Author: cointechies

Disclosure: This article does not constitute investment advice. The content and materials presented on this site are for educational purposes only. Rexas Finance and SUI want to challenge Solana with the blockchain’s unique scalability and promise huge returns in 10 weeks. Rexas Finance (RXS) and SUI are positioning themselves as the ultimate Solana (SOL) assassins in the fast-paced world of cryptocurrencies where wealth is built and lost in an instant. These players are redefining the scalability, utility and innovation of blockchain. Over the next ten weeks, Rexas Finance and SUI could turn a $1,000 investment into $100,000, laying the foundation…

RLUSD, the Ripple stablecoin, secures a listing on its first Singapore-based crypto exchange, Independent Reserve, as the platform gives its users access to the asset. In the latest Ripple news today, the Ripple stablecoin RLUSD has officially launched on a major Asian exchange. Per Tuesday noticeSingapore users can now purchase the stablecoin and use it for pairs trading and cross-border payments. Independent Reserve announced that it is the first exchange in Singapore to make the newly launched stablecoin available to users in the region. The exchange said it allowed the use of RLUSD on its platform on December 22nd. RLUSD…

According to on-chain analyst Yujin, Cosmos Network developers transferred 295.3 Bitcoins. It is the first major transfer in almost two years. At the current price of $94,410.82, 295.3 Bitcoins (BTC) are equivalent to approximately $27.8 million. Yujin explained that some of the BTC sold in the recent decline likely came from funds raised around the time of Cosmos’ first coin offering in 2017, when the project received high-quality contributions in BTC and Ethereum (ETH). This new transfer is not the only one that Cosmos developers have made this year, as their team transferred $10.16 million in ETH on November 22nd…

Crypto derivatives platform Hyperliquid saw the largest net outflows of over $250 million after concerns emerged about possible involvement of North Korean hackers. According to Metmask security researcher Tay Monahan, hackers with ties to North Korea’s Democratic People’s Republic of Korea (DPRK) have been using the platform since October. Monahan shared her findings in a post on December 23rd This triggered a wave of uncertainty, with Hyperliquid net outflows hitting an all-time high of $502.7 million on December 23, despite inflows of over $253.5 million. Dune Analytics confirmed these numbers. In response, Hyperliquid assured users via its Discord that no…

Market commentator Ben Armstrong, better known as BitBoy, predicts that XRP could reverse Bitcoin’s dominance growth and explains how this could happen in a recent video. While he doesn’t claim that XRP will surpass Bitcoin’s market cap in the near future, he is convinced believes that XRP will surpass Bitcoin in dominance during this bull run. XRP vs. Ethereum: The race for second place Armstrong first addressed the ongoing competition between XRP and Ethereum for second place in the cryptocurrency rankings. While Ethereum held this position for many years, XRP briefly overtook it in 2018. Armstrong believes that XRP has…

Charles Hoskinson, the founder of Cardano, is not happy with the US exchange Gemini’s decision to reject the project while listing new memes like Chill Guy. Since at least May 2024 Speculation is high that the leading crypto exchange Gemini should finally go public Cardano (ADA). However, after six months, these speculations have not come true as a recent decision regarding the listing of Gemini assets has pushed community members to their wits’ end. Gemini lists Chill Guy, but still no Cardano (ADA) On Monday, December 23rd, Twins revealed that it had listed Chill Guy so that users can now…

MicroStrategy, a software company that invests heavily in Bitcoin, is holding a shareholder meeting on December 24 to vote on two proposals to increase its $42 billion investment. Microstrategy has added another 5,262 BTC to its growing collection. This brings the company’s total Bitcoin holdings to 444,262 BTC, which is worth around $42.2 billion at current market prices. The company acquired these new Bitcoins for an average of $106,622. This is the seventh consecutive week that MicroStrategy has purchased Bitcoins. The purchase will be financed by selling some shares under the “at-the-market” program. The program still has $7.08 billion available…

Crypto behavioral resource Santiment highlights the optimal time frames to buy, hold, And Sell ​​Bitcoin Amid Prolonged Decline. Bitcoin news today: To clarify, this decline has resulted in losses for Bitcoin in five of the last six trading days. The leading crypto asset has fallen 13% from its all-time high of $108,300 and is now trading at around $94,000. Notably, the collapse triggered a similar downturn for the broader market. Amid this volatility, Santiment Bring light into the darkness about the conditions that drive these market movements. It has been found that investor sentiment, which characterizes the behavior of small…

AdEx, a well-known blockchain-based advertising technology platform, has launched AdEx AURA, an advanced AI-driven on-chain activity analyzer aimed at transforming Web3 interactions. This innovative tool leverages publicly available data from Ethereum and Layer 2 blockchains to deliver tailored insights that benefit both individual users and business developers in the decentralized ecosystem. AdEx AURA uses advanced artificial intelligence models to process and interpret blockchain activity, including transaction patterns and application usage. Through this analysis, it delivers personalized recommendations to users, guiding them to services or actions that align with their on-chain behavior. For example, the system can detect whether a person…

Crypto.com has launched its new institutional cryptocurrency custody service, Crypto.com Custody Trust Company, in the United States. The new service will manage assets for US institutions and high net worth individuals The exchange announced on December 23 that digital assets held by its US and Canadian customers will be transferred to the new custody service in the coming weeks. Source: X CEO Kris Marszalek emphasized the importance of this move and expressed his confidence in the North American market. He said: “This is a step in our product roadmap to build our business and presence in two of the most…