Bitcoin Hits $108K: New Record as Confidence Grows

Bitcoin has reached an all-time high of $108,264 , continuing its impressive upward trend. The cryptocurrency is trading at $108,223 , marking a 2% increase over the last 24 hours. Bitcoin’s price has surged nearly 60% since the U.S. elections, driven by growing confidence in President-elect Donald Trump’s pro-crypto stance. Trump has pledged to create a strategic Bitcoin reserve and nominated crypto supporter Paul Atkins to replace current SEC Chair Gary Gensler, who has been criticized for his anti-crypto policies. Institutional interest has been a major factor in Bitcoin’s rise. More than 70 public companies now hold Bitcoin as part of their financial strategy. Michael Saylor , chairman of MicroStrategy, described Bitcoin as the “ Cyber Manhattan ” of this digital age, comparing its value to real estate in Manhattan—always worth owning. MicroStrategy, a leader in corporate Bitcoin holdings, now owns 439,000 BTC, valued at around $46 billion. Corporate rules are also shifting in Bitcoin’s favor. The Financial Accounting Standards Board (FASB) has updated regulations, allowing companies to include Bitcoin on their balance sheets without negative accounting impacts. James Lavish, from the Bitcoin Opportunity Fund, noted that this change is further legitimizing Bitcoin as a corporate asset. Investor confidence has soared since Trump’s election win. The number of “whales”— large Bitcoin holders —has skyrocketed. According to on-chain analyst Ali Martinez, Bitcoin whales have purchased over 70,000 BTC worth $7.28 billion in just 48 hours, fueling the recent price rally. Optimism is also rising due to MicroStrategy’s inclusion in the Nasdaq 100 index, set for December 23. Analysts expect Bitcoin to maintain its upward momentum, predicting prices could reach between $150,000 and $200,000 by the end of 2025. As corporate adoption expands and regulatory support strengthens, Bitcoin continues to set new milestones. Many investors now view the cryptocurrency as a critical long-term asset.

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The Largest Liquid Staking Protocol Project Has Decided to Stop Staking Services for Polygon PoS Chain! Here Are the Details

Lido, the largest liquid staking protocol by total value locked (TVL), has begun terminating staking services for its Polygon PoS chain following a community-approved vote in November. Lido Begins to Phase Out Staking Service for Polygon PoS Chain Lido’s integration with the Polygon PoS network allowed users to stake Polygon’s native MATIC tokens in exchange for liquid staking tokens called stMATIC. However, the protocol officially shut down the Polygon staking service on Monday, with users able to withdraw their funds until June 16, 2025. According to the official announcement, withdrawals will still be possible after this date but will require the use of explorer tools. Lido attributed this decision to a combination of challenges that prevented the service from achieving its desired impact. “Lido on Polygon encountered significant challenges in achieving its intended impact,” the memorandum said. “A variety of factors contributed to this situation: limited user adoption, insufficient rewards, resource-intensive maintenance requirements, and evolving ecosystem dynamics.” The announcement also noted that the focus of token holders is shifting towards Ethereum, where Lido continues to dominate as the leading liquid staking provider. Earlier this year, Lido DAO approved a “community staking module” initiative that aims to make Ethereum solo staking more accessible and inclusive. The move mirrors Lido’s decision to shut down its Solana staking service last year, when operating losses of $484,000 far exceeded revenues of $220,000. Lido continues to be the largest liquid staking protocol for Ethereum and maintains its position as the top decentralized finance (DeFi) protocol by TVL. At the time of writing, Lido’s TVL stands at approximately $39.3 billion, underscoring its continued dominance in the liquid staking sector. *This is not investment advice. Continue Reading: The Largest Liquid Staking Protocol Project Has Decided to Stop Staking Services for Polygon PoS Chain! Here Are the Details

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Internet Computer price prediction 2024-2030: Is ICP a good investment?

Key takeaways Internet Computer’s price prediction for 2024 projects a maximum price of $16.37. Internet Computer protocol price forecast for 2027 expects the token to reach a peak price of $54.93 By 2030, ICP’s price might reach a maximum price of $163.70. Internet Computer (ICP) is a groundbreaking blockchain network developed by the DFINITY Foundation. It aims to extend the functionality of the internet, enabling it to host backend software, and transforming it into a global, decentralized computer. The network leverages advanced cryptography and innovative technology to provide scalable, efficient, and secure decentralized applications (dApps). Given its robust technology and expanding utility, the future price prospects for ICP look promising. As more developers build on the platform and adoption increases, the ICP token demand will likely rise. Will ICP reach $100? Let’s get into the current price analysis and predictions. Overview Cryptocurrency Internet Computer Token ICP Price $12.78 Market Cap $4,221,720,015.38 Trading Volume $247,455,842.70 Circulating Supply 474,348,593.62 ICP All-time High $750.73 May 10, 2021 24-h High $13.09 24-h Low $12.43 Internet Computer technical analysis Metric Value Price Prediction $47.54 (229.48%) Volatility 19.30% 50-Day SMA $ 9.20 14-Day RSI 82.38 Sentiment Neutral Fear & Greed Index 84(Extreme greed) Green Days 19/30 (63%) 200-Day SMA $ 9.08 Internet Computer price analysis: ICP shows upward momentum at $12.78 as the bullish pattern continues TL;DR Breakdown ICP price analysis is bullish today. Internet Computer (ICP) is gaining momentum, with a 2.31% rise over the last 24 hours. Key support is holding strong at $12.43, while resistance looms at $13.08. The Internet Computer price analysis for December 17th reflects a bullish trend, showing significant upward movement to $12.78. The ICP highlights increased buying activity, especially in the later hours, pushing the price above previous resistance levels. The overall market sentiment suggests the potential for further upside if ICP maintains support above $12.43. The resistance level is around $13.08, and selling pressure could intensify. If the bulls sustain momentum, a breakout could lead ICP toward the $14.00 mark in the near term, signaling a continuation of the recovery trend. ICP price analysis for 4-hour: ICP price holds steady at $12.78 amid cautious market sentiment The 4-hour ICP price analysis shows a steady upward price movement, with ICP trading around the $12.78 range. The price has experienced a gradual recovery after earlier dips, indicating a bullish trend as buying pressure increases. ICP/USD chart. Source TradingView The RSI is at 47.79, suggesting that buying pressure is present but not yet approaching overbought conditions. The CMF (Chaikin Money Flow) stands at -0.14, indicating a slight increase in buying interest. ICP 1-day price analysis: ICP recovers to $12.817 with positive momentum In the 1-day ICP chart, the price has gradually recovered, currently trading at $12.817 after reaching a low of around $12.44. The upward trend suggests some strength, but overall the price remains in the consolidating range as it tries to break above resistance near $13.08. ICP/USD chart. Source TradingView The RSI is currently at 52.64, indicating that the market is neither oversold nor overbought. The CMF indicator shows a value of 0.15, reflecting modest capital inflows, suggesting positive buying interest in the market. ICP technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $12.16 BUY SMA 5 $12.52 BUY SMA 10 $12.03 BUY SMA 21 $11.03 BUY SMA 50 $9.20 BUY SMA 100 $9.20 BUY SMA 200 $10.04 BUY Daily exponential moving average (EMA) Period Value Action EMA 3 $10.71 BUY EMA 5 $9.89 BUY EMA 10 $9.09 BUY EMA 21 $8.68 BUY EMA 50 $8.46 BUY EMA 100 $8.64 BUY EMA 200 $9.19 BUY What to expect from ICP price analysis The ICP price movement reflects a gradual upward trend, reaching $12.78, with increased momentum observed in recent sessions. This improvement suggests that the asset has gained buying pressure and market interest. Although it experienced periods of volatility, the current trend indicates a potential recovery phase. However, investors should remain cautious, as ICP may still face resistance at higher levels, and market conditions could impact the sustainability of the uptrend. Is Internet Computer a good investment? The Internet Computer (ICP) has shown significant potential and volatility since its launch, which is common for relatively new and ambitious blockchain projects. Its technology aims to decentralize the internet and bring smart contract functionality to the web, which could have wide-ranging implications for the future of web speed. However, the market performance of ICP has been highly volatile, and its success depends heavily on the adoption of its technology and the broader market environment for cryptocurrencies. Will Internet Computer reach $25? Yes, Internet Computer ICP might reach and surpass $25. Expert analysis shows that ICP could potentially reach $23 by 2025, and $40 by 2027, indicating a strong possibility of exceeding the $25 mark. Will Internet Computer reach $50? Yes, Internet Computer is expected to reach $50. Projections for 2027 suggest ICP could reach up to $54.93. Will Internet Computer reach $100? Internet Computer is likely to reach $100 by 2030. Does Internet Computer have a good long-term future? Yes, Internet Computer shows a promising long-term future. Price predictions indicate steady growth, with a potential increase year-on-year, reflecting a positive trend and strong market potential. Recent news/opinion on ICP ICP collaborates with ETH AI Center to advance AI and Web3 innovation #ICP is redefining how AI achieves its full potential—secure, decentralized, and built for the future 🌐 The collaboration with @ETH_AI_Center will advance AI and Web3 innovation into realizing this goal. Read more: https://t.co/XFg9CLNI0E pic.twitter.com/IoACsSYhu8 — DFINITY (@dfinity) December 9, 2024 ICP makes crypto’s top 10 AI & Big Data projects – Santiment report * The following post has been republished after ICP's community has graciously and correctly pointed out their heavy overlap in the AI space, and its omission from our development activity list for the sector. Our prior exclusion was not one that had intent behind it. Rather,… pic.twitter.com/jmiu636OUG — Santiment (@santimentfeed) December 4, 2024 Internet Computer price prediction December 2024 In December 2024, ICP is expected to see a price range with a minimum of $14.77, an average of $16.20, and a maximum of $17.94. This forecast suggests a modest increase in ICP’s value, reflecting a potential upward trend in the coming month. Month Minimum price Average price Maximum price ICP price prediction December 2024 $14.77 $16.20 $17.94 Internet Computer price prediction 2024 For Q4 of 2024, ICP’s price is projected to range between a minimum of $14.40 and a maximum of $16.37, with an average estimate of $15.91. Year Minimum price Average price Maximum price ICP price prediction 2024 $14.40 $15.91 $16.37 Internet Computer price predictions 2025 – 2030 Year Minimum price Average price Maximum price 2025 $22.04 $22.67 $26.40 2026 $31.41 $32.31 $38.48 2027 $47.67 $49.29 $54.93 2028 $65.09 $67.55 $83.21 2029 $94.78 $98.16 $114.21 2030 $133.62 $138.52 $163.70 Internet Computer price prediction 2025 In 2025, analysts suggest a maximum price of $26.40 for ICP. Traders and investors can anticipate an average price of $22.67 and a minimum price of $22.04. Internet Computer price forecast 2026 In 2026, projections suggest that Internet Computer (ICP) could peak at $38.48, with a minimum forecasted at $31.41 and an average of around $32.31. Internet Computer token price prediction 2027 In 2027, ICP could potentially reach a high of $54.93, with a projected low of around $47.67 and an average trading price of approximately $49.29. Internet Computer ICP price prediction 2028 The 2028 forecast indicates that ICP could reach up to $83.21, with an average price forecasted at $67.55 and a minimum expected around $65.09. Internet Computer ICP price prediction 2029 In 2029, ICP is expected to fluctuate between $94.78 and $114.21, with an average projected price of $98.16. Internet Computer ICP price prediction 2030 By 2030, projections indicate that the price of Internet Computer could potentially achieve a peak price of $163.70 with a projected minimum of around $133.62 and an average of approximately $138.52. ICP price prediction 2024 – 2030 Internet Computer market price prediction: Analysts’ ICP price forecast Firm Name 2024 2025 Changelly $9.93 $10.03 CoinPedia $15 $19.5 Coincu $69.52 $115.87 Cryptopolitan’s Internet Computer (ICP) price prediction Cryptopolitan’s Internet Computer prediction showcases a gradual upward trajectory. In 2024, ICP is forecasted to range between $14.40 and $16.37, averaging around $15.91. Subsequent years show increasing potential, with projections for 2025 aiming at a maximum of $26.40 and averaging $132.31. By 2030, Cryptopolitan anticipates ICP could potentially peak at $163.70, with an average price of around $138.52. Internet Computer historic price sentiment ICP Price history ⏐ Coinmarketcap ICP began trading in June at $49.75. From June to August, it peaked at $128.43 and dropped to $37.61. From September to November, it fluctuated between $39.53 and $45.15, ending November at $38.18. From December to February 2022, it ranged from $18.14 to $24.64. From March to August 2022, ICP declined significantly from $14.55 to $5.66. Between September and November, it continued to drop, ending at $3.52 in November. From March to November 2023, ICP prices remained volatile, fluctuating between $2.88 and $6.49, ending November at $3.77. From December to February 2024, it increased to $12.58 before closing in February at $10.56. From March to May 2024, ICP ranged from $10.70 to $13.98, ending May at $11.21. From June to August, it fluctuated between $5.88 and $13.00 and traded around $9.55 to $9.98 in September. ICP touched a peak price of $8.655 in October and in November, it is currently trading in the $8.08-$9.03 range. The coin is currently trading in the $11.39-$12.99 range in December.

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Binance Alpha Showcases Early Crypto Opportunities

Binance has unveiled Binance Alpha, a new initiative aimed at spotlighting promising early-stage crypto projects and offering users the chance to discover the next big opportunities in the Web3 space. The newly launched Binance Alpha platform will operate as part of Binance Wallet, the exchange’s official Web3 wallet, and serve as a hub for projects The post Binance Alpha Showcases Early Crypto Opportunities appeared first on CryptoCoin.News .

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Ripple officially launches $RLUSD stablecoin, now live on these crypto exchanges

It is now confirmed! The Ripple USD (RLUSD) stablecoin has been officially launched by the titular San Francisco-based crypto company. At present, the stablecoin is intended to run on two networks concurrently: Ethereum and, of course, Ripple’s “native” ledger, XRP Ledger (XRPL). According to reports, RLUSD has already been officially made accessible to all users. Ripple’s team adds that “An enterprise-grade stablecoin built for everyone, $RLUSD combines fiat stability with blockchain efficiency.” Ripple USD (RLUSD) is now live on global exchanges. An enterprise-grade stablecoin built for everyone, $RLUSD combines fiat stability with blockchain efficiency: ➡️ Instant global payments, 24/7 ➡️ Seamless on/off ramps ➡️ Access value in real-world assets.… pic.twitter.com/lJ43GdoDGR — Ripple (@Ripple) December 17, 2024 The launch follows the approval by the New York State Department of Financial Services earlier this month. Ripple CEO Brad Garlinghouse has expressed excitement over the launch of the Ripple USD stablecoin. He described it as “an enterprise-grade stablecoin for everyone.” Ripple’s RLUSD goes live – Trade here Designed for trust, utility, and compliance, RLUSD is fully backed by U.S. dollar deposits, government bonds, and cash equivalents, with monthly third-party audits ensuring transparency. Ripple’s CEO shared on social media platform X that RLUSD would debut on Uphold, Moonpay, Coinmena, Archax, and Bitso — with Bullish, Mercado Bitcoin, Zero Hash, Independent Reserve, and Bitstamp “soon to follow.” Garlinghouse highlighted the regulatory rigor behind RLUSD, stating, “Ripple made a deliberate choice to launch our stablecoin under the NYDFS limited purpose trust company charter, widely regarded as the premier regulatory standard worldwide.” Source: Ripple Ripple Payments will incorporate RLUSD into its global operations early next year, capitalizing on its near-global reach and $70 billion yearly payment volume. However, note that the stablecoin will not initially be available on Coinbase or Robinhood. “Part of the impetus for us wanting to launch a stablecoin is the growth we’ve seen specifically in cross-border payments,” Jack McDonald, Ripple’s senior vice president of stablecoins, told CNBC . “As we’ve been using stablecoins more and more in our flows, that really piqued our interest that we should have our own native stablecoin that can be more cost effective and more operationally efficient to use.” Simon McLoughlin, CEO of Uphold, highlighted the company’s enthusiasm for Ripple’s innovation, stating, “It’s no secret that we’ve been big supporters of the XRP community and the innovation Ripple has brought to the industry.” “RLUSD is poised to play a significant role in the evolution of digital payments, enterprise finance, and beyond, and we are proud to be among the initial launch partners of Ripple’s first-ever stablecoin solution,” he added. RLUSD price fluctuations The stablecoin’s price initially fluctuated within a 20% range on several decentralized exchanges. However, according to XPMarket, the price of RLUSD has currently stabilized at $1. Ripple’s CTO, David Schwartz, recently issued a cautionary note regarding potential market dynamics, suggesting that an initial scarcity of stablecoin supply could trigger a price surge, contradicting the very essence of stability that these coins are designed to uphold. Ripple’s RLUSD launch comes at a time when demand for stablecoins is increasing. According to Ripple, the whole stablecoin market could skyrocket to $2 trillion by 2028. This is a result of the increase in demand for low-volatility fiat-pegged tokens. Ripple’s regulatory contingencies Ripple is not new to regulatory crackdowns and lawfare from the United States SEC. The team behind the stablecoin could not accommodate any of that this time around. To that end, Ripple brought in Raghuram Rajan, former Governor of the Reserve Bank of India (RBI), and Kenneth Montgomery, former COO of the Federal Reserve Bank of Boston, to its advisory board. Rajan highlighted the transformative potential of stablecoins in private payments, describing RLUSD as a secure and efficient alternative to conventional systems. Montgomery underscored RLUSD’s capacity to revolutionize global finance and broaden access to financial services. Armed with robust partnerships, regulatory support, and a commitment to innovation, RLUSD is on track to redefine the standards for stablecoins. XRP price action amid the launch Interestingly, following the launch of the stablecoin, the price of XRP fell by more than 2.3%, dropping to $2.4 per token at one time. This was most likely caused by investors trading the crypto for RLUSD for testing or simply for the sake of hype. However, that sentiment has turned bullish. The price of XRP (XRP) is trading at $2.59 today, with a 24-hour trading volume of $18,509,352,084. Source: CoinMarketCap Note that, the availability of RLUSD is dependent on jurisdiction. Garlinghouse described the launch as a natural evolution of the company’s work at the intersection of traditional finance and digital assets. From Zero to Web3 Pro: Your 90-Day Career Launch Plan

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PENGU Price Soars 800% As Pudgy Penguins Airdrop Goes Live

Pudgy Penguins’ PENGU token price has surged by over 700% following its launch and airdrop distribution. The Solana-based token recorded significant trading volume shortly after going live, reflecting strong demand from NFT holders and the wider crypto market. Pudgy Penguins Airdrop Goes Live The Pudgy Penguins NFT project released its native token, PENGU, on the Solana blockchain and allowed NFT holders to claim tokens via an airdrop. Holders of Pudgy Penguins, Lil Pudgys, Rogs, and soulbound tokens (SBTs) were eligible to participate in the airdrop, which went live at 8:00 a.m. ET. CEO of the project, Luca Netz said that in order to claim the tokens, the users would have to link both their Ethereum and Solana wallets. Moreover, the users were informed that they needed to have SOL token of at least $10 value in their wallets for the gas fees. The claim period will be 88 days, and any unused tokens will be burnt after that period elapsed. $PENGU is now live. CA: 2zMMhcVQEXDtdE6vsFS7S7D5oUodfJHE8vd1gnBouauv Learn more & how to claim your PENGU below. pic.twitter.com/ROWgq02YbF — Pudgy Penguins (@pudgypenguins) December 17, 2024 The airdrop also includes owners of Pudgy Toys – physical plush collectibles available at Walmart and Target among other retailers. The toys are connected with Igloo’s Ethereum Layer-2 Abstract Chain and the PENGU token owners will be able to bridge their tokens once the mainnet is out. PENGU Price Skyrockets Over 800% The PENGU token experienced a strong debut, achieving a trading volume of approximately $90 million in its first hour. Within 24 hours, the token price surged by 870%, reaching an all time high of $0.05 before settling at $0.0485. The token’s market capitalization reached $3 billion and placed PENGU among the 200 best cryptocurrencies by market capitalization. According to the data from CoinMarketCap, the total number of PENGU tokens is 88.88 billion tokens, among which 23.5% are from the airdrop, and another 12.3% is locked into liquid tokens on decentralized exchanges. One of the most significant transactions involved a trader who made a $8.36 million profit within 20 minutes through the token’s price surge. The trader bought 239.6 million PENGU using 23,742 SOL and then sold the tokens for 60,726 SOL. A trader made an incredible 36,984 $SOL ($8.36M) profit by trading $PENGU in less than 20 minutes. As soon as $PENGU launched, the trader spent 23,742 $SOL ($5.36M) to buy 239.6M $PENGU and later sold it for 60,726 $SOL ($13.72M). A massive profit! https://t.co/hIpkzxZjES pic.twitter.com/z5ZDKL3cfn — Lookonchain (@lookonchain) December 17, 2024 During this launch, several centralized exchanges, including Binance, OKX, and Bybit have included PENGU. Binance also revealed that it would enable PENGU on various products such as Binance Futures allowing for up to 75x leverage on PENGU/USDT Perpetual Contracts. At the same time, OKX also added the token to its spot trading market, indicating that more institutional investors are starting to pay attention to NFT-based tokens. NFT Market Reaction and Ecosystem Growth The release of PENGU has positively influenced the Pudgy Penguins NFT market. The floor price for the Pudgy Penguins collection increased to 34.1 ETH (approximately $136,000), marking a 2.6% rise. This places the collection as the second most expensive in the NFT market, following CryptoPunks. The Pudgy Penguins ecosystem has expanded beyond digital collectibles, with physical products like Pudgy Toys connecting to the Pudgy World metaverse. The project continues to strengthen its cultural presence through retail partnerships and broader community engagement across blockchain networks. Subsequently, PENGU’s launch on Solana represents a strategic step for the Ethereum-based NFT project, with plans to introduce cross-chain compatibility via LayerZero technology. This will enable seamless integration of PENGU across Ethereum and Solana networks, further enhancing its utility and adoption. The post PENGU Price Soars 800% As Pudgy Penguins Airdrop Goes Live appeared first on CoinGape .

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RLUSD is Live Now on Major Exchanges: Ripple

A few minutes ago, Ripple officially announced the launch of its most-awaited stablecoin, RLUSD, which is now available…

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Promeet Raises $3.1M in Pre-Seed Funding to Transform Creator Monetization

Dubai, United Arab Emirates, December 17th, 2024, Chainwire Promeet, a platform designed to empower creators to monetize content, has successfully raised $3.1M in pre-seed funding. The investment will be used to accelerate product development and solidify Promeet’s position as a leading platform for content monetization. By combining videos, photos, meetings, and live streamings—with a blockchain-based

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1Fuel Targets $100k in Presale Daily as XRP and Avalanche Drive DeFi Discussions

The crypto market has been buzzing with the recent developments in the DeFi space, with Ripple (XRP) and Avalanche (AVAX) leading the charge. Amid this flurry of activity, 1Fuel is garnering significant attention, aiming to raise $100,000 daily in its ongoing crypto presale, as investors seek opportunities in this dynamic space. Problem-Solving 1Fuel Might Just Give You The Trading Experience of Your Dreams The crypto market has no shortage of users but that's not to say that all the users are active. One major reason for this is the complexity associated with crypto wallet platforms like Trust Wallet. 1Fuel was created to solve this problem by simplifying digital asset management. This way, there will be increased accessibility which will ensure that crypto trading is easy for both new and seasoned traders in the market. Apart from this crypto wallet feature, 1Fuel also protects user privacy with its built-in mixer and disposable wallets. These two special features anonymize transactions and prevent tracking. 1Fuel also has a P2P exchange which allows users to trade directly without any meddling intermediaries. This results in little to no fees and increased privacy when trading. Further, 1Fuel will offer debit cards as part of its ecosystem, enabling users to easily convert their cryptocurrency to fiat currency for online, in-store, and everyday purchases. The cards will seamlessly integrate with users’ wallets, automatically handling the conversion process to make transactions quick and convenient. XRP Future May Hold Green Charts Despite Legal Battle Since President-elect Donald Trump’s U.S. election victory, XRP has skyrocketed by over 167% in the last month. This impressive rise has resulted in XRP surpassing SOL in market capitalization. Currently trading around $2.40, XRP investors are thrilled, especially considering the significant growth challenges posed by XRP’s ongoing legal battle with the SEC. Despite all the legal drama, things are finally looking up for XRP this altcoin season, and not just in terms of price. Recently, major financial firms like Bitwise, WisdomTree, and 21Shares are planning to introduce XRP-backed ETFs. If these ETFs gain approval, they could attract huge investments and potentially increase XRP’s price to $5 very soon. Avalanche New Ecosystem Update Could Push Its Price to New Highs On December 12, the Avalanche Foundation made a big announcement that raised a lot of excitement in the AVAX community. The foundation announced that it raised $250 million through a private AVAX token sale to support the Avalanche blockchain. The funding round included around 40 participants, including huge firms like Galaxy Digital, Dragonfly, and ParaFi Capital. Unsurprisingly, the announcement triggered a notable 10% increase in AVAX’s value. As a result, AVAX has been hovering around the $50 mark for the past week. With this news and according to its price chart data, it is likely that AVAX will hit $60 this altcoin season. A potentially contributing factor to this growth is the Avalanche9000 upgrade. This upgrade, which is scheduled for Dec. 16, will reduce Layer-1 deployment costs by 99.9% and cut C-Chain transaction fees by 25x. Conclusion While XRP and AVAX are making strides in the DeFi space, 1Fuel is stealing the spotlight with its fast-selling crypto presale. Currently priced at $0.012 in its second stage, it has already raised nearly $700,000. With this momentum, this figure is likely to escalate into the millions soon. Don't miss out on this opportunity—purchase OFT today! 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.

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Crypto.com CEO Discusses Bitcoin Reserve with Trump as Lawsuit Against SEC is Withdrawn

The recent interaction between Crypto.com CEO Kris Marszalek and US President-elect Donald Trump marks a significant shift in the regulatory landscape for cryptocurrency in the United States. This pivotal meeting

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