The cryptocurrency landscape is changing rapidly, and one of the most significant recent developments is Russia’s push to integrate Bitcoin into international payment systems. The move has sparked widespread discussion about its implications for global finance. But the important question for investors and cryptocurrency enthusiasts is how these changes can create opportunities for growth, returns, and innovation.In this article, we explore the potential impact of Bitcoin adoption in Russia and how you can take advantage of this transformative moment. Whether you are a trader, investor, or entrepreneur, understanding these changes can set you up for long-term success.How Russia’s Bitcoin Strategy…
Author: Crypto Flexs
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The team behind dog-themed meme asset Floki (FLOKI) has announced plans to launch a new exchange-traded product (ETP). In a new thread on social media platform “We have been actively working with respected asset managers and ETP issuers to launch the Floki ETP for quite some time. After months of due diligence and hard work, we have heard that Floki ETP is scheduled to launch in early Q1 2025. This proposal would allow the Floki DAO (Decentralized Autonomous Organization) to accept liquidity for Floki ETPs! ” ETPs allow investors to gain exposure to a specific asset without having to actually…
HighlightsKULR Tech purchased 217 Bitcoins as a strategic reserve asset.The company joins MicroStrategy and others with its BTC portfolio.The government is considering establishing Bitcoin as a strategic reserve asset. KULR Technology Group Inc., an American energy management company, purchased 217.18 BTC $96313 24-hour volatility: 2.6% Market capitalization: $1.91T Vol. 24 hours: $41.19B . Based on the current Bitcoin market price of $95,446.34, the purchase amounts to $21 million. The NYSE-listed company launched its Bitcoin treasury strategy on December 4, further aligning its decision to accumulate the cryptocurrency amid recent market volatility. KULR switches from Norm to BitcoinFpeter. KULR Tech purchased…
contributor Posted on: December 27, 2024 Large transactions on Uniswap surged 200% in just 24 hours. Exchange inflows have steadily declined over the past three days, with altcoin prices plummeting 9% in less than 48 hours. Uniswap’s (UNI) market activity is sending mixed signals, leaving market participants pondering its potential trajectory in the near future. On the one hand, there has been a surge in whale activity in altcoins, as evidenced by a 200% surge in large transactions in the last 24 hours alone. Rather, the UNI exchange inflow has been decreasing for three consecutive days. To further complicate matters,…
December 20th Are AI agents the future of digital assets? Posted at 14:38h education by admin The convergence of artificial intelligence (AI) and digital assets is transforming cryptocurrency systems, and AI agents are being researched for tasks such as transaction execution and wallet management to improve efficiency and scalability. Partnerships like Eliza Labs and Stanford University’s Future Digital Money Initiative are advancing this intersection, while projects like AI16z highlight the potential of decentralized autonomous AI agents to optimize blockchain networks. However, as evidenced by AI manipulation incidents, vulnerabilities expose serious risks that require robust safeguards to maintain trust in these…
Solana staking pool Jito generated more than $100 million per month in preferential fees and tips in November and December, according to a December 26 report from cryptocurrency researcher Kairos Research. Kairos said that in 2024, Jito’s validators increased their tip revenue by an average of 32% per month. Monthly income peaked in November at about $210 million. Jito’s growing tip revenue reflects the soaring popularity of the Solana network. It also marks an increase in a validator’s income by prioritizing certain transactions over others. This is a practice known as maximum extractable value (MEV). source: Kairos Studiesrelevant: DeFi TVL…
Strive, an asset management company started by Vivek Ramaswamy, is looking to launch an ETF that would invest in convertible bonds issued by MicroStrategy and other companies that buy Bitcoin. The company filed its application with the SEC on December 26. Bitcoin demand continues to grow among retail investors. According to the filing, the ETF aims to provide investors with exposure to “Bitcoin bonds,” which are convertible bonds issued by companies like MicroStrategy that use the money to buy bitcoin. Strive will either invest directly in these bonds or actively manage ETFs using financial instruments such as swaps and options.…
The U.S. Bitcoin spot exchange-traded fund (ETF) experienced withdrawals for four days in a row, with notable outflows occurring on Christmas Eve.Data from SoSovalue as of December 24 showed a total outflow of $338.4 million from ETFs on Christmas Eve.BlackRock’s iShares Bitcoin ETF led the decline, recording the largest daily outflow of $188.7 million. Fidelity’s Bitcoin ETF recorded $83 million in withdrawals, while Ark and 21Shares’ Bitcoin ETFs recorded net outflows of $75 million.Bitwise’s BITB fund was the only ETF to record positive net inflows, adding $8.5 million. The remaining funds were inactive during the day.Meanwhile, after a sustained positive…
Since retesting the $2 psychological support on December 20, XRP (XRP) has consolidated between $2.40 and $2.13 over the past week, heading toward a breakout in either direction. While the High Time Frame (HTF) structure remains bullish, one analyst explained why the altcoin should close positions above $2.30 in the near term. The analyst says XRP has a “buy barrier” to $2.23.CW, an anonymous cryptocurrency data analyst, said that with XRP oscillating between narrow price gaps, short-term buying barriers currently support the altcoin. This buy wall was between $2.20 and $2.23 and further declines may occur as the altcoin is…
Crypto investors are heavily drawn to meme assets in 2024, according to a new study. CoinGecko said in a research paper that most of the cryptocurrency interest in 2024 will be driven by the memecoin sector, which has expanded from dog-themed tokens to other animal- and personality-themed digital assets. “The most popular cryptocurrency story in 2024 was by far the memecoin story, which accounted for a combined 30.67% of global investor attention across major memecoin stories and 25 memecoin trends. That said, as the market quickly expanded from dog-related memecoins to other animal- and personality-themed memecoins, nearly a third of…