Author: cointechies

A prominent FTX creditor has rejected plans for the defunct crypto exchange FTX to resume repayments to customers as early as January 2025. For comparison: Since the weekend, news has been circulating that the crypto exchange owned by Sam Bankman-Fried will repay its creditors starting January 3rd. The speculation also suggested that FTX would distribute $16 billion to its customers within 60 days of the repayment start date. FTX creditor responds In one tweet Today, Sunil, a self-proclaimed FTX creditor advocate, refuted the claims. He pointed out that the January payments were incorrect and gave the actual distribution details. Sunil…

The CEO of market research platform CryptoQuant is warning investors that the US government’s motivations for creating a Bitcoin (BTC) standard may be different than expected. In a new thread on the social media platform “I personally support the idea of ​​Bitcoin Standard. However, I wonder if the US would adopt Bitcoin as a strategic asset even though it continues to grow while other economies stagnate. For the debate to gain serious momentum, the US would have to actually see its global economic dominance threatened. Currently, market sentiment points to confidence in continued U.S. supremacy.” The Bitcoin Standard – also…

Disclosure: This article does not constitute investment advice. The content and materials presented on this site are for educational purposes only. A Dogecoin millionaire is shifting his focus to a new altcoin and predicting over 10,000% growth by 2025, fueling speculation among crypto enthusiasts. A cryptocurrency trader who famously turned a small investment into $2.8 million using Dogecoin is now eyeing a new altcoin. He predicts that this digital currency could rise over 10,000% by 2025. Crypto enthusiasts are full of curiosity as to which coin could offer such exceptional returns amid the dynamic landscape of digital assets. Catzilla: Trump’s…

Japan is set for a major banking transformation as almost 80% of the country’s banks are waiting to introduce XRP into their system in 2025. This move could have a significant impact on cross-border payments, remittances and the wider adoption of blockchain technology in finance. This possible shift is supported by statements from key figures in the Japanese financial sector. Yoshitaka Kitao, CEO of SBI Group, a major financial services company, has expressed his strong support for XRP and its growth potential in international remittances. Kiato noted the increasing adoption of RippleNet and the use of XRP for cross-border transactions,…

As the crypto world counts down the final hours of 2024, Grayscale, a leading crypto asset manager, has updated its top 20 crypto assets for the first quarter of 2025. Each quarter, Grayscale meticulously evaluates a wide range of digital assets. The result of this comprehensive analysis is the creation of a top 20 list. According to the disclosure, the list includes crypto assets that Grayscale believes have great potential for the coming quarter. Notably, the list reflects assets from various sectors and focuses on promising opportunities. Grayscale’s selection process considers key factors such as network growth, adoption trends, upcoming…

5 Key Indicators to Guide the Bitcoin Market Cycle in 2025OpenAI Bitcoin rebounded strongly from bear market lows and reasserted itself as one of the best performing assets of the year. Bitcoin’s outstanding performance in outperforming its counterparts in traditional financial markets has been driven by several key developments. Chief among them were the historic launch of Bitcoin ETFs in January, a new administration signaling support for the crypto industry in the US, and a shift in Federal Reserve monetary policy towards an easing cycle. Bitcoin ETFs represented a groundbreaking moment, becoming one of the most successful ETF launches in…

Disclosure: This article does not constitute investment advice. The content and materials presented on this site are for educational purposes only. Lightchain AI’s $0.003 presale in 2024 impresses with its unique fusion of blockchain and AI and promises big returns. The cryptocurrency market is no stranger to tokens with high potential, but few manage to combine groundbreaking technology with a solid investment case. Lightchain AI (LCAI) has emerged as one of the most exciting presale tokens of 2024, attracting attention through its unique integration of artificial intelligence (AI) and blockchain. Lightchain AI cost just $0.003 in pre-sale and offers early…

Hong Kong lawmaker Wu Jiexhuang suggested that the region should start adding Bitcoin to its national reserves to increase financial security. According to local newspaper Wen Wei Po, Wu said that as a starting point, Hong Kong regulators should study the impact of U.S.-issued Bitcoin exchange-traded funds on the market before deciding to include Bitcoin in the national reserve. He argued that Hong Kong authorities could exploit China’s “one country, two systems” policy to include Bitcoin (BTC) in its national financial security reserve. The newspaper noted that China currently has the second largest Bitcoin reserve worth 190,000 BTC from illegal…

MicroStrategy, the software maker turned Bitcoin development company, increased its total holdings to 446,400 BTC. Chief Executive Officer Michael Saylor announced MicroStrategy’s purchase of Bitcoin (BTC) as usual in a post on December 29th This marks MicroStrategy’s eighth consecutive weekly Bitcoin purchase, bringing the average purchase price to $62,428 per BTC. Since launching its Bitcoin strategy in 2020, the company has spent over $27.9 billion on its BTC holdings. MicroStrategy purchased 2,138 BTC for approximately $209 million at approximately $97,837 per Bitcoin, generating a BTC return of 47.8% QTD and 74.1% YTD. As of December 29, 2024 we hold 446,400…

AGII, an innovative platform at the forefront of AI-driven Web3 solutions, has unveiled its self-learning decentralized networks. This breakthrough technology combines advanced artificial intelligence with blockchain to create systems with dynamic adaptation and autonomy. The launch represents a major advance in decentralized infrastructure, offering networks that evolve in response to real-time data and interactions. In the rapidly evolving Web3 landscape, the need for efficient and adaptable systems is critical. AGII’s self-learning networks use AI models that continuously analyze usage patterns, optimize processes and independently expand their functionalities. This capability equips decentralized applications (dApps) and blockchain platforms with the tools to…