Energy finance company PowerDime has unveiled the development of a tokenized renewable energy trading platform built on the Chintai layer 1 blockchain network. The platform targets institutional investors seeking yield and renewable energy projects seeking financing options.The platform features tokenized virtual power purchase contracts (fixed-price financial contracts for electricity) and provides regular cash flows to investors. Josh Gordon, Managing Director of Chintai, told Cointelegraph:“By leveraging the power of blockchain, we are transforming renewable energy into more than a promise; it is now an investment opportunity. By tokenizing traditionally illiquid contracts, we can drive a sustainable future for institutional investors while…
Author: Crypto Flexs
According to data on historical market performance during US elections, the bullish momentum in the cryptocurrency market may slow down following the inauguration of US President-elect Donald Trump on January 20, 2025.In the United States, stocks and cryptocurrencies such as Bitcoin (BTC) perform well in the weeks following the presidential election, then decline once the next president takes office, according to data from Bloomberg and researcher Macrobond Financial. According to data from research group TS Lombard, this phenomenon is especially noticeable when the incumbent president is a Republican. Republicans are generally seen as more business-friendly, leading to greater euphoria in…
XRP (XRP) gained 297% in November 2024, its highest monthly return on investment (ROI) since December 2017. The monthly close of $1.95 is a seven-year high and a break from the 2021 high. 1-month chart of XRP. Source: Cointelegraph/TradingViewXRP has already moved more than 20% more in the past 24 hours, with one analyst noting that XRP’s price target could be much higher than expected. The analyst sets an XRP “FOMO” target of $6.60.With XRP surpassing market expectations over the past few weeks, independent cryptocurrency trader Jacob Canfield said XRP could rise another 100% from its previous high of $3.40.…
“Let me start by saying that I made over $30,000 in passive income last month. It sounds crazy, right? But I promise you, it’s 100% real. I used to think that making money in your sleep was just about making money. “Anyone who is very wealthy or tech-savvy can do it, but it turns out it’s totally possible, and I’m here to tell you how I did it,” Dennis said.Dennis has been installing solar panels for three years, and five years ago he asked his wife, “Do I really have to work until I die?” “That’s life,” she answered simply.“To…
According to CoinShares’ latest fund flow report, digital asset investment products had the second-lowest weekly inflows over the past eight weeks, totaling $270 million. This brings total inflows so far this year to $37.3 billion.James Butterfill, head of research at CoinShares, highlighted unusual contrasts in the flows of various assets within the class. He noted that the minimal influx was partly due to the impact of newly released options on the product.Despite high initial trading volume, US ETF options failed to significantly increase ETP trading volume, which fell to $22 billion from $34 billion last week.Ethereum, XRP outperform Bitcoin.Bitcoin has…
A trader known for making timely altcoin calls has revealed his actual bull market price target for memecoin Dogecoin (DOGE). Household analyst Bluntz tells his 300,100 followers on social media platform X that he believes DOGE will rise much higher than most people expect. Analyst predicts a potential bull market high for Memecoin by comparing Dogecoin to Bitcoin (DOGE/BTC). “From a cycle perspective, DOGE/BTC is currently in a massive uptrend, down 90% in the ABC cycle, which lasts from 2021 to 2024. I expect DOGE/BTC to hit all-time highs this cycle and the simple 1.618 extension measured in previous cycles…
LMWR has surged 62.13% in the last 24 hours. Market indicators suggest that LimeWire remains undervalued. LimeWire (LMWR) has posted a strong rally since hitting a local low of $0.1707 a week ago, reaching a five-month high of $0.47. However, following this price surge, a market correction occurred. In fact, as I write this, LimeWire is trading at $0.3975. This is an increase of 62.13% over the last 24 hours. During the same period, altcoin trading volume surged 672.12% to $56.92 million, and market capitalization surged 51% to $114.42 million. Likewise, it rose 103.46% and 226.74% on the weekly and…
Black Friday is over and December has begun in earnest. It is now socially acceptable to be crazy about Christmas. Unlike those of you who hang up stockings on November 1st (I can see, I don’t approve). Now that it’s finally time to embrace your sparkly cheer and irrational urge to bake cookies for the imaginary man who broke into your home, why not play Coin Gobbler: Christmas Edition slot? I won’t lie, I’m pretty worried – Santa’s beard is gone – maybe he’s having a midlife crisis (or whatever you want to call it at 1,700). I’m nervous, but…
Last January, WisdomTree, one of the first companies to issue a spot Bitcoin exchange-traded fund (ETF) in the United States, applied to launch a spot ETF backed by XRP.On December 2, WisdomTree became the fourth company in the United States to file a Form S-1 for a spot XRP (XRP) ETF with the Securities and Exchange Commission.XRP ETF observations from Bloomberg ETF analyst Eric Balchunas. Source: Eric Balchunas/Eleanor TerretWisdomTree’s new ETF, the WisdomTree XRP Fund, aims to provide investors with exposure to the XRP price through the issuance of shares that will be listed on the Cboe BZX Exchange.Subject to…
Cryptocurrency markets are heading into the long-awaited altseason, which could bring great excitement to speculative traders, but according to a prominent market analyst, the deciding factors may have been different. “Stablecoin liquidity” to determine next alt season The cryptocurrency market is changing, with cyclical indicators, market structures, and trading patterns changing rapidly. “Altseason is no longer defined by Bitcoin’s asset cycle,” CryptoQuant CEO Joo Ki-young wrote in a December 2 post on X. According to Young JU, the traditional signal signaling the start of altcoin season, when capital moves from Bitcoin (BTC) to altcoins, is outdated. Instead, there was more…