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Showing posts from January, 2025

Kraken Resumes Crypto Staking For US Customers Across 39 States

Kraken has reintroduced on-chain staking for US clients in 39 states, enabling users to stake 17 assets, including Ethereum (ETH), Solana (SOL), Polkadot (DOT), and Cardano (ADA). The US centralized exchange was forced to end its staking service in February 2023 as part of a settlement with the US Securities and Exchange Commission (SEC), which included a $30 million fine. The agency alleged that the exchange offered unregistered securities to clients through its staking-as-a-service initiative. Trump’s Crypto Policy Changes Impact On Kraken’s Move Kraken said yesterday that customers in the 39 eligible states can use Kraken Pro to participate in bonded staking, where tokens are locked for a set period of time depending on the blockchain network.  Kraken’s move to reintroduce staking to US customers follows President Donald Trump’s first crypto executive order, which aimed to clarify crypto regulations and foster a more favorable environment for digital...

The Power of DeFi to Drive Positive Change

The Power of DeFi to Drive Positive Change! The rise of Decentralized Finance (DeFi) has revolutionized the way people interact with financial services, offering a transparent, permissionless, and global alternative to traditional banking. DeFi is more than just a financial trend—it’s a movement that is reshaping economies, empowering individuals, and driving real-world impact. Empowering Financial Inclusion One of the most significant advantages of DeFi is its ability to bank the unbanked . Over a billion people worldwide lack access to traditional banking, leaving them without essential financial tools. DeFi eliminates this barrier by providing access to borderless financial services through blockchain technology. Anyone with an internet connection can participate, regardless of their location or economic status. Reducing Dependence on Centralized Institutions Traditional banking systems often involve intermediaries that increase transaction costs and limit accessibility. DeFi ...

Illinois To Establish A Bitcoin Reserve With 5-Year Holding Period

Illinois has introduced a bill proposing a state-run Bitcoin reserve with a mandatory five-year holding period, joining a growing number of states exploring crypto treasury strategies. State Representative John Cabello proposed Illinois House Bill 1844 (HB1844) , which calls for establishing a strategic reserve fund to hold Bitcoin as a “special fund in the state treasury for the purpose of holding Bitcoin as a financial asset.” 🚨 NEW: Illinois Strategic Bitcoin Reserve Bill! HB1844 would create a Bitcoin Reserve, and require a minimum HODL period of 5 years for all BTC. pic.twitter.com/6rZP8f2oU1 — Julian Fahrer (@Julian__Fahrer) January 29, 2025 Once the five-year holding period concludes, the state treasury would be allowed to “transfer, sell, appropriate, or convert to another cryptocurrency any Bitcoin in the Fund,” the bill says. The bill was sent to the Rules Committee on January 29 to finalize the regulatory details and await lawmake...

Cardano Price Prediction: ADA Over 1% As Plomin Hard Fork Goes Live, While This AI Agent Crypto ICO Goes Parabolic

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The Cardano price has climbed more than 1% in the last 24 hours to trade at $0.96 as of 02:24 a.m. EST on an 11% pump in trading volume to $819 million. This uptick in the ADA price comes as the Plomin upgrade was activated on Jan. 29, which is a major step in the ecosystem’s long-awaited move towards a decentralized governance system. We’re happy to share that Input | Output has today voted “Yes” on the Plomin Hard Fork governance action. After a close review of network readiness by subject matter experts, all conditions in the Interim Constitution for a Hard Fork gov action have been met. See the text of… pic.twitter.com/a8gsUO2qtE — Input Output (@InputOutputHK) January 17, 2025 With the Plomin upgrade now live, ADA token holders will be able to shape Cardano’s future, including voting on treasury measures and hard forks. Cardano Price On A Corrective Phase The ADA price chart on the 4-hour timeframe reveals a market that has rece...

VeChain to $0.13? Why VET May Be Nearing a Bullish Reversal

VeChain (VET) is slowly recovering along with the rest of the crypto market after a slow start to 2025. The asset is currently curating a path to $0.13, according to several price predictions. VET’s price is down 4% in the daily charts, 12% in the weekly charts, and 6% in the past 30 days. However, it has remained up 59% since January of last year, after having a solid 2024. VET’s recent recovery could be due to increased inflows into crypto assets. Tuttle Capital has filed for 10 crypto-based exchange-traded funds. The ETFs include Official Trump (TRUMP) and Melania Meme (MELANIA), the coins released by the US President and the First Lady. Microstrategy is also raising capital to purchase more Bitcoin (BTC). The developments may have trickled into VET and other crypto altcoins. As VeChain often follows Bitcoin and the market sentiment, the market’s recovery could be a catalyst for VET’s bullish reversal. Altcoin season is set to kick off as soon as March 2025, when altcoin ...

Dogecoin Price Prediction As Bitwise Files An S-1 For A Dogecoin ETF And This Pepe Rival ICO Charges Towards $64M

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The Dogecoin price has slumped over 1% in the last 24 hours to trade at $0.3324 as of 3:25 a.m. EST on a 40% plunge in trading volume to $1.89 billion. This drop in the DOGE price comes despite Bitwise’s recent SEC (Securities and Exchange Commission) filing to launch a Dogecoin ETF, which aims to track the meme coin’s price movements closely. According to Bitwise’s Jan. 28 S-1 filing, the proposed Bitwise Dogecoin ETF would hold DOGE and mirror its price fluctuations. #Bitwise filed an S-1 with the #SEC for a spot #Dogecoin #ETF, which means their plan to launch it is now official. They submitted the filing on January 28, following a heads-up they gave on January 22 when they registered in Delaware. It's something people expected, but now it’s… pic.twitter.com/S4BQb62qlD — Crypto-00711 (@00711Crypto) January 29, 2025 Bloomberg ETF analyst James Seyffart noted on X that Bitwise had already filed to register a Dogecoin trust in Delaware on Jan. ...

Trading expert sets ultimate target for the crypto market this cycle

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The total cryptocurrency market capitalization shows significant strength, breaking above previous cycle highs and consolidating gains after a deep correction.  This recovery has renewed optimism among investors and traders, with a prominent trading expert projecting the total market cap could reach an ambitious $10 trillion in this cycle. Crypto market recovery gains traction Long-term crypto investor Jelle highlights the market’s ability to recover after retesting lower levels as a critical sign of strength.  Picks for you Gold quietly hits a record high amid DeepSeek volatility 2 hours ago This pattern signals a 'short-term momentum shift' for Dogecoin  2 hours ago ...

Ethereum Adoption Jumps 20%: Is a $2,000 ETH Price Rally Next?

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Ethereum adoption has been growing quite a bit recently, despite some fluctuations in price. The price of ETH has dropped by around 5.57%, but Ethereum adoption has continued to rise. There are some strong signs of growth in the Ethereum ecosystem. According to recent data, the number of new Ethereum addresses reached an impressive level of over 200,000 in a single day. This is a significant jump from the 100,000–120,000 addresses that were being created daily on average throughout most of 2024. With Ethereum’s network activity continuing to rise, some believe that Ethereum’s price could experience another surge soon. But is a $2,000 price point possible? Let’s find out now! Source: TradingView Also Read: PayPal’s PYUSD Bridges to Cardano: A New Era in Crypto Integration Ethereum Adoption, Price Surge & Volatility: Key Crypto Trends Source: CryptoSlate Ethereum’s recent increase in adoption has been tied to some interesting changes in the market. Despite the volatility of the crypt...

Analyst Predicts ‘Violent’ Rallies for Ethereum-Based Altcoin, Says RWA-Focused Coin a Good Short-Term Play

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A widely followed crypto strategist and trader thinks that rallies are in sight for two altcoins amid upcoming catalysts. Pseudonymous trader Pentoshi tells his 847,800 followers on the social media platform X that he thinks the Ethereum (ETH)-based automated staking service Lido DAO (LDO) is gearing up for a steep move up. The analyst believes that traders will enter long positions on LDO amid speculations that US regulators will approve the staking of ETH held in spot Ethereum exchange-traded funds (ETFs). “LDO Probably violent repricing when the filings come in the next couple of weeks… If you believe ETH staking will be approved, then LDO is likely a great bet. So far, the price seems to be appreciating rapidly and has begun to start to price this in.”  Source: Pentoshi/X Looking at the trader’s chart, he seems to be targeting $3.612 for LDO. At time of writing, LDO is worth $1.95 Another altcoin on the trader’s radar is Ondo...

Top Cryptocurrencies to Invest in Now January 27 – TRON, Cardano, The Graph

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The cryptocurrency market is experiencing heightened optimism following Donald Trump’s return to the White House, sparking renewed discussions about potential regulatory and legislative changes. The market is shifting rapidly, with developments like the SEC’s newly formed crypto task force and Trump’s executive order focused on creating a “digital asset stockpile.” These changes signal a more structured and diverse approach by the U.S. government to integrate and oversee digital assets. This evolving regulatory framework has fueled growth across various altcoins and digital assets, reflecting the market’s reaction to these strategic initiatives. With this, investors are closely watching key opportunities. For those exploring the top cryptocurrencies to invest in now , this article analyzes tokens worthy of investing. Top Cryptocurrencies to Invest in Now TRON’s native token (TRX) is currently valued at $0.235, reflecting a strong performance ...

Pepe Price Prediction: PEPE Plummets 15% In A Week As Investors Pivot To This $61 Million Meme Coin Presale Offering Last Chance To Buy

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The Pepe price dropped 15% in the last 24 hours to trade at $0.00001277 as of 1 a.m. EST on trading volume that soared 78% to $895.84 million. Pepe’s price dipped alongside Bitcoin, which returned to just above $100k after spending the weekend trading sideways at $105,000 per coin. Bitcoin’s dip took most altcoins down, with PEPE and most other meme coins included. Some believe that the move came as traders took profit after the re-elected US President Donald Trump ordered the creation of a working group that would advis e the White House on crypto policy moving forward. Pepe Price Prediction Pepe’s price has been spiraling down for the last nine hours, reaching its lowest point since mid-November 2024. Given the sharp and lengthy decline, PEPE could soon see a sharp recovery which might not take it back to the pre-drop levels but will allow the meme coin to bounce back up to an extent. Prior to the price drop, PEPE’s Bollinger bands were extremely close to ...

R.Kiyosaki says Bitcoin ‘forcing the fake U.S. dollar into hiding’

Author of ‘Rich Dad Poor Dad ,’ Robert Kiyosaki, has once again voiced his support for alternative investment assets, including Bitcoin (BTC), gold, and silver, claiming they are exposing the flaws of the U.S. dollar. To emphasize his point, Kiyosaki referenced two key economic principles—Gresham’s Law and Metcalfe’s Law—highlighting Bitcoin’s growing dominance in an X post on January 25. Kiyosaki explained Gresham’s Law, which states that “bad money drives good money into hiding,” by noting how gold and silver have historically been hoarded as the U.S. dollar depreciates.  Picks for you Dogecoin eyes 3,000% spike if this historical pattern plays out  20 hours ago Here's when Bitcoin...

Weekly Project Updates: Jupiter's 700-million JUP Airdrop, Binance HODLer's Airdrop of Animecoin (ANIME), Linea Completes Final Sybil Detection, etc

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1. Phantom Completes $150 Million Financing, Valuation Jumps to $3 Billion link Crypto wallet provider Phantom Technologies Inc. has announced the completion of a $150 million financing round, led by Sequoia Capital and Paradigm, with the company’s valuation reaching $3 billion, doubling from before. Recently, due to the belief that the new US President Trump will bring a more crypto-friendly regulatory environment, Phantom’s wallet app has risen in the rankings of the iPhone App Store. Phantom is a non-custodial wallet that was initially popular in the Solana ecosystem and now supports multiple blockchains including Ethereum and Bitcoin. 2. Jupiter Conducted a 700-million JUP Airdrop on Wednesday, Worth Approximately $616 Million link Jupiter is set to conduct its “Jupuary” airdrop on Wednesday, distributing approximately 700 million JUP tokens (valued at around $616 million) to the community. This airdrop is primarily targeted at two groups: “users and stakers” and the core community...