TRON saw the largest decline in illicit volume, with the same figure falling by $6 billion. TRX posted a 3.02% gain on the charts. Over the past year, TRON has worked hard to restore its reputation and increase acceptance while reducing legal issues. In fact, blockchain has attempted to fight crime by limiting and confiscating assets obtained through criminal activity. To this end, TRON, Tether, TRM Labs, etc. have started collaborating through T3 FCU starting in 2024. According to Justin Sun, these efforts are now bearing fruit and illicit trade volumes are decreasing overall. Illegal volume significantly reduced According to…
Author: Crypto Flexs
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According to data from TheMiningMag, publicly traded U.S. cryptocurrency mining companies doubled their Bitcoin (BTC) holdings last year, holding a total of 92,473 (worth $8.6 billion) as of the end of December, with the price of the largest cryptocurrency at It rose 120%.The largest amount, almost half of the total, is held by MARA Holdings (MARA) with 44,893 BTC. MARA has the second-largest holdings among publicly traded companies, surpassing MicroStrategy’s (MSTR) 450,000 BTC.The HODL strategy of investing in Bitcoin and holding it for the long term has become popular over the past 12 months, following a typo that occurred more…
Timothy Morano January 17, 2025 09:42 The Hong Kong Monetary Authority announced an increase in the composite interest rate to 2.24% by December 2024, reflecting the increase in weighted funding costs for deposits. The Hong Kong Monetary Authority (HKMA) said the composite interest rate rose slightly to reach 2.24% by the end of December 2024. This is an increase of 4 basis points from the 2.20% in November reported by the HKMA. . Factors Affecting Rate Increases The rise in comprehensive interest rates primarily reflects the increase in weighted funding costs for deposits throughout…
The price of XRP (XRP) has outperformed most other cryptocurrencies over the past few days, hitting an all-time high of $3.38 on January 16th. XRP’s surprising rally has market participants wondering how much the price could rise in 2025, especially if a spot XRP exchange-traded fund (ETF) is approved.XRP/USD weekly chart. Source: Cointelegraph/TradingViewAI is ahead of double-digit XRP price.ChatGPT says that if XRP is above $3, a spot ETF approval could have a “moderate” impact on the price, with a target of $5 to $10. This represents a scenario where ETF approvals lead to moderate capital inflows from retail and…
NEXT BASKET announces NEBA token to power Web3 e-commerce ecosystem – CoinJournal NEXT BASKET is a software platform for building online stores based on artificial intelligence. Currently available for sale on four continents. The company has already released it for private sale. heaven Token with price $0.04, The planned public launch price is $0.20. NEXT BASKET uses its sales profits to heaven The token lays the foundation for the world’s first decentralized online store and marketplace platform. The decentralization of e-commerce achieved through blockchain technology eliminates intermediaries and offers numerous benefits. NEBA token utility heaven The token is the basis…
Merit Systems, a startup focused on changing the economics of open source software development, has raised $10 million in a seed funding round co-led by Andreessen Horowitz’s cryptocurrency fund and Blockchain Capital.Merit is developing a contribution protocol for open source projects, a system that tracks contributions and rewards contributors in proportion to the value they create.According to its founders, the protocol seeks to create a more sustainable economic model for open source projects. The core idea is to evaluate and reward contributors based on the value they add to the project, moving away from reliance on volunteer contributions or corporate…
Thailand is currently considering allowing Bitcoin exchange-traded funds (ETFs) to be listed on local exchanges. The plan could pave the way for both individual and institutional investors to gain exposure to Bitcoin in the country. Wider accessibility through local Bitcoin ETFs The Securities and Exchange Commission of Thailand (SEC), under the leadership of Director-General Pornanong Budsaratragoon, is actively exploring mechanisms to increase access to Bitcoin ETF investments. According to Bloomberg, this step is part of Thailand’s strategy to adapt to the growing adoption of cryptocurrency globally. In June 2024, the SEC approved the country’s first Bitcoin ETF targeting professional investors.…
In the rapidly changing cryptocurrency world Best cryptocurrency exchange It is important to provide smooth and efficient service. With the rise of decentralized finance (DeFi), users are becoming increasingly demanding of the platform they choose. One platform that has garnered attention is Swapzone, which offers a user-friendly interface and streamlined experience for cryptocurrency users looking to exchange tokens quickly and securely. In this article, we will take a closer look at Swapzone’s interface, analyzing its design and usability to find out why it is considered one of the best options for cryptocurrency exchanges.When it comes to cryptocurrency exchanges, the term…
james ding January 17, 2025 07:57 As highlighted in our recent analysis, emerging markets face significant risks in 2025 due to geopolitical tensions, trade tariffs, and Federal Reserve policy. Emerging market outlook to 2025 As the new year begins, emerging markets are poised to navigate a complex environment of geopolitical tensions, trade tariffs, and changes in monetary policy from the Federal Reserve. According to VanEck, these ‘WTF’ risks (war, tariffs, Fed) are top concerns for investors and policymakers alike. Geopolitical Tensions and Tariffs As geopolitical tensions persist, the global economic environment remains fraught with…
Bitcoin (BTC) advocates, who propagate various theories about how high the BTC price could rise, often cite cash exchange-traded fund (ETF) inflows and institutional adoption as reasons for the price to remain above $100,000. However, this type of analysis fails to focus on the fundamental factors that are causing investors to shift their perception of Bitcoin from a high-risk asset to the digital equivalent of gold.Three real catalysts for Bitcoin’s sustainable price growth include regulatory changes enabling broader institutional participation, easing restrictions on retirement investments, and increasing recognition of Bitcoin as a strategic reserve asset similar to gold.Institutional Bitcoin adoption…