Crypto news

Frax Finance plans to rebrand its stablecoin as frxUSD. New AI agents and Frax’s technology stack will transform DeFi. Frax Finance lays out its aggressive 2025 Vision Roadmap, looking to position the brand as the decentralized cryptocurrency’s central bank. The decentralized stablecoin protocol is set to introduce a new string of advancements. It plans to enhance tokens, drive blockchain innovation, and release AI agents across its ecosystem. The Frax platform is supporting several...

The crypto market has been on a bullish streak in the last quarter of this year, thanks to Donald Trump’s recent victory in the United States presidential election. American investment management firm VanEck has shared ten predictions that could raise the crypto market’s valuation in the coming year. Bullish Crypto Predictions From VanEck VanEck’s first prediction focused on leading assets that would experience meteoric price growth next year. For example, BTC would attain...

BingX launches CreatorX Program to empower content creators, offering incentives, exposure, and collaboration in the crypto industry. BingX, a leading cryptocurrency exchange, has launched its CreatorX Program to empower content creators. This initiative aims to inspire individuals passionate about blockchain and cryptocurrency. This way, the program will provide structure for incentives, exposure, and collaboration. This will allow creators to succeed in the growing crypto industry. As...

Bank of England watchdog requests firms to disclose crypto disclosures to shape future regulations and ensure financial system stability. The Prudential Regulation Authority (PRA), part of the Bank of England, has taken a significant step to monitor the stability of the financial system concerning cryptocurrencies. On 12 December, the PRA put out a formal notice to organizations asking about their current and planned interactions with cryptoassets up until March 2024. This action is within a...

TL;DR The exchange will increase collateral ratios for six altcoins, including PNUT, starting December 17. The squirrel-themed meme coin surged in value after its initial Binance listing and sparked widespread interest due to its backing from prominent people like Elon Musk. The Involved Assets The world’s leading cryptocurrency exchange will update the collateral ratio for numerous altcoins under Portfolio Margin from December 17. The effort will be completed within...

[PRESS RELEASE – Kingstown, St. Vincent and the Grenadines, December 16th, 2024] ECM Coin leverages blockchain to advance transparency, security, and smooth cross-border transactions in e-commerce. Its integration with Androverse adds innovative features like virtual real estate and secure, transparent payment systems for a more decentralized world. The eCommerce Coin (ECM) incorporates blockchain technology into the online business environment, paving the way for...

[PRESS RELEASE – Georgetown, Cayman Islands, December 16th, 2024 During the testnet phase, over 1.3m users contributed more than 6.5m data points to train user-owned AI models. On mainnet, DataDAOs will leverage the $VANA token to enable users to collectively own, monetize and govern their personal data for a stake in the booming AI economy. MONDAY, DECEMBER 16 2024 — Vana, the pioneering network for user-owned data, today announced the launch of its mainnet and native $VANA...

The stablecoin market has experienced remarkable growth in 2024, driven by rising cryptocurrency adoption and a surge in institutional participation. All eyes are now on Ripple’s newly approved stablecoin, Ripple USD, a.k.a. RLUSD. But Ripple’s Chief Technology Officer, David Schwartz, addressed concerns over potential price anomalies for the asset as it prepares to launch. Speculative Hype Around RLUSD Unnecessary In a detailed statement on X, Schwartz explained that while...

TL;DR Analysts forecast a potential rally for XRP, with price targets ranging from $2.72 to $8.76. Conversely, key metrics, including active accounts and transactions, have declined, signaling reduced network activity and potential demand, which could hinder XRP’s upward momentum. Where Is XRP Headed Next? The cryptocurrency market has been booming in the past month, with Ripple’s XRP among the top performers. Its price exploded by approximately 120% for that period,...

Die weit verbreitete Annahme, dass Bitcoin auf genau 21 Millionen Einheiten begrenzt ist, ist ein zentraler Aspekt der Kryptowährung. Diese Grenze, die in den ursprünglichen Code von Satoshi Nakamoto eingebaut wurde, sorgt dafür, dass Bitcoin deflationär ist – ein entscheidender Unterschied zu traditionellen Fiat-Währungen, die von Zentralbanken beliebig vermehrt werden können. Doch es gibt eine interessante Perspektive, die oft übersehen wird: Die 21-Millionen-Grenze könnte theoretisch...