency will take up his offer, the open letter underscores Truflation’s ambition to transcend the world of DeFi and become a transformative force in championing independent economic data. The post DeFi gets the data layer it deserves as TRUF.Network launches appeared first on Finbold .
Vivek Ramaswamy’s account on X was hacked to falsely announce a partnership between the U.S. Department of Government Efficiency and USUAL. The post claimed a partnership between the U.S. Department of Government Efficiency and the stablecoin issuer USUAL, stating that…