Author: John Smith
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. DOGEN gains momentum as projections suggest 25,000% returns, surpassing XRP and Dogecoin’s performance. Anticipation is mounting around DOGEN, a rising star in the cryptocurrency world, with projections hinting at staggering returns of up to 25,000%. This potential leap could eclipse the impressive gains of established tokens like XRP and Dogecoin. What’s driving this enthusiastic outlook, and could DOGEN be poised to reshape the crypto landscape? DOGEN: The ultimate meme token for alpha investors Unlock inner alpha with DOGEN, the…
Users affected by FTX’s 2022 crash will begin receiving bankruptcy distributions, with the option to receive payouts in stablecoins, through Kraken and BitGo. The FTX estate confirmed that its bankruptcy disbursement plan will become effective on January 3, 2025, following court approval by U.S. District Judge John Dorsey in October. Sunil Kavuri, a spokesperson for FTX’s largest creditor group, identified Kraken and BitGo as the confirmed distribution partners, citing the platforms’ payment capabilities. According to Kavuri, customers will have the option to receive repayments in stablecoins. FTX Claims: DistributionFTX has uploaded two distribution partners – Bitgo and Kraken with a…
Staking protocol Lido has announced a timeline for the sunsetting of its products on Polygon in the coming months. The Lido Finance team announced on December 16 that it plans to discontinue all operations on Polygon following a DAO forum discussion and a community vote approving the move. According to the team, the decision to end Lido’s support on Polygon was made by Lido DAO (LDO) token holders, with the initial proposal forwarded by Shard Labs in 2021. Lido cited several challenges influencing the decision, including limited user adoption and shifting dynamics in the decentralized finance (DeFi) ecosystem. Additionally, Polygon’s…
Semler Scientific, a company focused on technology solutions for healthcare providers, announced an update on its Bitcoin holdings. Between December 5 and December 15, 2024, the company acquired an additional 211 Bitcoin (BTC) for $21.5 million, bringing its total holdings to 2,084 BTC. The recent purchase was made at an average price of $101,890 per Bitcoin, including fees and expenses. The total value of Semler’s Bitcoin holdings now stands at $168.6 million, based on an average purchase price of $80,916 per Bitcoin. Semler’s Bitcoin acquisition was funded through proceeds from its at-the-market offering and operating cash flow. The company has…
Coinbase has announced the listing of Parcl, a Solana-based decentralized real estate trading platform. The cypto exchange will list Parcl (PRCL) token on December 17, starting on or after 9:00 AM Pacific Time, subject to liquidity conditions. Coinbase plans to add the PRCL-USD trading pair once there is sufficient supply. According to the U.S.-based crypto exchange, PRCL transfers will be available on both Coinbase and Coinbase Exchange. However, the rollout will be phased, with availability restricted in certain jurisdictions. What is Parcl? Parcl is a decentralized real estate platform that provides access to city indexes, including major destinations like New…
The U.K.’s Financial Conduct Authority issued a public notice against Solana meme coin Retardio, while holders celebrated a 16% price surge following the news. Retardio, a viral Solana (SOL) meme con project, may be providing or promoting financial services without regulatory permission, the FCA announced in a Dec. 16 update. Engaging with the meme coin disqualifies investors from using the Financial Ombudsman Service, the FCA’s complaint resolution channel. Retardio buyers are also excluded from protections offered by the Financial Services Compensation Scheme. “This means it’s unlikely you’d get your money back if the firm goes out of business,” according to…
Ripple’s U.S. dollar stablecoin will become available on the XRP Ledger and Ethereum blockchain starting Tuesday, December 17. Digital payment behemoth Ripple (XRP) has declared Dec. 17 as the debut date for its U.S. dollar-backed stablecoin RLUSD in the Americas, the U.K., the Middle East, and Asia-Pacific markets. RLUSD’s launch follows last week’s final regulatory approval from the New York Department of Financial Services. NYDFS’s greenlight moved the stablecoin from its test phase to a broad rollout across several platforms like Uphold, MoonPay, Bitso, Bullish, Mercado, and CoinMENA. Ripple CEO Brad Garlinghouse said the XRP company intentionally launched its RLUSD stablecoin “under…
Bitcoin has smashed past another record level with a surge to a new all-time above $107,000. After reclaiming the psychological $100,000 level, Bitcoin (BTC) strengthened further, reaching highs of $107,172 on U.S.-based crypto exchange Coinbase. The flagship digital asset rose to this new ATH as the world’s largest corporate holder of BTC purchased another $1.5 billion worth of the asset. Bitcoin broke to above $104 on December 5, 2024. However, profit-taking saw it dip to lows of $97,044, where it struggled for upward momentum over the next nine days. On December 15, 2024, bulls pushed the price above its previous…
Chainlink price continued its strong rally, reaching a high of $30, its highest level since November 2021. Chainlink (LINK), the biggest oracle in the blockchain industry, rose to $30.17, up over 270% from its lowest point in September. The coin soared due to several tailwinds that could drive further gains in the near term. For example, Donald Trump’s World Liberty Finance selected Chainlink as its oracle provider and acquired 78,387 LINK tokens valued at over $2.3 million. Hedera Hashgraph (HBAR), the popular layer-1 network, selected Chainlink as the provider of its oracles as it seeks to boost its Decentralized Finance…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A veteran trader predicts Bitcoin at $150K and Ethereum at $5K by summer, spotlighting 5 altcoins primed for big gains. The crypto market is on the cusp of a seismic shift as a veteran trader predicts Bitcoin’s surge to $150,000 and Ethereum’s climb to $5,000 by summer. These ambitious projections come alongside a focus on five altcoins that could mirror this bullish momentum. From unique meme coins like Catzilla to established players like Solana and Uniswap, these assets are…