Bitget secures a BSP License in El Salvador, enabling Bitcoin-fiat exchanges, payment solutions, and custody services. El Salvador leverages partnerships like Bitget’s while adjusting Bitcoin policies to secure IMF loans
As the FED completes a year of historic monetary policy moves, discussions have already begun about what could happen in 2025. Speaking on CNBC's The Exchange, Torsten Slok, partner and chief economist at Apollo Global Management, offered a contrarian view: The Fed may not only have to keep interest rates steady but also raise them again next year. Slok pointed to stronger-than-expected economic data as a key factor that could influence the Fed’s decisions. According to the Atlanta Fed, U.S. GDP grew 2.8% in the third quarter of 2024 and is projected to reach 3.3% in the fourth quarter. That growth far exceeds the Congressional Budget Office’s forecast for a sustainable 2% growth rate and suggests the economy remains strong despite previous rate hikes. Inflation data also supports Slok’s view. The November consumer price index (CPI) came in at 3.3%, while other measures, such as the Atlanta Fed’s permanent CPI and the Cleveland Fed’s median CPI, are ranging between 3% and 4%. These levels are well above the Fed’s 2% inflation target and underscore ongoing inflationary pressures. “Despite the Fed raising interest rates since March 2022, we are still seeing strong economic growth and sticky inflation,” Slok said. “This suggests that monetary policy may not be as restrictive as some think.” Slok also pointed to potential policy changes under the Trump administration as factors that could contribute to inflationary pressures if he is re-elected in 2024. Proposed measures such as lower corporate taxes for domestic producers, tighter immigration controls and adjustments to customs duties could provide upward thrust to both inflation and economic growth. Related News: One of the Biggest Altcoins Announces Its Largest Update Ever - Here Are the Details “These policies could push inflation higher in 2025 and make it harder for the Fed to justify rate cuts,” Slok said. The discussion also touched on how financial conditions, supported by rising stock and crypto markets, could complicate the Fed’s task. Slok attributed some of that optimism to “election-fueled euphoria,” but warned that loose financial conditions could increase the risks of overheating. “When you look at emerging markets, strong growth and stubborn inflation, it’s hard to argue that cutting interest rates is the right move,” he added. Slok’s outlook challenges the common view that the Fed could cut rates as early as mid-2025. Instead, it highlights the risk of higher interest rates, especially if inflation is more persistent or policy changes under a new administration further increase price pressures. “When we look at the data, everything points to the possibility that the Fed may have to raise rates again next year,” Slok said. “It will be very important for policymakers to ignore theoretical models and focus on real-world dynamics.” *This is not investment advice. Continue Reading: Renowned Economist Surprised While Everyone Talks About Interest Rate Cuts: “Instead of Interest Rate Cut in 2025…”
Musk Loves USA could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did. Musk Loves USA (MUSKUSA), a Solana memecoin launched today, is set to explode over 16,000% in price in the coming days. This is because MUSKUSA 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 cause its price to rally, which will benefit investors who buy before these new exchange listings. Currently, Musk Loves USA 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 Musk Loves USA could become the next viral memecoin. Musk Loves USA launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. How to Buy To buy Musk Loves USA on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Musk Loves USA by entering its contract address – DdmquVnPoj7RrjCiZ1yAc8p3b6bmCagcRUedBH6c572h – in the receiving field. If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others. Early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like MUSKUSA. Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
As the cryptocurrency market gears up for another exciting year, savvy investors are searching for the next big opportunity. Two names that frequently come up in discussions about innovative projects are Altura ($ALU) and Render ($RENDER). While both have their unique strengths, Altura is shaping up to be the better investment for Q1 2025. Here’s why Altura’s combination of lower market cap, cutting-edge AI features, and massive growth potential make it the clear winner over Render. Market Cap: The Key to Higher ROI One of the most important metrics to consider when evaluating crypto investments is market capitalization. Currently, Altura’s market cap is significantly lower than Render’s, positioning it as a high-risk, high-reward opportunity with incredible upside potential.- Altura ($ALU): With a small market cap, Altura is ripe for exponential growth. Analysts predict an ROI of 8-20x, driven by increasing adoption of its AI-powered NFT solutions.- Render ($RENDER): While Render is undoubtedly a strong project, its larger market cap limits its potential ROI to a modest 2-3x. This makes it less appealing to investors seeking explosive gains.For investors looking to maximize returns in a bull market, Altura offers a much more attractive risk-reward ratio. Altura’s AI Features: A Game-Changer Altura isn’t just another cryptocurrency; it’s at the forefront of combining blockchain technology with artificial intelligence (AI). This innovative approach is redefining the gaming and NFT ecosystems in ways that few competitors can match. Smart NFTs with AI Integration Altura’s platform enables the creation of “smart NFTs”—digital assets that can evolve, adapt, and learn through AI algorithms. Imagine gaming items that change based on how they’re used or collectibles that improve in value as they gain experience.- Why It Matters: AI-driven NFTs offer unprecedented utility, making Altura a unique and compelling project for developers and users alike.- Adoption Potential: As the gaming industry continues to grow, Altura’s AI features position it as a go-to platform for next-gen digital assets. Cutting-Edge AI Ecosystem Beyond NFTs, Altura is building an ecosystem that leverages AI for scalability, security, and efficiency. This focus on innovation makes it a standout in the crowded crypto market.Why Render Falls ShortRender has gained traction as a decentralized GPU rendering network, but its value proposition is more niche and its growth potential more limited compared to Altura.- Valuation Concerns: Render’s larger market cap makes it harder to achieve significant ROI, especially in the short term.- Lack of AI Innovation: While Render focuses on rendering services, it doesn’t tap into the transformative potential of AI in the same way Altura does.- Competition: Render faces stiff competition from other rendering platforms, limiting its dominance in its niche market.While Render remains a solid investment for conservative gains, it lacks the explosive potential that Altura brings to the table.Altura’s Hype is BuildingWith its unique AI-powered features and lower market cap, Altura is quickly gaining traction among crypto enthusiasts. Here are some key factors fueling the hype:- Community Growth: Altura’s vibrant and growing community is a testament to its widespread appeal.- Strategic Partnerships: Collaborations with gaming studios and blockchain developers are setting the stage for rapid adoption.- Upcoming Milestones: With exciting updates and new features on the horizon, Altura is poised to make waves in Q1 2025. Conclusion: Altura ($ALU) Is the Smarter Bet While both Altura and Render have their merits, Altura’s lower market cap, innovative AI features, and massive growth potential make it the standout investment for Q1 2025. If you’re looking for a project with the potential for 8-20x returns, Altura is the clear choice. On the other hand, Render’s larger market cap limits its upside, making it a more conservative play.In the fast-paced world of cryptocurrency, betting on innovation and potential can pay off big—and Altura ($ALU) is proving to be the high-growth gem that could define the next wave of blockchain success. Don’t miss the opportunity to be part of its journey. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Plus Wallet: Mastering Multi-Chain Management Against Bitamp’s Bitcoin Assurance & Altcoin Instability In the ever-evolving cryptocurrency environment, choosing the right crypto wallet is crucial for both security and adaptability. Bitamp appeals to Bitcoin aficionados with unmatched privacy, ensuring that private keys remain on the user’s device and promoting transparency with its open-source nature. As Bitcoin surpasses the $100,000 milestone once more, altcoins exhibit volatility, struggling to find consistent momentum. This fluctuation underscores the necessity for wallets that can manage a variety of assets with ease. Introducing Plus Wallet —a robust, multi-chain platform crafted for straightforward trading, enhanced security, and a user-friendly experience. It simplifies managing transactions across different blockchains, reducing the need for numerous wallets. With sophisticated security measures such as biometric authentication and local key storage, Plus Wallet guarantees the safety of your assets. It provides reliable protection for Bitcoin and helps users navigate the uncertainties of altcoin markets, enabling secure and controlled trading in today’s dynamic crypto market. Bitamp: Your Go-To Bitcoin Wallet for Enhanced Security and Control Bitamp stands out as a Bitcoin wallet that prioritizes top-tier security, privacy, and user autonomy. It operates directly within the user’s browser, ensuring that private keys and seed phrases are kept locally, which minimizes the risks associated with third-party server breaches. The wallet’s open-source framework boosts trust, allowing its code to be independently checked for security vulnerabilities. Bitamp also works seamlessly with well-known wallets like Ledger, Trezor, and Electrum, offering versatility for both new and experienced users. Its intuitive interface facilitates straightforward Bitcoin transactions without the complexity. With its strong emphasis on decentralization and privacy, Bitamp equips users to manage their Bitcoin securely and confidently, establishing itself as a prominent choice in the cryptocurrency sphere. Altcoins Face Stability Challenges as Bitcoin Hits $100,000 Again Altcoins continue to experience volatility, with rapid gains often followed by quick declines, especially as Bitcoin once again exceeds the $100,000 threshold. Analyst Pav Hundal from Swyftx suggests that a significant bullish shift in Bitcoin is necessary to spark a substantial altcoin season. Both memecoins, like PEPE, and major cryptocurrencies, such as Solana, have shown this instability, with brief surges quickly fading. Currently, Bitcoin’s dominance in the market is about 58.3%, with predictions it might climb to 70% before it starts to decrease. Analysts believe this dominance adjustment is critical for altcoins to achieve sustained growth. Nonetheless, institutional focus on Bitcoin continues, primarily targeting more stable assets and leaving speculative tokens with minimal capital inflows. For altcoins to attain new peaks, a considerable capital influx into cryptocurrency exchanges is crucial, positioning Bitcoin’s forthcoming actions as central to altering the market landscape. Plus Wallet: Your Tool for Confident Crypto Trading The crypto trading arena demands more than just a basic wallet. Traders require a system that perfectly integrates security, flexibility, and simplicity—qualities embodied by Plus Wallet. This pioneering app caters to both novice and seasoned traders with its multi-chain capability and streamlined mobile interface, revolutionizing how users handle their crypto portfolios. By facilitating transactions across various blockchains, Plus Wallet removes the inconvenience of multiple wallet management, consolidating all trading and asset management in one spot. Optimized for both iOS and Android, it offers a frictionless trading experience for users of all skill levels. Security is foundational for Plus Wallet. By storing private keys locally and incorporating biometric technologies like Face ID and PIN codes, it ensures comprehensive protection against unauthorized access. As cryptocurrency adoption increases, Plus Wallet’s cutting-edge features and user-centric design make it one of the secure crypto wallets for effective portfolio management. Wrapping Up In a marketplace where Bitcoin is advancing and altcoins remain unpredictable, secure and adaptable wallets are indispensable. Bitamp provides Bitcoin enthusiasts with a privacy-focused, open-source secure environment featuring local key storage. For those juggling multiple cryptocurrencies, Plus Wallet offers effortless cross-chain functionality, advanced biometric security, and a user-friendly interface for efficient trading. Through a combination of security, adaptability, and practicality, Plus Wallet enables you to manage and expand your assets with confidence. Explore Plus Wallet: Website: https://pluswallet.app/ Download: https://onelink.to/pluswalletapp Twitter: https://x.com/pluswalletapp Instagram: https://www.instagram.com/pluswallet.app/ Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .
The market activity of TRON (TRX) has experienced a remarkable surge, resulting in the company making headlines. In November 2024, TRON achieved an extraordinary $587 billion in USDT transfers, a 30% increase from the previous months. Related Reading: Travala (AVA) Rally: Binance Early Bet And CZ’s Nod Drive 300% Growth This remarkable expansion underscores TRON’s status as a preeminent blockchain platform for stablecoin transactions, which are distinguished by their rapid transaction speed and low fees. TRON’s deflationary model and the growing popularity of stablecoins may pave the way for even more substantial price increases as the cryptocurrency market continues to develop. USDT Transfer Volume on TRON Reaches All-Time High of $587.2B (Monthly) “Stablecoins have seen remarkable growth, driven by strong interest in cryptocurrencies over recent months. TRON has emerged as the leading blockchain for stablecoin transfers. This chart highlights the… pic.twitter.com/150KEggTlK — CryptoQuant.com (@cryptoquant_com) December 14, 2024 Further Growth & Technical Analysis TRON, which is currently trading at $0.279, has demonstrated robust upward momentum following a reversal from a support level of approximately $0.2400, as indicated by recent technical analysis. Analysts anticipate that it will surpass the subsequent resistance level of $0.3200, which previously impeded its price at the beginning of December. The present positive attitude in the crypto markets supports this point of view since it suggests that TRON might keep on its upward path. Given that TRON’s market capitalization currently exceeds $35 billion, its rapid expansion reflects a more general trend of capital moving into established cryptocurrencies as investors search for stability in face of market volatility. Expert Foresees A Promising Future Andrew Griffiths, an expert in cryptocurrencies, thinks that TRON could soon hit $3 to $5. He says that the network’s popularity as a stablecoin and payment tool is the reason for this growth. The rising demand for USDT can help TRON become a bigger player in the crypto world. #TRX TRON is heading towards its apex, once it squeezes at that level, it will blow out, this will happen sooner than later, possibly in the next few months, target is 3-5 USD with an insanely deflationary model and the fastest blockchain for payment processing, nothing is… pic.twitter.com/b0xhgqhABT — Andrew Griffiths (@AndrewGriUK) December 13, 2024 TRON’s recent performance has not gone unnoticed; it has become a darling among investors seeking consistent returns. It is an appealing choice for developers who are designing decentralized applications (dApps) due to its robust infrastructure, which enables thousands of transactions per second. Additionally, TRON is expected to sustain its upward trajectory amid ongoing advancements in the crypto sector, such as technological upgrades and partnerships. Related Reading: Massive Dogecoin Rally Incoming: Bigger And Better Than 2021 — Analyst The Road Ahead TRX lately peaked at $0.45, doubling its valuation over night and raising its market value to $39 billion. With founder Justin Sun’s strategic $30 million investment in World Liberty Financial, the company’s trajectory has improved and TRON is now a major player in the blockchain scene. Featured image from Fast Company, chart from TradingView
Bitpanda has been authorized to operate in Dubai by the Dubai Virtual Asset Regulatory Authority (VARA), making it eligible to enter into the United Arab Emirates’ growing market for digital assets. This move aligns with its global strategy to expand beyond Europe. Bitpanda is the first European crypto firm to secure in-principle approval from Dubai’s VARA. Dubai, now a leading global hub for digital assets, continues to attract numerous crypto firms. The UAE’s progressive crypto regulations offer investors a secure and legitimate environment that fosters innovation. The authorization of the crypto firm’s entry into the UAE space is key as it gets closer to offering a full range of services in a promising market. According to the firm’s co-founder and CEO Eric Demuth , Dubai is a strategic launchpad for its international expansion. In Europe, we have built a reputation as the most trusted and regulated digital asset platform. Now, we are scaling this proven model globally, with Dubai and the UAE serving as our strategic launchpad for international expansion. The opportunities are immense, and we are uniquely positioned to seize them. ~ Demuth Bitpanda advances toward full approval in UAE’s crypto hub Bitpanda’s approval for an in-principle operating license in the United Arab Emirates is a clear demonstration of its excellent compliance with UAE regulatory requirements. Despite the clearance, the firm still requires complete compliance. The Austrian company must meet additional requirements before the authorities will fully approve it. Dubai’s position as an emerging global home to digital assets motivates Bitpanda’s entry and establishment. The city has shown its readiness and willingness to foster crypto investments and innovations through initiatives like the DMCC Crypto Centre. While entering the UAE crypto arena, the firm plans to install a fully functioning regional headquarters in Dubai. The firm hopes to collaborate with other financial players in the region. From Zero to Web3 Pro: Your 90-Day Career Launch Plan
U.S. spot ETFs for bitcoin and ethereum maintained consecutive weekly inflows with $2.17 billion and $855 million each. Bitcoin and Ethereum ETFs Hit Significant Weekly Inflows Bitcoin and ethereum exchange-traded funds (ETFs) hit significant weekly numbers, as both ETFs maintained their inflow streaks. Metrics from sosovalue show that U.S. spot bitcoin ETFs had a net
December 16, 2024 – Miam i, Florida Floki is set to make its mark at the 2024 WTL (World Tennis League), one of the most exciting mixed-gender exhibition tennis tournaments in the world. Held at the Etihad Arena in Abu Dhabi from December 19 to December 22, 2024, this year’s event combines world-class tennis with live music, set to captivate millions of fans worldwide. The 2024 WTL boasts a roster of top-ranked athletes, including Aryna Sabalenka, Iga Swiatek, Jasmine Paolini, Casper Ruud, Nick Kyrgios, Simona Halep, Stefanos Tsitsipas, Paula Badosa, Andrey Rublev, Elena Rybakina, Caroline Garcia, Mirra Andreeva, Jordan Thompson, Sumit Nagal, Alexander Shevchenko and Denis Shapovalov. These players have been assigned to four different teams – Kites, Eagles, Falcons and Hawks – as part of an all-play-all game format. Floki’s brand will be prominently displayed throughout the tournament. Branding will feature courtside next to the tramlines and across all digital collateral including LED boards, big screens and backdrops. The partnership aims to position Floki with a global audience that exceeded 46.4 million during last year’s event. The evenings will transform the Etihad Arena into a concert venue, featuring live performances by Bryan Adams, Akon, Anastacia and Sean Paul. This year’s WTL will be broadcast live on Sony TV and an extensive network of global broadcast partners, ensuring Floki reaches tennis fans worldwide. About the World Tennis League Now in its third edition, the World Tennis League has earned a reputation for its innovative format, blending elite-level tennis with a festival atmosphere. The third edition of the WTL is set to take place from December 19–22, 2024, at the Etihad Arena in Abu Dhabi, UAE, a premier venue that hosts world-class events. The tournament attracts top-tier tennis talent and millions of fans worldwide, making it a marquee event in the international sports calendar. About Floki Floki is the people’s cryptocurrency and utility token of the Floki ecosystem. Focused on utility, community, philanthropy and strategic marketing, Floki is working toward becoming the world’s most recognized and used cryptocurrency. With over 490,000 holders globally, Floki has already established a strong brand presence. Users can learn more at the website . YouTube | Telegram | Instagram | TikTok | Discord | Facebook | Reddit | Twitch | Valhalla Contact Pedro Vidal , community relations officer for Floki This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility. Follow Us on Twitter Facebook Telegram Check out the Latest Industry Announcements The post Floki Expands Presence in UAE As Sponsor of the 2024 World Tennis League appeared first on The Daily Hodl .
The crypto market has been on a bullish streak in the last quarter of this year, thanks to Donald Trump’s recent victory in the United States presidential election. American investment management firm VanEck has shared ten predictions that could raise the crypto market’s valuation in the coming year. Bullish Crypto Predictions From VanEck VanEck’s first prediction focused on leading assets that would experience meteoric price growth next year. For example, BTC would attain $180,000, ETH would cross $6,000, SOL would surpass $500, and SUI would exceed $10. The firm’s next prediction showed factors that could drive some of these price projections. With Trump’s bullish stance, VanEck expects the U.S. to adopt Bitcoin as a strategic reserve. Following Trump’s selection of a crypto-friendly chairman for the U.S. Securities and Exchange Commission (SEC), applications for multiple crypto exchange-traded products (ETPs) will likely be approved. Additionally, Ethereum ETPs will feature staking , a function restricted under the Joe Biden administration. Highlighting another factor that could aid BTC’s price growth, VanEck stated in another prediction that Bitcoin-based layer-2 networks will reach 100,000 BTC in total value locked (TVL). If this speculation comes true, it would be a 600% surge from this year’s TVL record. The completion of the Ethereum Dencun upgrade from earlier this year allowed for increased blob activity. VanEck predicted that the Ethereum blob space will garner $1 billion in fees as more L2 rollups and “high-fee use cases” come to the limelight. The stablecoin market has a daily traded volume of around $100 billion. VanEck projects this value to soar to as high as $300 billion by the end of next year. The firm explained that “this surge will be driven by adoption in global commerce, remittances, and integration with major tech and payment networks.” DeFi and NFT Predictions VanEck expanded its prediction to include artificial intelligence (AI). The firm stated that one million new AI agents will surface next year and be used in decentralized finance (DeFi), social media, gaming, and consumer applications. Regarding DeFi, VanEck expects decentralized exchanges (DEX) to hit a peak of $4 trillion in traded volume and $200 billion in TVL. This surge would be fueled by AI-focused projects, “consumer-facing dApps, and tokenized assets.” Another DeFi-focused prediction from VanEck projects dApp tokens, which will narrow the performance gap with L1 crypto assets. The investment company is optimistic that new projects themed around AI and Decentralized Physical Infrastructure Networks (DePIN) will drive growth. The NFT market is not left out of the company’s projection. VanEck predicts that the NFT traded volume will reclaim $30 billion next year. Growing projects like Pudgy Penguins and Milady will drive this surge. VanEck also predicted a surge in tokenized securities in the coming year. Although the market soared from $6 billion to $12 billion this year, the company expects this value to soar to as high as $50 billion next year. The post BTC at $180K, ETH to $6K, and More: Here’s VanEck’s Top Crypto Predictions for 2025 appeared first on CryptoPotato .