Current location: house » How to Avoid Cryptocurrency Scams During the Holidays in 2 Minutes author Last updated date: December 16, 2024 Fact Checker’s full profile Author’s full profile A new type of cryptocurrency scam is on the rise. “pigsticking.” These sophisticated fraudsters replace the old Ponzi approach with cunning, personalized tricks that fool even the savviest market participants. Here’s what to look for: Learn how to avoid these scams in 2 minutes. What is the new pig slaughtering cryptocurrency scams? The “pig slaughter” plan is as evil as it sounds. Fraudsters weave a web of trust across social platforms…
Author: Crypto Flexs
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Forget ugly sweaters and fruitcakes. This Christmas it’s all about Bitcoin bling and blockchain fun. Whether your loved one is mining cryptocurrency under the mistletoe, using non-fungible tokens like Christmas ornaments, or staking tokens while sipping eggnog, Cointelegraph’s 2024 Christmas Gift Guide is the perfect gift to brighten their holiday. Give gifts. Here are 13 Web3 gifts to round out for cryptocurrency enthusiasts this holiday season. 1. Cryptocurrency phones are the gift that keeps on giving Solana’s second-generation phone, “Seeker,” features features such as a cryptocurrency wallet, NFT marketplace, and DApp integration.Seekers’ predecessor, Saga, is known for offering lucrative airdrops…
contributor Posted on: December 16, 2024 Bitcoin hit $106,000 due to Trump’s Bitcoin reserve offer. A Federal Reserve interest rate cut could increase Bitcoin demand. The cryptocurrency market is abuzz with President-elect Donald Trump’s proposal to establish a strategic Bitcoin (BTC) reserve in the United States. With this proposal, Trump captured the attention of investors and sparked optimism about Bitcoin’s future. On December 15, Bitcoin reached a new milestone above $106,000, peaking at $106,488 before stabilizing at $104,518. The significant price surge comes as investor interest grows due to the possibility that Bitcoin could soon become part of the U.S.…
HighlightsThe UK’s Financial Conduct Authority has launched a new consultation proposing a ban on public cryptocurrency offerings by unregulated entities.The consultation is expected to be completed in March 2025, and the market watchdog will implement the draft regulations by 2026.The move builds on existing restrictions on the promotion of unregistered cryptocurrencies to UK residents. The UK’s Financial Conduct Authority (FCA) has published a new consultation document proposing a complete ban on the issuance of cryptocurrencies by companies outside its jurisdiction. The move is part of the country’s efforts to strengthen its grip on the rapidly evolving cryptocurrency sector. The proposal,…
Georgetown, Cayman Islands, December 16, 2024, Chainwire During the testnet phase, over 1.3 million users contributed over 6.5 million data points to train user-owned AI models. On mainnet, DataDAO leverages the $VANA token to enable users to collectively own, monetize, and manage their personal data for a stake in the burgeoning AI economy. Monday, December 16, 2024 — Vana, the pioneering network for user-owned data, today announced the launch of its mainnet and native $VANA token. This launch is an important milestone in breaking through the data walls that limit AI development while protecting privacy and giving users a stake…
Jessie A. Ellis December 16, 2024 02:52 Learn why companies are increasingly adopting Bitcoin as a financial asset, highlighting cases like MicroStrategy and Tesla and discussing the impact of these trends on global finance. In the evolving financial landscape, more and more businesses are adopting Bitcoin (BTC) as a core component of their treasury strategies. This trend marks a significant shift in global finance as companies look to leverage Bitcoin’s strengths as a hedge against inflation and as a store of value. Notable pioneers of this movement include MicroStrategy, Tesla, and Tether Holdings, according…
Leading cryptocurrency analyst EGRAG has revealed a timeline for XRP to surpass its $5 target and set new highs by double-digit prices of $27. XRP has emerged as a winner in the recent bull cycle, and widely followed market analysts are optimistic that the sky is the limit for this altcoin. EGRAG utilizes pointers captured in its Bifrost Bridge analysis to suggest how long XRP holders will wait for the cryptocurrency asset to demand new heights. that analyze by EGRAG follows XRP’s latest performance, which saw the cryptocurrency asset surge 280% from $0.51309 to $1.90 in November, according to…
The price of Ripple (XRP) has seen significant movement recently, with a notable surge in November to its highest level since 2018. XRP, currently the fourth largest cryptocurrency by market capitalization, has a within 3% chance of overtaking Tether for third place. Following last month’s strong performance, XRP has entered a minor consolidation phase and is down 2% over the past week. Currently, technical indicators suggest a balance between bullish and bearish momentum. XRP RSI is currently neutral Ripple price recently reached its highest price level since 2018, but has fallen 2% over the past week. During the December surge,…
XRP (XRP) has stalled after an incredible six-week rally as profit booking slowed the altcoin’s $3.00 rally. The XRP/USD pair peaked at $2.90 on December 3 and then fell 2% to an intraday low of $2.3 on December 16 in a correction trend that began. As a result, XRP’s price tripled and then fell nearly 18%. This is the value for the last 6 weeks.XRP price rises on RLUSD stablecoin hypeXRP is receiving increasing attention due to its outstanding performance over the past few weeks, as well as major developments within the XRP Ledger (XRPL) ecosystem, including the upcoming RLUSD…
December 16, 2024, New York, USA, Chainwire To celebrate innovation, Forbes Web3 is proud to feature community members who hold a Forbes Legacy Pass in our December 2024/January 2025 issue. Forbes Legacy Pass is more than just a membership. It is an innovative experience that brings together global entrepreneurs, founders, and creators. This grants members exclusive access to global Forbes Web3 events, access to curated artist drops, and a global community of thinkers and doers. To learn more about the Forbes Legacy Pass and to apply for a spot, visit Forbes…