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In his latest video analysis on YouTube, Adam Cochran, partner at Cinneamhain Ventures (CEHV), an activist venture capital firm, described Ripple’s newly launched stablecoin, RLUSD, as a “Trojan Horse” poised to transform both decentralized finance (DeFi) and traditional banking sectors.

Why Ripple’s RLUSD Is A ‘Trojan Horse’

Cochran emphasized the strategic significance of RLUSD, stating, “Ripple quietly dropped a bombshell and no one’s really talking about it but it could dramatically revolutionize the position of Ripple in the marketplace.” He elaborated that while the crypto community remains focused on XRP’s price movements and its upcoming programmability upgrades, RLUSD represents a fundamental shift in XRP Ledger (XRPL) ecosystem.

RLUSD differentiates itself from other stablecoins by adhering to stringent regulatory standards. Cochran highlighted, “RLUSD isn’t just another USDC clone; this is more into the original Paxos stablecoin that’s NYDFS regulated, custodian issued, backed by secure cash assets.”

The stablecoin is exclusively backed by real US cash equivalents held in US banks registered with regulators and subject to regular audits. This regulatory compliance ensures that RLUSD meets stringent monetary transfer licenses, including a Virtual Asset Service Provider (VASP) license, positioning it for use by EU exchanges and banks.

Unlike other stablecoins such as Tether (USDT), RLUSD is set to be issued on both the XRP Ledger and the Ethereum blockchain. Cochran pointed out, “Ripple is making sure they themselves capture it and can provide more value into the ecosystem.”

Cochran posits that RLUSD is integral to unlocking the vast multi-trillion dollar Forex markets on the blockchain without necessitating advanced technological upgrades. “This stablecoin is going to unlock the ability for real-world asset (RWA) issuers, Forex issuers, currency issuers, and other programs to be able to price on a native AMM their assets in the US dollar,” he remarked.

The introduction of RLUSD is expected to facilitate the pricing of assets in US dollars directly on the XRPL’s Automated Market Maker (AMM), thereby attracting institutional trading and Forex settlement activities. Cochran elaborated: “Ripple can begin to benefit from the yield that comes in and put that back into the XRP ecosystem.” He suggests that the stablecoin could enhance liquidity on-chain, which is currently confined to opaque exchange balances:

“Sophisticated participants don’t want to have an AMM that trades against Ripple as the underlying currency. They want to be able to price their assets in the US dollar and until the launch of RLUSD that was something that wasn’t possible. This stablecoin is going to unlock the ability for RWA assets, Forex issuers, currency issuers and other programs […] to allow Ripple to bring a lot of their overall liquidity on-chain.”

Ripple has long targeted institutional clients, including banks, financial institutions, and Forex traders. Cochran emphasized the importance of regulatory compliance, stating, “If Ripple can get their MA compliance approved and be offered in the EU and bring this stablecoin to diverse markets, they have a great opportunity to get these providers to integrate Ripple’s Network by offering them on-chain yield and sharing of that yield.”

Moreover, the company’s strategic focus on programmability through upcoming features like Hooks and an Ethereum Virtual Machine (EVM) sidechain is expected to further enhance RLUSD’s utility. “Ripple still really needs hooks and their EVM sidechain to perform well, get the programmability in place to be able to offer more sophisticated DeFi products,” Cochran stated.

The global stablecoin market, currently dominated by Tether (USDT) and USD Coin (USDC), presents a significant opportunity for RLUSD, especially within the EU where regulatory frameworks are stringent. Cochran estimated, “If Ripple was to issue the same amount of stablecoins as Tether does nowadays, they’d be looking at something like $5 billion a year potentially in yield gains.”

Cochran further pointed out the competitive edge RLUSD could provide Ripple, stating, “These are the type of asset issuers that care about RWA issuance, Forex settlement and interchange […] something that no one else in the DeFi space has the expertise or the interested parties or the tooling to be able to provide.”

Cochran concluded his analysis by affirming Ripple’s strategic trajectory, “Ripple has a great potential path in front of it if it continues to execute on delivering the vision in the way that it wants to.”

At press time, XRP traded at $2.51.

While the Dogecoin price struggles to reach the $10 mark this cycle, savvy investors are turning to WallitIQ (WLTQ), a game-changing asset poised for massive growth. A Bloomberg analyst has recently bought $200,000 worth of WLTQ tokens, betting on an incredible 34,000% gain in just 13 days, making WallitIQ (WLTQ) a must-have for anyone looking to capitalize on explosive returns.

Why WallitIQ (WLTQ) Is The Hottest Crypto, With 34,000% ROI In 13 Days

WallitIQ (WLTQ) is rapidly gaining attention as one of the most exciting tokens in the cryptocurrency market, with an extraordinary potential for 34,000% returns in just 13 days. 

Investors are buzzing, especially after a Bloomberg analyst’s bullish stance on the token’s future by investing $200,000 in its current resale price. 

According to the Bloomberg analyst, WallitIQ’s (WLTQ) groundbreaking platform and attractive presale entry point make it a must-have for those looking to capitalize on massive returns in 13 days. 

While many experts have a gloomy outlook for the Dogecoin price this cycle, WallitIQ (WLTQ) is positioning itself as a game-changer. With its cutting-edge AI-powered decentralized platform, the Bloomberg analyst believes WallitIQ (WLTQ) will redefine digital finance. 

The Bloomberg analyst is particularly bullish on the utility of WallitIQ (WLTQ), which promises unparalleled security and efficiency. This makes it a highly attractive investment for both retail and institutional investors, with the potential for huge gains in just 13 days. 

The current presale price of WallitIQ (WLTQ) stands at $0.0243, but experts predict a surge to $20, offering investors an unprecedented 34,000% return in 13 days. The Bloomberg analyst believes this massive growth potential is what sets WallitIQ (WLTQ) apart as a prime investment opportunity in the crypto space. 

WallitIQ (WLTQ) also boasts advanced AI-powered security infrastructure, including real-time fraud detection and transaction monitoring. This guarantees that investor assets are protected, boosting confidence in WallitIQ’s (WLTQ) long-term viability. 

The Bloomberg analyst, who has already invested $200,000 in the presale, sees WallitIQ (WLTQ) as a platform capable of delivering impressive returns in 13 days. 

In addition to robust security features, WallitIQ (WLTQ) also integrates biometric authentication tools such as facial recognition and motion detection, guaranteeing top-tier protection for users. 

Moreover, with a successful smart contract audit by SolidProof, WallitIQ (WLTQ) is a safe and compelling investment for those looking to enjoy substantial gains in just 13 days. 

Bloomberg Analyst Dismisses $10 Dogecoin Price This Cycle

The Dogecoin price has always sparked significant discussion in the crypto community. Recently, a Bloomberg analyst weighed in, suggesting that the much-hyped $10 Dogecoin price is highly unlikely during this market cycle. 

Despite Dogecoin’s (DOGE) history of volatile surges, the Bloomberg analyst firmly stated that such a meteoric rise in the Dogecoin price from $0.395 seems improbable in the near future.

While Dogecoin (DOGE) enthusiasts continue to hold out hope for massive gains, the analyst’s prediction highlights the challenges of achieving that elusive $10 mark. The Bloomberg analyst has emphasized that even with growing popularity, the Dogecoin price would face tough resistance. 

For smart investors, the message is clear; while Dogecoin price might see gains, a $10 valuation isn’t in the cards this cycle, making WallitIQ (WLTQ) the best investment option set to deliver 34,000% gains in 13 days.

WallitIQ (WLTQ) Presale: Don’t Miss Out On 34,000% Returns In 13 Days

While the Dogecoin price struggles to hit the $10 mark, WallitIQ (WLTQ) is quietly capturing the attention of investors with its astonishing 34,000% gain potential in just 13 days. High-profile investors, including a Bloomberg analyst, are flocking to WallitIQ’s (WLTQ) presale, recognizing it as one of the most exciting opportunities in the crypto space. 

WallitIQ (WLTQ) is set to revolutionize crypto investments with its AI-powered platform, featuring cutting-edge tools like AI-enhanced portfolio management, a multimodal chatbot, and QR-based Scan & Pay for smooth DeFi transactions. 

Currently priced at only $0.0243, WallitIQ (WLTQ) is drawing both retail and institutional investors eager to secure gains before the presale sells out. With its innovative tech and the potential for explosive returns, the Bloomberg analyst believes WallitIQ (WLTQ) is the smartest investment for anyone looking to capitalize on remarkable gains in just 13 days.

Join the WallitIQ (WLTQ) presale and community: 

Join WallitIQ (WLTQ) Presale

Join the WallitIQ (WLTQ) Community

 

It is no secret that mental health is a big topic these days. Breaking through centuries of stigma, we now discuss mental health issues quite openly and even seek ways to better our own lives. But even with all of this awareness, there is still a need to both encourage mental health discussions and fun resources that promote well-being. 

Mental Health America, a top organization for mental health support, is launching a new initiative to drive conversation and raise funds. Its ally in this new venture is none other than Apu Apustaja, a frog-themed meme coin.

An Unlikely Pair

When most of us think of pro-mental health initiatives, Apu Apustaja would not be an obvious choice. After all, what would a meme coin have to do with mental health? The truth is that the Apu Apustaja community is an example of overcoming adversity and spreading positivity. In an earlier time, the project faced one of the worst things that can happen to a crypto venture- an early developer did a rug pull and left the community distraught. Rather than roll over and give up, it decided to rebuild even stronger.

Not only is it pursuing more use in the financial world but it has teamed up with other projects. The latest is with Mental Health America in a bid to promote its goals long-term. On Twitter/X, MHA confirmed the news by tweeting, “We are pleased to announce a partnership with @ApusCoin! The generous contribution from $APU will support our mental health initiative, and we look forward to future collaborations over the coming year.”

While more details will be announced in time, the two will be hosting livestreams to raise funds for the charity and awareness about mental health issues. Apu Apustaja has even confirmed that it will add a crypto donation widget on its site at https://go.apu.com/mha to raise funds for this purpose. 

And given its history of successful collaborations with others, the future looks bright. Previously,  Apu Apustaja teamed up with boxer Conor Mcgregor, Prima Pramac Moto GP,  Udinese Serie A Football Team, and Matchroom Boxing, and this is the latest in a long list.

Mental Health America, on its part, is mostly foreign to the crypto market. Its focus has always been advocacy, raising awareness, and working to pass laws for the betterment of mental health.

As per its website, the organization want to intentionally go beyond limits to reach its goals. 

“We intend to think beyond short-term constraints, misaligned incentives, and policy-making cycles—and ask ourselves how we would design a person-centered system with a focus on all aspects of health and healing,” it says.

With this in mind, its partnership with Apu Apustaja makes more sense. After all, the crypto space is predominantly made up of young people, many of whom will need mental health support the most. Plus, the financial success of the industry and its passionate community means that many will likely donate to this cause.

Crypto Charity 

We’ve all come to expect some sort of corporate social responsibility from mainstream businesses but crypto projects are starting to get the same treatment. As evidenced by this deal between Mental Health America and Apu Apustaja, crypto projects are capable of doing public good and consumers can help to support these efforts.

If these fundraising activities are successful, both Apu Apustaja and other cryptos might be tapped to help raise money and awareness for good causes. In turn, this will help in boosting their public profile and generating public goodwill. 

Get Involved With APU

Twitter/X: https://x.com/apuscoinTelegram: https://t.me/apuclubWebsite: https://APU.com

XRP is at a critical juncture as it navigates key resistance levels, while Shiba Inu (SHIB) struggles to regain momentum amid market uncertainty. In contrast, Lightchain AI (LCAI) emerges as a promising contender, capturing investor attention with its innovative approach to decentralized AI and blockchain integration.

Lightchain AI introduces Proof of Intelligence (PoI), a revolutionary consensus mechanism, and the Artificial Intelligence Virtual Machine (AIVM) for real-world AI computations. With the Lightchain AI Presale offering LCAI tokens at an attractive price of $0.003, experts anticipate a strong bounce for the project, positioning it as a leading solution for AI-driven, decentralized applications in the evolving blockchain landscape.

XRP’s Crucial Crossroads- Navigating Key Support and Resistance Levels

XRP is currently trading at $2.61, navigating a critical juncture defined by key support and resistance levels. The primary support zone lies between $1.79 and $1.96; maintaining above this range is crucial for sustaining bullish momentum.

On the upside, immediate resistance is encountered at $2.45, with a significant barrier at $2.50. A decisive move beyond these resistance levels could pave the way for a rally toward higher targets, potentially reaching the $5 to $10 range, contingent upon broader market dynamics and investor sentiment. Traders are advised to monitor these critical levels closely, as they will likely dictate XRP’s short-term price trajectory.

Shiba Inu’s Decline- Challenges Amidst Market Volatility

Shiba Inu (SHIB) has recently experienced a notable decline, with its price dropping approximately 17% over the past week. This downturn mirrors the broader cryptocurrency market’s volatility, where investor sentiment and macroeconomic factors play significant roles. Despite the price drop, on-chain data indicates that 60% of SHIB holders remain in profit, suggesting a degree of resilience among investors.

However, challenges persist, including high volatility, market saturation with more utility-driven projects, and regulatory uncertainties. To navigate these challenges, Shiba Inu has been expanding its ecosystem, notably through the development of Shibarium, a Layer 2 solution aimed at enhancing transaction speed and scalability.

The project’s future performance will depend on its ability to adapt to market dynamics, regulatory developments, and its success in delivering technological innovations that provide real-world utility.

How Lightchain AI (LCAI) Bounce Back with Presale Momentum

Lightchain AI (LCAI) is leveraging its successful presale to regain momentum in the competitive crypto market. The project has raised over $2.2 million, reflecting strong investor confidence in its vision to integrate artificial intelligence with blockchain technology.

Following the presale, Lightchain AI has introduced a staking feature, offering annual percentage rates (APRs) ranging from 2% for a 3-month commitment to 70% for a 3-year term. This initiative aims to incentivize long-term participation and enhance network security.

The platform’s core innovations include the Proof of Intelligence (PoI) consensus mechanism and the Artificial Intelligence Virtual Machine (AIVM). PoI rewards nodes for performing AI computations, promoting energy efficiency and scalability, while AIVM enables real-time AI processing within a decentralized framework.

By combining these technologies, Lightchain AI addresses challenges such as scalability, privacy, and transparency in AI and blockchain integration. The successful presale and subsequent developments position LCAI to capitalize on the growing demand for decentralized AI solutions, potentially leading to significant growth and adoption in the near future.

Why Lightchain AI’s $0.003 Price Is the Ultimate Entry Point

Lightchain AI (LCAI), priced at just $0.003, presents a golden entry point for investors seeking significant upside potential. This low entry price reflects the project’s early-stage positioning, offering substantial room for growth as it scales. Unlike speculative meme coins, LCAI focuses on real-world use cases, combining artificial intelligence (AI) with blockchain technology.

With innovations like the Proof of Intelligence (PoI) consensus mechanism and the Artificial Intelligence Virtual Machine (AIVM), Lightchain AI addresses scalability, decentralization, and energy efficiency in AI computations. Its ongoing presale has already raised over $2.2 million, signaling strong investor confidence and adoption momentum.

At $0.003, LCAI allows investors to enter early in a project that aligns with the rapidly growing demand for decentralized AI solutions, making it a standout opportunity for long-term gains.

Get Lightchain AI (LCAI) tokens at $0.003 before it’s too late!

https://lightchain.ai

https://lightchain.ai/lightchain-whitepaper.pdf

https://x.com/LightchainAI

https://t.me/LightchainProtocol

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Bitcoin’s upside momentum is holding firm, reaching a new all-time high and showcasing potential for more price growth towards critical resistance levels. While the recent move has triggered a wave of optimism about its future performance, pessimism still lingers among many individuals.

Skeptics Remains Unchanged By Bitcoin’s Upward Strength

Seasoned macro researcher and author at the on-chain platform CryptoQuant Axel Adler Jr. has shed light on investors’ upholding sentiments on Bitcoin’s foundation. The expert shared his perspective in a recent post on the X (formerly Twitter) platform, capturing investors’ attention.

This insightful prognosis comes amid Bitcoin’s surge to a new all-time high, marking another significant milestone in its trajectory. BTC might be displaying substantial price growth, but Axel Adler underlined that certain investors’ moods may never change.

According to the macro researcher, critics and skeptics remain present in spite of record-breaking price levels. Specifically, this indicates constant skepticism regarding the rally’s sustainability and raises questions about whether Bitcoin’s growth is truly based on sound foundations.

When Bitcoin was worth about $41,000 a year ago, Adler noted that many people were skeptical. Even now that the flagship asset has risen to the $106,000 level, people are still pessimistic about its sustainability.

Considering the persistent skepticism despite significant growth, it appears this could be a never-ending cycle for Bitcoin. This is because the bulls and bears, doubters, and die-hard believers will always exist.

Furthermore, there will always be 1% of those who purchase the crypto asset at the lowest price and sell at the highest value. Lastly, there will always be those who buy Bitcoin near the peak of the market only to sell at a loss or wait three years. “That’s just how Bitcoin works, and it seems unlikely to ever change,” Adler added.

New BTC Investors’ Demand Draws Closer To Past Cycle Peaks

Even though skepticism lingers, market sentiment has proven to be more optimistic lately, as evidenced by a rise in demand from new BTC investors. Adler reported that the demand from new investors is currently 4% higher than in March this year when BTC hit the $70,000 mark.

Drawing attention to the past two cycles, Adler highlighted that demand peaked at 205% and 133%, respectively. Meanwhile, the metric in this current cycle is situated at 70%, with anticipation of surpassing the last cycle.

The rise in demand from new investors signals a fresh wave of robust confidence and interest in BTC‘s short-term and long-term capability as it sustains its bullish momentum. In the event that the trend continues, it could serve as a key springboard for future price movements on the upside.

At the time of writing, Bitcoin was trading at $104,137, demonstrating a nearly 3% decline in the last 24 hours. However, in the past week and month, the crypto asset has risen by about 6% and 13% respectively.

As President-elect Donald Trump prepares to assume office for his second term, significant changes in the regulatory landscape for cryptocurrencies are on the horizon. A wave of crypto ETFs is expected to gain approval in the coming year, signaling a potentially transformative shift for digital assets in the United States.

Emerging Entrants In Crypto ETFs

According to Bloomberg ETF expert Eric Balchunas, dual Bitcoin and Ethereum ETFs from firms such as Hasdex, Franklin Templeton, and Bitwise Invest are likely to be the next candidates for approval. 

Balchunas also noted recent rejections of Solana filings, indicating that both Solana and XRP ETFs will need to wait until the new administration in the US Securities and Exchange Commission (SEC) takes control for their applications to be “seriously considered.”

However, the path to approval may not be straightforward. Balchunas pointed out that “complex legal issues” surrounding the classification of these tokens, particularly regarding their status as “securities,” will need to be resolved. 

In contrast, Litecoin, viewed as a fork of Bitcoin, may be categorized by the SEC as a commodity, which could enhance its chances of approval. Notably, new issuer Canary Capital is the sole filer for a Litecoin or HBAR ETF. 

While Balchunas believes both have relatively higher odds of approval, he cautioned that it remains unclear whether there will be sufficient investor demand for these products.

Trump’s Regulatory Shift

This anticipated surge in crypto ETF approvals aligns with Trump’s broader regulatory shift toward digital assets. On December 4, Trump confirmed Paul Atkins as the potential new SEC chair, a move that reinforces his commitment to fostering a crypto-friendly environment. 

This change comes in the wake of the resignation of current Securities and Exchange Commission chair Gary Gensler, whose last day in office coincides with Trump’s inauguration on January 20.

Atkins, who served as an SEC Commissioner from 2002 to 2008 under President George W. Bush has a reputation for advocating less regulatory burden on financial markets. 

Trump expressed confidence in Atkins, stating in a Truth Social post that he is a “proven leader for common sense regulations.” The President-elect emphasized Atkins’s belief in the potential of capital markets and the importance of digital assets in driving economic growth.

As the new administration prepares to take office, attention is now turning to the Commodity Futures Trading Commission (CFTC) and who will lead that agency. 

Sources have indicated to Fox Business that the incoming Trump administration may empower the CFTC to regulate certain crypto assets, further shaping the future of digital currency regulation in the US.

Yet, all these developments are viewed as significantly positive for the broader cryptocurrency industry. The anticipated regulatory changes and a more supportive environment are expected to foster greater institutional adoption. 

Featured image from DALL-E, chart from TradingView.com 

In the rapidly evolving landscape of cryptocurrency, Cryptokeying has set a new standard for accessibility and profitability in cloud mining. The innovative platform offers a simplified approach to digital currency mining for both new and experienced investors.

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Explore the world of cloud mining with CryptoKeying, a platform known for providing stable income opportunities. For more details, please visit the official website: https://cryptokeying.com/

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In the fast-paced world of cryptocurrency, 3 Meme Coins Set to Skyrocket Before Christmas stand out as quirky, community-driven assets, blending internet culture with high-risk, high-reward appeal.

Each one is based on a different meme, cultural event, or humorous event that captures the attention of investors. Each tries to carve a niche for itself by blending humor, community engagement, and innovative blockchain technology. 

And while many memecoins come and go in a flash (just like memes themselves), some turn out to have true staying power. These include:

• Pepecoin
• Dogecoin
• Shiba Inu

All have half-billion or multi-billion-dollar market caps and have transcended their origins as lighthearted digital assets to become powerful forces within the crypto economy. 

Now, investors are looking for the next big crypto meme coins to emerge.

Among the many contenders, Crypto All-Stars, MOG, and BabyDoge stand out. They’re capturing the hearts and wallets of crypto enthusiasts worldwide, and with a Santa Rally in full swing and Bitcoin surging, these 3 meme coins are set to skyrocket before Christmas.

Crypto All-Stars: Celebrate and Stake the Biggest Blockchain Memes

Crypto All-Stars celebrates memes themselves, and its innovative MemeVault gives investors the chance to stake and earn crypto’s top meme coins. 

That makes $STARS more than a token; it’s a tribute to the memes that have shaped the industry. 

Why is now a good time for $STARS? Bitcoin is booming, and while $BTC surges, meme coins and altcoins are following in their footsteps. But beyond that, we’ve seen meme coins make big moves recently, especially ones that add utility to cultural relevance.

Pepe Unchained, a Layer-2 upgrade for the original $PEPE, raised $73M in its presale, whereas $STARS raced past the $21M mark as it entered the final two days of the presale.

The Santa Rally and a red-hot crypto market could send $STARS skyrocketing with a launch just before Christmas.

MOG: The Meme-Lover’s Dream

MOG redefines what a memecoin can achieve. 

Built on the premise of community-driven humor, MOG taps into the universal love for memes. There’s little true utility, but that hasn’t stopped $MOG from outperforming meme coin heavyweights like $DOGE over the past month.

MOG is incredibly volatile but still boasts a $1.07B market cap that places it just outside the top 100 cryptos.

There’s an active community of users busy generating MOG-themed memes to boost the token even higher. Memes are no longer just for laughs; with MOG, they become a tokenized form of cultural expression and economic potential.

BabyDoge: The Adorable Powerhouse

Born as a spin-off of Dogecoin, BabyDoge has quickly become a fan favorite. With its adorable branding and philanthropic mission to help animal shelters, BabyDoge appeals to both crypto investors and animal lovers alike. 

The token’s robust ecosystem includes a hyper-deflationary mechanism, a dedicated swap platform, and charitable initiatives that resonate with its growing user base.

BabyDoge’s meme momentum has translated to increased utility, allowing the 2.5M-strong community to develop user-friendly tools and platforms. The token’s swap feature, for example, offers a seamless trading experience, while its charitable donations provide tangible benefits to the community. 

Charities often see a surge in donations during the holiday season, so don’t be surprised if BabyDoge makes a big push soon.

Why Meme Coins?

Meme coins like Crypto All-Stars, MOG, and BabyDoge thrive on community support, creativity, and adaptability. They combine a sense of belonging and fun with major earnings potential in the ever-evolving crypto landscape. 

Of course, not all meme coins will make it big. Some crash and burn. Do your own research, set clear goals for what you want to achieve, and don’t take our word for it all!

But also — don’t miss your chance to shoot for the $STARS.

Crypto All-Stars presale ends on Friday and has already raised a commendable $21M+. 

The anticipation of its native token, $STARS, being listed on a top-tier decentralized exchange (DEX) early next week is fueling excitement about the presale’s end. 

$STARS powering the world’s first unified meme coin staking protocol during the same time frame is further elevating the buzz. 

It’s no wonder investors are rushing to the presale to buy as many $STARS tokens as possible in anticipation of the token’s price spiking. 

A Reward Multiplier on a Novel Staking Protocol

Once it goes live, $STARS will play a key role in the MemeVault, acting as a reward multiplier on the novel staking protocol. The more the meme coin market grows, the more potential to bet on and join in this macro growth with exposure to a number of coins.

Further boosting the meme coin’s credibility, $STARS HODLers reduce the circulating supply to create scarcity, which often increases the price of the remaining tokens available to trade. 

Owing to these reasons, there’s enormous potential for the coin to spike once being listed on a crypto exchange after the presale finishes. There’s also a good deal of FOMO as the frequency of buys has increased now on the last stage.

There are only three days to buy $STARS for just $0.0016782. The price tag likely won’t be this low again. This makes now an opportune time to buy, as evidenced by the recent snatching of $2M $STARS. 

Crypto Analyst: $STARS Will Double Post-DEX Listing

Considering $STARS early success, it wouldn’t come as a surprise if it were to be listed on a leading DEX like Uniswap, which has an impressive $1.42B 24-hour trading volume. 

Plugging into the exchange’s 5.19M 30-day users could significantly boost the coin’s demand and adoption, bringing its value to greater heights. 

The DEX also aligns with the blockchain’s true ethos: decentralization, making it more attractive to meme coin lovers who value the privacy of decentralized finance (DeFi). 

Over the past 24-hours, there’s been major whale activity. Highlighting significant interest in $STARS, an investor purchased 22,380,815 $STARS just ten hours ago.

It’s no wonder that after the post-exchange listing, crypto analyst ClayBro foresees the coin’s price doubling. The excitement surrounding $STARS is intensifying as more crypto investors look for meme coins with actual utility – especially ones that offer additional token rewards.

Join the Crypto All-Stars Presale Before It’s Too Late

$STARS has the potential to flourish in the meme coin space thanks to its novel staking platform, which offers distinct reward and burning mechanisms. 

You can easily buy $STARS before its price likely jumps. Head to the official Crypto All-Stars presale website, connect your crypto wallet, and buy $STARS using $ETH, $USDT, $BNB, or fiat. 

Once doing so, you’ll gain early access to the first-of-its-kind MemeVault and can stake $STARS for 151% rewards. 

Visit the official Crypto All-Stars site, and join in before it goes live.

Market expectations and volatility in the cryptocurrency market continue to hit new highs as traders and investors explore different strategies to maximize profits while minimizing the risk associated with trading the crypto market.

Retailers’ and institutional adoption increases daily as many are looking for smart ways to remain profitable without using spot trading, a long-tried and true method.

However, better and improved trading methods, such as the evolution of copy trading, introduce a fresh new idea challenging spot trading and providing a much better-automated process to become profitable away from the stress of manually placing trades or analyzing digital assets.

Margex’s automated copy trading’s revolutionary method of automating processes for even beginners helps users navigate the complex and rigorous crypto world with little knowledge. By utilizing this strategy, many beginner traders or investors have replicated trades of seasoned traders to enhance their investment outcomes.

In this article, we will discuss the dynamics of spot trading versus copy trading and how users can leverage the Margex platform, which provides the best trading environment for all users to stay profitable with automated trading methods.

Retail and Institutional Presence Heightens Market Volatility

Source – Bitcoin Price Change After Post-election on Glassnode

Historical data shows that the cryptocurrency market has remained volatile. After the election in the U.S., we witnessed quite some volatility, but during the post-election of 2021, the cryptocurrency market experienced one of the biggest bull markets in its history, hitting a market capitalization of over $3 trillion dollars and creating new highs.

On-chain data from Glassnode suggest this time would be higher if historical data from the past were repeated and considered. Post-election volatility has been huge in recent months, with Bitcoin, institutional, and retail adoption also gaining momentum.

Unlike Retail investors, who usually hold smaller positions in digital assets with little effect on the price change over a good time, institutional adoption brings massive liquidity accompanied by sophisticated trading algorithms and strategies to stay ahead of the curve and maximize profit margins. The institutional presence is seen with Bitcoin rallies, which could follow sharp and minor price retracements.

Cryptocurrency market volatility is magnified by retailers’ presence in the bull market, as they are drawn by the huge return on investment. This adoption from retailers and institutional players usually drives the prices of digital assets to unprecedented heights, leading to profitable trades, especially for experienced traders.

However, high-profit returns bring risk, and traders and investors must approach the financial market with a strategic plan to help them maximize price movement to the upside while minimizing losses.

Many retail investors have turned to spot trading or hodling digital assets, as the case may be. Still, with the emergence of artificial intelligence and automation processes, the game could be stepped up as many are searching for easy strategies that save lots of time and energy to achieve high profitability on investment.

Embracing Trading Outside the Norm – Automated Copy Trading

Spot trading is the traditional buying and selling of digital assets in the cryptocurrency market. The trader purchases crypto assets in the hope of a rally.

This form of trading dominated the crypto market for years in the previous bull cycles of 2017 and 2021, as the spot market proved lucrative for long holders. Traders who held onto real use cases assets gained significantly. Despite such gains, new or inexperienced traders suffered many losses as the crypto market entered a bearish run or were forced to sell prematurely.

With the bull market on the horizon, traders and investors are looking for innovative ways to optimize their investments for the best results. Automated trading is preferred as it requires little knowledge and time to set up compared to the complexities and timing of spot trading.

Margex automated copy trading is revolutionizing the crypto industry. It allows users to mirror the trades of experienced traders with profitable track records in the market. Users can access past trades and equity history data to make informed decisions.

Margex has also integrated TradinView’s advanced charting tool, which will help users and traders on the Margex platform access real-time market data and price history of digital assets to make decisions on investment strategies and possibly diversify their portfolios.

With the help of Margex’s and TradingView partnership, users can access advanced charting tool features enabled on the Margex platform. Users can enjoy an unprecedented trading experience with features such as 100+ technical indicators, 110+ drawing tools, and 17+ chart types, all of which are included on Margex.

As we head into the bull market, the choice between spot trading and copy trading becomes relevant. Copy trading offers fast solutions for many users seeking to capitalize on the expertise of seasoned traders who have been present in past bull cycles and have profitable track records on the Margex exchange.

Margex’s innovative approach to helping all kings of users leverage the market cannot be underestimated; combined with its advanced charting tools to ensure the user-friendliness of its platform, it gives users an advantage to navigate the bull market confidently.

Here is how ow to initiate your first copy trading journey on Margex platform with as low as $10;

1. Open a copy trading account with Margex

2. Deposit with as low as $10 using different deposit options such as Kaspa, Toncoin, or DOGE for fast deposit

3. Head over to the copy trading dashboard to follow your preferred trader 

4. Decide on the amount you wish to initiate your copy trading experience

5. Confirm all processes above and click confirm to begin your journey to profitability.

 

There’s only two days to go before the presale ends for Crypto All-Stars ($STARS), and investors keep rolling in. With its current token price sitting at $0.0016782, and with over $21.25M raised, could $STARS be ready to build on Pengu’s ($PENGU) success?

$PENGU has had a wild ride so far. After starting only yesterday at $0.05063 a token, the meme coin is now sitting 24 hours later at a more settled $0.033, with a market cap of over $2 billion, and almost $2.4 billion in token sales.

Many Are Celebrating But At Least One Person Is Not

With the extremely successful launch of $PENGU, many will be walking away with a handsome profit.

At least one unlucky trader won’t be joining the big payday though, after they jumped the gun and suspiciously bought $PENGU tokens too early, turning his $10,000 investment into only $3. While others will be celebrating with champagne, he won’t even have enough for a cappuccino.

Now, with only 48 hours to go, can Crypto All-Stars ($STARS) pull off a similar blowout? It’s already raised more than $21M in its presale phase, and its token price has gone from its first day trading of $0.00138 to its current value of $0.0016782,

With a current staking APY of 161%, that will hopefully further increase the profit potential for $STARS owners. Could the stars all align for $STARS by simply being able to read the room and exploit the meme coin frenzy at the right time? PEPU and PENGU certainly have.

The MemeVault Will Streamline Meme Coin Sales

$STARS has a lot going for it which bodes well for the future. First, it too is riding on the current wave of enthusiasm for meme coins. It isn’t a meme itself, but it is about to operate its own MemeVault, which aims to be a smart way to capitalize on the meme coin frenzy as a whole.

Upon launch, the MemeVault aims to give crypto investors a more streamlined, one-stop-shop for effortlessly buying meme coins such as Dogecoin ($DOGE), Shibu Inu ($SHIB), Wall Street Pepe ($WEPE), CatSlap ($SLAP), and of course the aforementioned Pengu ($PENGU).

The MemeVault also gives $STARS a useful long-term use, which will also help it maintain longevity. Although, we have to point out that long-term utility, although it helps, is never a guarantee of future crypto coin success.

If you want to hop in on the action, just go to the official Crypto All Stars website, connect your wallet, and buy your $STARS. It’s as easy as pie.

Wish Upon Your $STARS Before Launch

If you want to get in on the cheaper $STARS prelaunch price, now is the best time to do, with the second best being any moment before the presale window closes on the 20th of this month.

As usual, please not that we’re only making predictions, and that there’s no guarantee a crypto investment can pay off. Always do your own research, come to your own independent conclusions, and never invest what you can’t afford to lose.

$STARS has the potential to do well, but nothing in life is guaranteed except death and taxes. So mitigate the financial risk by doing your homework.

In a potential win for the crypto industry, the Senate Banking Committee has canceled its vote on the reappointment of US Securities and Exchange Commission (SEC) Commissioner Caroline Crenshaw, known for her critical stance on Bitcoin and other digital assets. 

This development, reported by FOX Business journalist Eleanor Terrett, means that Crenshaw will not secure a nomination for her position, as Congress is scheduled to adjourn on December 20.

SEC Commissioner Crenshaw Faces Backlash Over Digital Asset Oversight

According to Terrett, a Senate aide indicated that the scheduled markup vote for Crenshaw’s reappointment has been canceled. While she remains on the commission and can serve until a replacement is confirmed or Congress reconvenes next year, her future in the role has been cast into uncertainty.

The process for nominating SEC commissioners typically involves the minority party–in this case the Democratic Party– recommending candidates to fill its seats. Although President Trump can consider their suggestions, he is not obligated to follow them. 

This leaves open the possibility that Democrats, potentially at the urging of influential figures like Elizabeth Warren, may attempt to revive Crenshaw’s nomination. Ultimately, it will be up to Trump to decide whether to renominate her.

This cancellation comes amid increasing pressure from cryptocurrency lobbyists and industry leaders who have publicly denounced Crenshaw’s record. Critics argue that her support for SEC Chairman Gary Gensler’s oversight of the industry has been detrimental. 

Crenshaw’s characterization of crypto markets as “petri dishes of fraudulent conduct” and her dissent against the approval of Bitcoin spot exchange-traded funds (ETFs) have further fueled opposition.

More Anti-Crypto Than Gensler? 

Brian Armstrong, CEO of Coinbase, voiced strong criticism of Crenshaw last week, stating, “Caroline Crenshaw was a failure as an SEC Commissioner and should be voted out.” He noted her attempts to block Bitcoin ETFs and suggested she was even more problematic than Gensler on certain issues. 

Armstrong also emphasized that any support for Crenshaw could negatively affect senators’ ratings on the Stand with Crypto scale, an initiative created by a Coinbase-affiliated group to assess political figures based on their support for cryptocurrency legislation.

In response to Crenshaw’s perceived anti-crypto stance, the Cedar Innovation Foundation, an industry-backed nonprofit, also launched a five-figure mobile ad campaign targeting her in Washington D.C. and on social media. The ads label her “more anti-crypto than Gensler.” 

Furthermore, last Monday, leaders from the Blockchain Association and the DeFi Education Fund sent a joint letter to Senate Banking leadership opposing Crenshaw’s reconfirmation. 

They stated, “Congress has a clear mandate from the American people to establish sound and reasonable cryptocurrency-related policies,” expressing concern that Crenshaw’s tenure has been marked by actions contrary to this objective.

Crenshaw’s alignment with Gensler on progressive regulatory initiatives, such as the climate disclosure rule aimed at requiring public companies to report their carbon footprints, has also caused friction with Republican lawmakers. They argue that the SEC has overstepped its congressional mandate by engaging in social issues like climate change.

With the recent cancellation of her renomination vote, the efforts of crypto lobbyists appear to be bearing fruit. The industry now anticipates the appointment of a more crypto-friendly commissioner to succeed Crenshaw in 2025, which could signal a more favorable regulatory environment for digital assets in the United States.

Featured image from DALL-E, chart from TradingView.com

Bitcoin (BTC) and Ethereum (ETH) ETFs pushed institutional crypto adoption this year to new highs. In light of the new, crypto-friendly US presidential administration and broader rally, Bloomberg analyst Eric Balchunas expects to see more crypto ETFs rolling out next year. This may include XRP (XRP), Solana (SOL), and dual ETFs.

After a brief dip below $2.40 last week, XRP rebounded to $2.50 and now ranks the third-largest crypto by market cap, surpassing USDT by a mere $2 million. Meanwhile, SOL struggles to recover to its November high of $262.93.

Still, both tokens have shown impressive performance this year and may see more upside if Balchunas is correct in his predictions.

Experts Predict the Arrival of LTC, HBAR, XRP, SOL ETFs (With a Catch)

Balchunas outlined several ETFs we’re most likely to see in 2025, albeit not all at once: Litecoin (LTC), Hedera (HBAR), XRP, SOL, and a BTC/ETH combo fund.

However, he believes LTC ETFs will come first as LTC is a hard fork of BTC and is not labeled as security by the Securities and Exchange Commission (SEC). Similarly, HBAR doesn’t face any legal issues with the SEC.

XRP and SOL ETFs would have to wait until Gary Gensler leaves his position, as the current SEC administration perceives both tokens as securities–even after the Court proved otherwise.

Donald Trump appointed a crypto ally Paul Atkins as the next SEC chairman, who may relax the grip regulators hold on these assets.

Hashdex, Franklin, and Bitwise have already applied for dual BTC and ETH ETFs, while Canary is the only filer for LTC and HBAR ETFs. Balchunas added he’s unsure whether there’s investor demand for altcoin ETFs.

Solaxy Aims to Fix Solana’s Scalability Limitations, Introduces a New Application Layer

Rumors about a SOL ETF have been spreading for a long time. However, once the third-largest crypto, SOL is now lagging behind XRP by $40 million, which may have to do with questionable Solana network performance.

Solana has a history of congestion, failed transactions, and outages. The last major outage happened in February 2024 and lasted nearly five hours.

In a way, Solana is the victim of its own popularity. Thousands of meme coin projects launched on Solana due to its high transaction throughput, high speeds, and no-code tools like Pump.fun. And, by the looks of it, Solana wasn’t ready to handle that influx.

The new Layer-2 solution Solaxy builds upon Solana’s scalable infrastructure to make it more reliable and cheap. By offloading transactions from the main chain, Solaxy prevents congestion and outages.

Solaxy’s native token, $SOLX, is more than a means of paying gas fees. Its multi-chain architecture makes it a bridge between Solana and Ethereum, which means it pulls activity from two massive ecosystems and allows for smooth cross-network transfers.

$SOLX is now available on presale at $0.001566, but the price will increase in less than 44 hours and 30 something minutes as of right now. The project has raised nearly $2 million in a week, most of which will go toward the network’s development.

A significant part of the funds will be distributed to early adopters in the form of staking rewards. The current staking APY of 1,827% presents a prime opportunity to maximize potential returns when $SOLX lists on major exchanges.

To support Solaxy or join in the action, visit the official Solaxy website or head over to its X channel to learn more.

Could Solaxy Push Solana to #3 Again?

It may be too early to claim SOLX is the next 100x crypto. However, it could be the much-needed solution to Solana’s shortcomings, and many altcoins are booming right now.

If Solaxy helps Solana to solve the blockchain trilemma of scalability, security, and decentralization, it could push demand for SOL, and open the door to SOL ETFs.

On top of that, Solana developers would get an entirely new layer to build applications on during this bull run. This means we might see many innovative projects that were previously unimaginable.

Ohio State Representative Derek Merrin (R-Monclova Township) introduced new legislation on December 17, 2024, aimed at authorizing the state treasury to invest in Bitcoin as part of its asset portfolio. Known as House Bill 703, the “Ohio Bitcoin Reserve Act” seeks to establish a dedicated BTC fund within the state treasury, providing the State Treasurer with the legal framework to purchase and hold BTC. The measure does not mandate any specific investment but opens the possibility for future allocation.

Ohio State Consider Strategic Bitcoin Reserve

In an announcement shared via X, formerly Twitter, Merrin stated: “Today, I filed HB 703 to create the Ohio Bitcoin Reserve within the state treasury! Provides state treasurer authority & flexibility to invest in Bitcoin. This legislation creates the framework for Ohio’s state government to harness the power of Bitcoin to strengthen our state finances. As the US dollar undergoes devaluation, Bitcoin provides a vehicle to supplement our state’s portfolio and preserve public funds from losing value.”

The official press release from Merrin’s office emphasizes the legislation’s primary goals: “The US Dollar is being rapidly devalued, and our State Treasurer should have the authority and flexibility to invest in Bitcoin when determining proper asset allocation. Ohio must embrace technology and protect tax dollars from eroding,” Merrin said in the statement.

Merrin’s release also notes that he anticipates the incoming federal administration—under President-elect Donald Trump—may explore establishing a national BTC reserve, referencing prior proposals such as one by Senator Cynthia Lummis (R-WY). According to Merrin’s statement, similar legislation has been introduced in other states, including Texas and Pennsylvania, potentially indicating a growing trend at both state and federal levels to consider Bitcoin as a strategic reserve asset.

“Bitcoin is revolutionizing finance and will reshape world economies. We must have sound money – it’s like digital property rights for everyone who owns it. This legislation sets up the framework for Ohio’s state government to harness the power of BTC to strengthen our state finances,” Merrin stated in his press release.

The Ohio Blockchain Council’s Executive Director, Andrew Burchwell, expressed support: “Governments worldwide are considering investment in Bitcoin as a strategic reserve asset, including the US federal government and states like Texas, Pennsylvania, and Florida. I applaud Representative Merrin for introducing this legislation to ensure Ohio is positioned as a leader in innovation and technology, and I look forward to working with the legislature in 2025 to ensure that Ohio makes the most of this opportunity.”

The introduction of House Bill 703 comes just two weeks before the end of the 135th General Assembly, scheduled to adjourn on December 31, 2024. Since the current session is nearing its close, the proposal will likely serve as a framework for the next legislative session, which begins on January 6, 2025. Under Ohio law, bills not passed by the end of a session must be reintroduced in the following term.

With the bill, Ohio is poised to become the third US state to establish a Strategic Bitcoin Reserve (SBR), following recent initiatives in Texas and Pennsylvania. Pennsylvania, which introduced its own SBR Act in November, could invest up to 10% of its General Fund into Bitcoin. Texas has taken a more moderate step last week, introduced a bill to allow donations and possibly taxes paid in BTC to be held for a minimum of five years.

Florida is also on track to create its own SBR as early as the first quarter of 2025, supported by pro-Bitcoin leadership and advocacy from the Florida Blockchain Business Association (FBBA).

In contrast, Michigan and Wisconsin have opted for more conservative approaches, focusing primarily on BTC-related ETFs and trusts. Notably, the Wisconsin Investment Board became the first state pension fund to acquire Bitcoin ETFs in May of this year.

At press time, BTC traded at $103,987.

A newly uncovered public document reveals that the Bitcoin Policy Institute, a research and advocacy group in the United States, has drafted an executive order that aims to designate Bitcoin as a strategic reserve asset. This proposed order is designed to take effect immediately upon being signed by President-elect Donald Trump on his first day in office.

New Draft Calls for Bitcoin Acquisition Through Treasury’s ESF

According to the draft, as global finance increasingly integrates digital assets, the United States must adapt its financial strategies to maintain its stability and leadership in the global economy. 

The document characterizes Bitcoin as a decentralized, finite store-of-value asset, comparable to digital gold, which could enhance the resilience of the US dollar and support American economic interests. 

If enacted, the executive order would designate Bitcoin as a suitable asset for acquisition within the Treasury Department’s Exchange Stabilization Fund (ESF), establishing a Strategic Bitcoin Reserve as a permanent national asset for the benefit of all Americans.

The draft emphasizes the importance of creating a Bitcoin reserve to bolster the US economy and secure American financial dominance in the years to come. 

By designating Bitcoin as a strategic asset held by the government, the proposal aims to diversify the assets within the ESF, thereby safeguarding national economic security and ensuring a competitive advantage in the 21st century. 

Furthermore, it seeks to position the US as a global leader in the digital assets industry, attracting capital, talent, and sound businesses to thrive within its borders.

To enhance confidence in this initiative, the draft outlines that the Strategic Bitcoin Reserve would be administered by the Secretary of the Treasury, with provisions for regular audits, security standards, and reporting measures. 

Within seven days of the order being signed, any BTC held by federal agencies, including the US Marshals Service, would be prohibited from being sold or encumbered. Instead, it would be transferred to the strategic reserve upon acquisition of legal title.

Additionally, the draft instructs the Secretary of the Treasury to implement an acquisition program for Bitcoin within 60 days of the order’s signing. This would facilitate the management and procurement of Bitcoin under the ESF.

Trump’s Potential Day-One Executive Order 

While this document represents only a draft and neither Trump nor members of the upcoming administration have publicly commented on it, interest in such measures has been growing in recent days. 

Notably, Jack Mallers, founder and CEO of Strike, recently indicated that Trump is considering a day-one executive order to establish a Strategic Bitcoin Reserve. During an interview, Mallers stated, “I also know that Trump is looking at a day one executive order.” 

His remarks prompted discussions about the potential implications of such an order, particularly in the context of the Dollar Stabilization Act, which could grant the president broad authority to protect the dollar.

Trump’s recent statements have further fueled speculation surrounding the establishment of a Bitcoin reserve. In a speech at the New York Stock Exchange, he remarked, “We’re gonna do something great with crypto,” and when asked about the possibility of the U.S. creating a reserve akin to its oil reserves, he replied, “Yes, I think so.”

At the time of writing, BTC is consolidating at the $104,000 level, down 2.5% in the 24-hour time frame. 

Featured image from DALL-E, chart from TradingView.com

Riding the currents of market excitement and community-driven momentum, Dogecoin (DOGE) and Shiba Inu (SHIB) have long been investor favorites. But when both tokens go into periods of consolidation, a new competitor is taking the front stage with more returns and creative features.

DTX Exchange (DTX) is changing how traders see the future of crypto investing with its innovative platform and remarkable 440% ROI, and counting, during presale. Could this newly created token bring exponential returns and replace the meme coin giants? Read on to learn why analysts are calling DTX the best crypto investment for 2024.

DTX Exchange (DTX) Enhances Trading Experience

Accessing over 100,000 financial assets—stocks, cryptocurrency, FX, ETFs—traders tend to witness an enhanced experience. Driven by the creative VulcanX blockchain, DTX Exchange promises unparalleled speed and reliability. Moreover, DTX Exchange offers a trade execution speed of just 0.04 seconds and a testnet throughput of over 100,000 transactions per second.

DTX token holders enjoy additional perks, including staking rewards of up to 15% APY and a share of the trading fee revenue generated by the platform. Additionally, DTX provides traders the potential to maximize market opportunities by unlocking liquidity of $100,000 with just a $100 investment thanks to up to 1000x leverage.

With its special mix of efficiency, accessibility, and security, DTX Exchange is positioned to grab a big market share of the fast-growing $4 billion online trading platform sector as it gets ready for its full-scale introduction. Employing non-custodial storage and wallet-based trade, DTX guarantees that users have complete control over their assets.

Investors have a unique chance to get in early while the DTX token is valued at just $0.12 in its sixth presale round. Analysts project that DTX could experience 20x gains post-launch as a result of the high demand for its limited token supply. Set for exponential growth, DTX Exchange is the best crypto investment for traders looking for a safe, creative, high-performance platform.

Dogecoin (DOGE) Records Notable Consolidation

With the Dogecoin price declining over 2% in the previous week, the altcoin has seen a period of market consolidation. The Dogecoin price dropped back to $0.37 after momentarily hitting $0.48, then picked up momentum once more and passed the $0.40 level.

With its price ranging between $0.43 and $0.36 over the previous week, Dogecoin (DOGE) has shown indications of stability despite its volatility. The Dogecoin price chart has shown a consolidation phase for the past four weeks, staying within a range of $0.48 to $0.35. Nonetheless, the general attitude in the Dogecoin (DOGE) community is still positive.

Moreover, analysts project a possible retest of its all-time high (ATH) of $0.737 in this cycle, therefore putting Dogecoin (DOGE) as one of the promising altcoins to watch. Although the Dogecoin price chart shows a bullish structure that could lead to further rallies, DTX has been taking the front stage.

Early DTX investors have already seen outstanding profits of over 440%; analysts estimate a possible 20x increase in value upon the token’s launch on Tier-1 exchanges in Q1 2025.

Shiba Inu (SHIB) Maintains Momentum Amid Consolidation

As the Shiba Inu price negotiates a consolidation period, trading within the range of $0.000030 and $0.000024 during the past week, it nevertheless attracts investor interest. The Shiba Inu price has risen over 9% in the past month, demonstrating a consistent increasing tendency even with a small weekly rise of less than 1%.

Technical markers point to continuous consolidation, including the descending triangle formation on the monthly Shiba Inu price chart. The yearly Shiba Inu price chart, on the other hand, shows a different picture with higher highs and lower lows pointing to a favorable long-term path.

Shiba Inu (SHIB) is one of the top altcoins to watch for near-term growth since analysts are positive about the altcoin’s likely recovery to its all-time high of $0.000088 in the next few weeks. Although Shiba Inu (SHIB) has great potential, its $16 billion market capitalization could restrict the altcoin from witnessing a fast exponential increase.

Here, DTX offers a convincing substitute. With barely $57 million in market capitalization, DTX has additional area for notable upward movement. DTX is attracting enormous investor interest already showing a 440% ROI during its presale and getting ready for irs Q1 2025 launch.

DTX Exchange Attracts Dogecoin and Shiba Inu Investors

Despite being investor favorites, Dogecoin (DOGE) and Shiba Inu (SHIB) have limited growth potential because of their consolidation periods and large market caps. Meanwhile, DTX has already produced an amazing 440% ROI during its presale, with more price appreciation on the way. Analysts project a 20x increase following launch as this low-market-cap token gets ready for its Q1 2025 debut on Tier-1 exchanges.

Learn more:

Best Presale

Visit DTX Website

Join The DTX Community

President-elect Donald Trump’s remarks about building a strategic Bitcoin reserve have sparked a bull run amid the prospect of Bitcoin becoming a US reserve asset. Furthermore, the bullish altcoin action is expected to resume after the December 18 Fed rate cuts announcement, spotlighting Solana (SOL), Cardano (ADA), and DTX Exchange (DTX).

Experts believe the potential of the SOL price, and traders can enter low after last week’s market dump. Cardano (ADA) is also ready to hit $10 under Charles Hoskinson’s leadership and 2025 ecosystem plans. DTX Exchange (DTX) is well-positioned to skyrocket after its upcoming listing toward a $2 price level.

Experts’ bullish predictions about the SOL price and Cardano (ADA) also reveal the selling points for significant profits in the upcoming months.

Cardano (ADA) Could Hit $10 Under Hoskinson’s Leadership

Cardano (ADA) storms higher in a bullish trajectory as Charles Hoskinson reveals the ecosystem plans for 2025. Since Donald Trump’s election victory, Cardano (ADA) has performed exceptionally well, stealing the spotlight from major currencies like Solana after its $1 bullish rally in November.

According to Martinez, over 80 million Cardano (ADA) have been bought in the last 2 days, suggesting rising trader interest in the token. With the upcoming developer conference and other ecosystem updates, including Bitcoin bridge, the optimistic sentiment for Cardano (ADA) is ready to pump the token to $10 by the end of 2025, emerging as a life-changing opportunity for holders buying the token at the $1.10 price point.

Solana Prediction: SOL Price Will Make New ATH With $300 Rally

After the recent market crash, Solana (SOL) struggles to build momentum as major capital rotates into Ethereum-based tokens. However, the SOL price holds the $220 support level despite sellers dominating the Solana ecosystem due to network developments and the ongoing first-ever Hackathon in Artificial Intelligence.

Meanwhile, many experts believe that the SOL price is well-positioned to display a bullish comeback if buyers break the $230 resistance after Fed rate cuts. This can make the road to the critical $300 level easy for the SOL price, setting a new all-time high and a major selling point for traders who bought the Solana tokens during the market setback for high profits.

DTX Exchange Will Blow The Roof After Binance Listing in 2025

DTX Exchange (DTX) has captured massive attention as the most talked-about presale of 2024, leading with its innovative trading features and cutting-edge technology. The platform introduces groundbreaking elements, including the VulcanX hybrid blockchain, tokenized ETF trading, non-custodial Phoenix Wallet, and 1000x leverage—setting new standards in the tradFi space.

In stage 6 of its public presale, DTX Exchange has already secured an impressive $10.2 million, reflecting robust investor confidence in its post-listing potential. With a focus on trader-centric approaches and early-stage participation, the platform is designed to deliver maximum returns through advanced use cases, passive income strategies, a 3% VIP Rebate System, and infrastructure development.

As its presale nears conclusion, DTX tokens are available for just $0.12—a rare opportunity to invest before major exchange listings like Binance in the coming weeks. Experts project the DTX Exchange as a potential 50x breakout in this bullish cycle, making it a must-watch for traders seeking explosive gains.

Conclusion

DTX Exchange (DTX) stands out as a game-changer, with its record-breaking presale and innovative features positioning it as a major investment for millionaire-making gains. While Cardano (ADA) aims for a $10 target by 2025 and Solana (SOL) eyes a $300 rally, DTX’s upcoming exchange listing and advanced ecosystem provide a compelling case for transformative returns.

Learn more:

Buy Presale

Visit DTX Website

Join The DTX Community

 

 

 

 

On-chain data shows the most massive Ethereum whales control most of the supply, with their holdings only continuing to grow.

Ethereum Mega Whales Own More Than 57% Of All Tokens In Existence

In a new post on X, the on-chain analytics firm Santiment has discussed how the ETH supply held by the different segments of the user base has looked recently.

The indicator of relevance here is the “Supply Distribution,” which keeps track of the percentage of the Ethereum circulating supply that a given wallet group is holding right now.

Addresses or investors are divided into these cohorts based on the number of coins they carry in their balance. For instance, the 1 to 10 coins group includes all wallets owning between 1 and 10 ETH.

In the context of the current topic, three broad ranges containing multiple cohorts are of interest: 0 to 100 coins, 100 to 100,000 coins, and 100,000+ coins. The first includes the market’s small hands, like the retail investors.

These holders don’t have holdings that amount to much in the grand scheme of things, so they individually don’t hold any importance in the market. In the second cohort, the 100 to 100,000 coins one, the wallets start becoming a bit large, but only toward the end of the range.

The range includes two of the key investor groups in the sector, the sharks and whales. The whales are significantly more massive than the sharks, so they are the cohort carrying the more importance in the market.

Finally, the largest addresses on the network hold more than 100,000 ETH. At the current price, this amount nears $400 million, so the investors in this group would be quite massive indeed. An appropriate name for them would perhaps be “mega whales.”

Now, here is the chart shared by the analytics firm that shows the trend in the Supply Distribution for these three Ethereum wallet ranges over the past decade:

As displayed in the above graph, the percentage of the Ethereum supply held by the mega whales has risen over the past couple of years. At the same time, both smaller wallet ranges have lost dominance, with the sharks and whales in particular witnessing a rather steep drop.

The mega whales, consisting of only 104 members, today own 57.35% of the ETH supply, a new all-time high. Meanwhile, the holdings of the sharks and whales sit at an all-time low of 33.46%.

Generally, the centralization of supply isn’t positive for any cryptocurrency. Still, it matters especially for Ethereum as the network runs on a consensus mechanism based on the Proof-of-Stake (PoS). This means that if an entity or a group of entities controls 51% of the supply, they can take over the network.

That said, many mega whales would not be ‘real’ investors but wallets belonging to staking pools and other platforms, who merely hold the coins in one place on behalf of many investors.

ETH Price

Ethereum has seen a pullback during the past day, as its price is now $3,930.

The Income Tax Appellate Tribunal (ITAT) in Jodhpur, India, has today clarified the taxation of crypto transactions conducted before the financial year (FY) 2022-2023. According to the ruling, profits from all such transactions will be treated as capital gains.

ITAT Gives Clarity On Pre-2022 Crypto Taxation

In what is considered a landmark ruling for India’s digital assets ecosystem, the ITAT declared that cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and others, were capital assets before April 1, 2022. Consequently, any profits earned from their sale during that period should be categorized as capital gains rather than income from other sources.

For the uninitiated, India’s current virtual assets taxation framework came into effect on April 1, 2022, as part of Virtual Digital Assets (VDA) regulations. These rules impose a flat 30% tax rate on all crypto gains without allowing taxpayers to offset losses against gains. Additionally, a 1% tax deductible at source (TDS) is levied on every crypto transaction.

However, ITAT’s decision offers some relief to early Indian cryptocurrency adopters, as they will be subject to a lower tax rate than the flat 30% rate imposed under the current framework. Specifically, before April 1, 2022, short-term capital gains were taxed at 15%, while long-term capital gains were taxed at 10%.

The ITAT’s decision came while hearing a case involving an individual who had purchased BTC worth $6,478 in FY 2015-16 and sold it for $78,803 in FY 2020-21. The individual argued that the proceeds from the sale should be taxed as long-term capital gains since the asset was held for more than three years. However, the assessing tax officer disagreed, contending that digital assets assets, lacking intrinsic value, could not be classified as property.

In contrast, the ITAT dismissed the tax officer’s argument, stating that under Section 2(14) of the Income Tax Act, cryptocurrency qualifies as property. The tribunal clarified that “property of any kind held by an assessee,” including a right or claim over an asset, satisfies the definition of a capital asset.

India’s Regulatory Gap In Digital Assets

Despite boasting the highest crypto adoption rate globally, India continues to lag in creating a supportive regulatory framework for digital assets. As a result, numerous virtual assets businesses have relocated their headquarters to more crypto-friendly jurisdictions such as the UAE or Singapore.

India’s high tax regime – 30% on gains and 1% TDS on transactions – has been a frequent target of criticism. Last year, the former CEO of WazirX digital assets exchange predicted that the current tax structure would remain in place for at least two more years before any significant revisions.

The Indian government is considering consultations with industry experts to shape a balanced regulatory framework for cryptocurrencies. BTC is trading at $108,248 at press time, up 2.5% in the past 24 hours.

French Member of the European Parliament (MEP) Sarah Knafo delivered a high-profile address, urging the European Union (EU) to adopt a “Strategic Bitcoin Reserve” as part of a broader effort to promote financial autonomy and combat inflationary pressures.

A French magistrate and member of the Cour des Comptes, Knafo’s background includes public service and political advising, most notably for right-wing Jewish presidential candidate Éric Zemmour. Knafo’s public role has steadily risen since her election to the European Parliament in 2024.

Why The EU Needs A Strategic Bitcoin Reserve

In her speech on the Parliament floor, Knafo drew upon global examples—citing El Salvador’s early adoption of Bitcoin and political figures such as former US President Donald Trump and Federal Reserve Chairman Jerome Powell—to underscore a rising wave of institutional acceptance. She asserted that the EU’s current financial strategies put member states at a disadvantage within what she characterized as a rapidly evolving monetary landscape.

“Already 3 years ago, on the other side of the Atlantic, the president of El Salvador decided to invest for his country in crypto-currencies,” said Knafo, referencing El Salvador’s 2021 legal tender law. “At the time, he was reviled by the political class and the IMF. Today, he’s up 100%.”

Emphasizing a perceived missed opportunity for EU nations, Knafo argued that El Salvador’s move has yielded significant capital gains—resources that, she said, the country has used to bolster both “the security and sovereignty of his country.” Turning to the United States, she acknowledged that “Donald Trump will establish a strategic Bitcoin reserve for the United States.”.

Knafo also invoked the public stance of Federal Reserve Chairman Jerome Powell, stating that “Jerome Powell […] is now talking about it as ‘digital gold.’” She positioned these developments as signs that other major economies are adapting to decentralized finance, while “the European Union […] continues to accumulate tragically inflationary deficits,” with existing regulatory measures that she criticized as overly restrictive.

“We don’t want this dystopian world,” Knafo warned, referencing the European Central Bank’s work on a digital euro. “Where tomorrow a European bureaucrat will be able to prohibit us from certain transactions and even eliminate us from the banking system at the click of a button for something we say on social networks.”

Throughout her address, Knafo appealed for a wholesale shift in EU financial policy: “It’s time to say no to the totalitarian temptations of the European Central Bank, which wants to impose a digital euro entirely in its own hands […] It’s time to bet on freedom.”

She went on to advocate for a flourishing Bitcoin mining sector in the EU, suggesting that France’s nuclear energy infrastructure could supply a competitive edge. “We, the French, hold the cards with our nuclear trump card,” she said, framing domestic power generation as an untapped enabler of large-scale mining operations.

Knafo also addressed the need to adjust current taxation policies, urging lawmakers to “stop taxing cryptocurrency holders” and stressing that crypto-asset holders took personal risks to generate their wealth. She characterized existing government deficits as directly fueling inflation and economic instability: “Government deficits that drive money creation […] create inflation, that lead to chaos […] Let them protect themselves from the insane spiral you’ve created.”

At press time, Bitcoin traded at $106,947.