Author: cointechies

As part of its annual roundup, Shiba Inu burn tracking platform Shibburn reveals the staggering amount of Shiba Inu burned in 2024. Shibburn shared the details in a X contribution on New Year’s Day. The burn tracking platform revealed that the combined efforts of the Shiba Inu ecosystem team and the Shiba Inu community resulted in the burning of over two dozen billion SHIB last year. Over 40 billion SHIB were burned in 2024 According to the report, the market burned 44,623,604,014 (44.6 billion) SHIB last year, an impressive feat for the ecosystem. The cumulative burned The amount is worth…

Presto Research offers a positive outlook on leading crypto assets Bitcoin, Solana and Ethereum based on global liquidity expectations. After a tumultuous year full of major milestones for crypto, several analysts are looking ahead to 2025 with great optimism. Among them is Presto Research. Peter Chung, Head of Research at Presto, recently shared insights into the company’s crypto market expectations for 2025. Rising prices for Bitcoin, Solana and Ethereum? The key question among crypto market participants heading into the new year was whether the market can maintain, and perhaps even build on, its 2024 momentum. To CNBC Squawk box On…

Disclosure: This article does not constitute investment advice. The content and materials presented on this site are for educational purposes only. As the crypto market prepares for the 2025 altcoin season, analysts highlight Ripple, Hedera and Rollblock as top contenders. Donald Trump’s presidency sparked a rally in the crypto market, with numerous altcoins reaching new all-time highs. However, the market has since cooled off and is preparing for the 2025 altcoin season. Among the many promising cryptocurrencies, analysts highlight Ripple, Hedera and Rollblock as options that investors should keep an eye on. Here’s why. Rollblock: Transforming the $450 Billion Gambling…

Celsius Network is challenging a court ruling that rejected its $444 million claim in the ongoing FTX bankruptcy case. On Tuesday, the defunct crypto lender filed an appeal to overturn Judge John Dorsey’s December decision. Celsius has been fighting for damages from FTX since 2024, initially demanding $2 billion. The claim followed allegations that FTX’s “unsubstantiated and derogatory statements” played a role in Celsius’ collapse. Source: X The lawsuit was later revised to focus on so-called “preferential transfers” that allegedly favored certain creditors. Despite these changes, Judge Dorsey ruled in December that the claims were inadequate. He found that Celsius…

According to SkyBridge’s Scaramucci, the United States could pursue the acquisition of 500,000 Bitcoin as part of a strategic reserve initiative. Anthony Scaramucci, co-founder of SkyBridge, has suggested that the US could allocate resources to acquire 500,000 Bitcoin. Notably, President-elect Donald Trump supports the 1 million Bitcoin reserve initiative proposed by Senator Cynthia Lummis. In one interview On the Bankless podcast, Scaramucci added to the discussion and suggested that the US could purchase an additional 500,000 BTC for the reserve initiative. He highlighted the role of influential lawmakers, particularly Sen. Tim Scott, who will soon take over as chairman of…

FOX Business senior correspondent Charles Gasparino criticizes the US Securities and Exchange Commission for its handling of the Ripple lawsuit and suggests the case could be dismissed. Gasparino shared this sentiment in his recent appearance on the POMP Podcast. The prominent journalist described the securities agency’s handling of the Ripple lawsuit as a gross exaggeration. In his view, the lawsuit is due to unclear regulations for the US crypto industry and has pushed Ripple’s innovative payment technology abroad. Gasparino criticizes Ripple ruling Although he criticized the SEC, he also called Judge Analisa Torres’ decision in the lawsuit “idiotic.” The judge…

In a shocking attempt to combat the worsening economic crisis, the Syrian government is poised to legalize Bitcoin and other digital currencies. According to the Syrian Economics Research Center (SERC), digital currencies can potentially stabilize the economy, control inflation and attract much-needed global investment. BREAKING: 🇸🇾Syria’s interim government could legalize Bitcoin and digitize the Syrian pound. The goal? To rehabilitate its economy and make more investments. pic.twitter.com/3a2Xa0Zwby— Kashif Raza (@simplykashif) January 2, 2025 Nearly two decades of conflict and financial devastation have severely damaged the Syrian economy. The gross domestic product has collapsed by over 60% and even the value…

The ongoing boom in the cryptocurrency market offers exciting opportunities for those looking to get early exposure to promising projects. One of the hottest topics right now is cloud mining and how it allows individuals to earn cryptocurrencies. A standout project in this space is BitconeMine, known for its unique features and growth potential. Every time BitconeMine offers a new mining event, it attracts attention not only for its creativity, but also for the rewards it offers early adopters, making it a hard-to-miss opportunity. BitconeMine has made a powerful, innovative technology upgrade that has unwittingly surfaced in the social circle.…

Elon Musk’s recent name change on The trader who made the move bought 10.17 million Kekius Maximus (KEKIUS) tokens on December 14, 2024 and sold 2.81 million for 60.3 Ether on January 1, 2025, an extraordinary 45,900x, according to Lookonchain return achieved. Source: X The KEKIUS token is a quirky fusion of the popular meme Pepe the Frog and Maximus, the hero of the film *Gladiator*, played by Russell Crowe. Launched on December 13, 2024, KEKIUS quickly gained traction and reached a peak market cap of $380 million on January 1. However, after Musk changed his profile back to his…

Well-known market analyst EGRAG has used a linear regression framework to predict bullish price milestones for XRP in 2025. Interestingly, XRP recently closed an annual candle It crossed the $2 mark for the first time in its history, reinforcing the bullish sentiment. EGRAGs analysiswhich he backed up with a monthly XRP chart, discusses the altcoin’s possible path from here towards $6.4, $8.5, $13.7 or even $27.5. The XRP linear regression channel In particular, he used a linear regression channel on a logarithmic scale. For context, the tool helps identify trends and potential reversal points within XRP’s price movement by considering…