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Showing posts with the label tokens

Ripple prepares for its first XRP dump of 2025 with 300 million reserved in January

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On the first day of the year, Ripple prepared for its first token dump of 2025, reserving 300 million XRP of the 1 billion unlocked tokens, as Finbold warned on Christmas. This is part of a monthly selling pattern originated from XRP’s genesis distribution, reserving 80% of its supply to Ripple. Previously, we reported the company preparing for its largest XRP dump to date, and also the last sale of 2024. In these occasions, Ripple reserved and sold 470 million XRP in November and 200 million XRP in December. Now, repeating the pattern, the U.S.-based institution sent 300 million tokens to the ‘Ripple (1)’ account, according to data from XRP Scan . This amount comes from the ‘Ripple (24)’ account, which held the unlocked escrow of 500 million XRP for January 2025. Picks for you DOGE is set for ‘explosive surge’ as key pattern turns green ...

6 Best Cheap Cryptos to Buy Now Under 1 Dollar October 9 – Fantom, Shiba Inu, Starknet, Dogecoin

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Japan’s Financial Services Agency (FSA) has clarified that non-custodial wallet services employing authentication technology do not fall under the category of crypto asset trading businesses. Meanwhile, Bitcoin (BTC), the largest cryptocurrency by market capitalization, may experience a rally in October despite a weak start to the month. Three indicators suggest a potential upward trend. Currently, BTC is priced at $62,311.60, reflecting a 0.6% decline in the last 24 hours but a 1% increase over the past week. Historically, October has proven to be a favorable month for Bitcoin. Given these developments, investors are searching for affordable tokens, particularly the best cheap crypto to buy now under 1 dollar , to capitalize on the price climb. 6 Best Cheap Cryptos to Buy Now Under 1 Dollar  According to crypto analyst Captain Faibik, Fantom (FTM) may be gearing up for a potential upward trend. Meanwhile, Shiba Inu (SHIB) has strongly recovered following an unexpected pri...

Scammers cash in as Donald Trump fumbles World Liberty Financial launch

With Donald Trump busy fumbling the launch of his newest crypto offering, World Liberty Financial, phony projects have been cashing in on the frenzy. From August 29 through late Monday evening, the only thing Trump had said about his project was its name. This left the rest to the world’s imagination and opened the door to fakes and lookalikes who duly lured in suckers and their money. From September 3 through at least noon on September 17 — the day after Trump’s launch — a fake website ranked ninth among Google’s search engine results for the query ‘World Liberty Financial.’ The website promoted a fake governance token, WL, which has sadly traded over $3 million since inception. A dizzying assortment of fake governance tokens exists for World Liberty Financial, which has not yet launched an official version. A brand new — and very fake — WLFI on Binance Smart Chain traded over $50 million in the 24 hours after Trump said he would issue the real ...

7 Best Cheap Cryptos to Invest Now Under 1 Dollar September 1 – XRP, Centrifuge, Simon’s Cat, Oasis

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Over the weekend, the crypto market dipped following news of Telegram founder Pavel Durov’s arrest. However, Durov’s release on Thursday injected much-needed positivity into the market. Last week’s market turmoil opened a window for wise investors to update their portfolios with viable tokens. For traders who seek to capitalize on the current market sentiment, the crypto space offers several tokens with such potential. Nonetheless, searching for the best altcoins to invest in today requires time and effort. Hence, this article aids investors by providing select tokens worthy of consideration. 7 Best Cheap Cryptos to Invest Now Under 1 Dollar Crypto All Stars has entered the digital asset market to unite different meme coin mascots on a single platform. Meanwhile, StarkNet has announced the release of version 0.13.2, which aims to provide users with an enhanced ecosystem experience. The Bitcoin Layer-2 Network, Stacks , is also starting the Nakamoto Upgrade. 1. XRP ...

Shiba Inu: SHIB’s Price Reaction to Major Burn Announcement

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The Shiba Inu team made a significant announcement last Friday confirming that the layer-2 solution Shibarium will introduce an automatic burning mechanism. Launching a hard fork with the new Bor version will upgrade the burning mechanism and enhance the ecosystem. SHIB’s price was expected to skyrocket after the announcement but went the opposite direction in the charts. Also Read: Shiba Inu: How To Make $1 Million If SHIB Reaches $0.01 Why Did SHIB’s Price Dip Despite the Shibarium Announcement? Source: Wallpaperflare.com Market Reaction We're launching a Hard Fork with the new Bor version! ️ On August 9, 2024, at 9:15 AM UTC, we're launching Bor version v1.1.2-bone. This version introduces a burn mechanism to enhance our ecosystem. Get ready for the #BURN! — Shibarium Network (@ShibariumNet) August 8, 2024 The market did not find the announcement bullish despite Shibarium’s promises of automatically burning SHIB tokens. The layer-2 blockchain will send the tok...

Whales accumulate ONDO amid a RWA tokens buying frenzy

ONDO is one of the RWA tokens attracting huge attention. Whale activity spikes amid tokenization spree. Data shows whales are buying tokens such as Polymesh, Pendle and TokenFi. Ondo Finance has surged into the top 100 Crypto currencies by market cap amid upside momentum for its native token ONDO. On Monday, March 25, the price of ONDO rose to a new all-time high of $0.9702. Intraday gains at the time of writing was 15%, while Ondo Finance has surged more than 88% this past week and over 116% in the last 30 days. ONDO price hovered around $0.8997 at the time of writing. ONDO surges amid whale activity The real-world-assets (RWAs) space is one of the hottest Crypto segments today, with multiple projects in the sector rallying amid unprecedented surge in interest and investment. Whales or large investors have aggressively looked to add to their positions in RWA related coins. Ondo Finance’s growth in the RWA ecosystem has seen large investors take ...

Bitget lists Rich Rabbit (RABBIT) tokens in Innovation Zone and Launchpool

Victoria, Seychelles, January 9th, 2024, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company has announced the listing of Rich Rabbit’s native token RABBIT a meme token trending as the next Dogecoin. The listing of RABBIT in the Innovation Zone allows users to easily trade WEB3 small-cap token s on the Bitget platform. To support a new token listing, users can grab a share of 1,818,180 RABBIT with ongoing Launchpool promotions. RABBIT is a space-themed meme coin, but aspires to become the premier crypto community for space enthusiasts. RABBIT collaborates with JDI, OneWeb, and Iridium to apply blockchain technology to space. As the first meme coin based on mining for space exploration, Rich Rabbit ecosystem is committed to building decentralized wireless networks. The platform offers hardware and software products and services. Rich Rabbits is a hot spot manufacturer of helium miners and are working on offering applicat...

Congressman Tom Emmer seeks amendment to limit SEC's crypto oversight

Emmer intends to introduce an appropriations amendment that will limit the SEC's utilization of funds for digital asset enforcement until comprehensive rules and regulations are put in place. Tom Emmer, the Majority Whip of the U.S. House of Representatives, who has previously expressed concerns about the Securities Exchange Commission's (SEC) actions in the crypto currency industry, on Friday, Sep. 8, introduced a significant amendment that once more drew attention to the SEC's actions. In his statement, Tom Emmer criticizes Gary Gensler, alleging that the SEC chair has overstepped his authority, which is negatively affecting the American people. Emmer urges Congress to utilize their available methods and proper procedures to thwart any potential misuse of taxpayer funds by Gary Gensler and the SEC. In the past, Rep. Tom Emmer has jointly sponsored several bills aiming to enhance regulatory transparency in the United States. Emmer recently used Twitter to unveil his late...

Huobi’s Jun Du acquires 10 million CRV tokens to support Curve

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Du said the existing challenges were transitory and that he believes the industry would benefit from collective support. Jun Du, the co-founder of Huobi, has purchased 10 million Curve DAO Tokens (CRV) for $4 million from Curve Finance founder Michael Egorov, who is seeking to decrease his exposed loan position. In an initial tweet on August 1, Du made his intention known to acquire 10 million CRV tokens at the prevailing market rate of $0.40, a value established through various over-the-counter transactions involving Egorov and several members of the crypto community. A Block report states that subsequently, Du confirmed via direct message on Twitter that he successfully completed the purchase and decided to lock up the tokens as veCRV. This lockup provides him with voting rights on the Curve platform in return for keeping the token s inaccessible for a specific duration. Screenshot showing Jun Du's 10 million CRV token transaction.   Source: EtherScan The co-founder took to Tw...

The power of AI in memecoins: A new revolution in the crypto space

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Discover how memecoins evolve as they integrate new functionalities and AI tech. At launch, Dogecoin (DOGE) creators Billy Markus and Jackson Palmer were likely unaware that their joke would lead to one of the largest Cryptocurrencies by market cap. Moreover, no one could have expected that their brainchild would trigger an entire sector of memecoin s — Cryptocurrencies inspired by internet memes and jokes. While most memecoins don’t have specific use cases or underlying utility, crypto enthusiasts still appreciate them for the fun aspect and their ability to show a lower correlation to the rest of the crypto market. The high volatility of memecoins can be considered a good opportunity to speculate on their price, especially as Bitcoin (BTC) and the crypto sector can move within sideways channels for weeks in an attempt to reach stability. Pseudonymous crypto expert Altcoin Sherpa tweeted: “Memecoins are mostly rugs, do nothing productive, take 0 effort to make, and are mostly here fo...

Crypto funding seen shifting from CeFi to DeFi after major collapses: CoinGecko

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"NFTfi,” on-chain derivative platforms, decentralized stablecoins and Ethereum L2s are four investment opportunities being looked at closely by one crypto investment firm. Digital asset investment firms poured $2.7 billion into decentralized finance (DeFi) projects in 2022, up 190% from 2021 as investments into centralized finance (CeFi) projects went the other way — falling 73% to $4.3 billion over the same timeframe. The staggering rise in DeFi funding was despite overall crypto funding figures falling from $31.92 billion in 2021 to $18.25 billion in 2022 as the market shifted from bull to bear. According to a Mar. 1 report from CoinGecko, citing data from DeFiLlama, the figures “potentially points to DeFi as the new high growth area for the crypto industry.” It notes that the decrease in Funding towards CeFi could point to the sector “reaching a degree of saturation.” Funding amount by sector in the cryptocurrency market between 2018-2022. Source: CoinGecko. The near three-fol...