Category: Cryptocurrency News

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The FBI has unveiled details of a $305M Bitcoin heist by North Korea-affiliated hackers using social engineering techniques.

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What up dudes! So I have been reading that in 2025 the price of ETH could hit an ATH. Then by 2030 1x ETH could be worth as much as $30,000 USD?? Maybe?? My biggest question is why?? What exactly is going to push the price of ETH up that high?? Because right now if…
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The Reserve Central Bank has confirmed that the cryptocurrency usage for remittances in El Salvador is still marginal at best. According to recent data released by the institution, crypto remittances registered a growth of 2.5% between January and August, but still account for just 1% of all the volumes transferred to Salvadorans from abroad. One […]

Welcome to the Ethfinance Daily General Discussion on r/ethereum https://imgur.com/3y7vezP Please use this thread to discuss Ethereum topics, news, events, and even price! Price discussion posted elsewhere in the subreddit will continue to be removed. r/ethereum is now a mullet. Tech on the front page. Party in the daily! IIn other words, all technical and…
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Ripple’s XRP has been the subject of recent media attention, and for good reason. The cryptocurrency has experienced a significant increase in 2024, with a gain of over 258% since the start of the year. XRP’s price had risen significantly from its low of $0.22 in early 2021 to approximately $2.30 as of mid-December. XRP has now surpassed stablecoin Tether (USDT) to become the third-largest cryptocurrency by market capitalization, a testament to its extraordinary growth. Related Reading: XRP Historic Moment Coming In 2025? This Crypto Exchange Believes So Linda Jones, a well-known wealth mentor, has just lately delivered her most current newsletter, which has generated a great deal of excitement among members of the international crypto community. The Beginning Of A New Technology Cycle Jones underscores that we are at the inception of a new technological cycle. She contends that digital assets are poised to revolutionize asset tokenization and money, much like the internet transformed communication. An excerpt from my weekly newsletter today: Digital assets should outperform tech stocks like the Magnificent 7 (Apple, Alphabet, Google, Tesla, Meta, Amazon and Nvidia) by possibly as much as 10x, in my opinion. Why? There are seven reasons I can think of: 1. We are early… — Linda P. Jones (@LindaPJones) December 19, 2024 Investors who are prepared to adopt this emergent asset class may capitalize on substantial growth prospects as a result of this transformation. Jones emphasizes that digital assets have historically been the most successful asset class, with Bitcoin experiencing nearly 30,000% increase over the past decade and XRP following closely behind with a 35,000% increase during the same period. Unexploited Market Potential The current low adoption rate of digital assets is one of Jones’s most compelling arguments. She observes that only 5% of individuals worldwide have invested in cryptocurrencies, indicating a vast untapped market that is awaiting development. Retail investors are currently better positioned than institutional players since they cannot fully enter the market because of regulatory barriers. However, Jones expects that institutional capital will soon flood the market in response to the expected regulations on crypto and stablecoins by early 2025. The recent proposal by US President-elect Donald Trump to exempt capital gains on digital assets situated in the United States from taxation serves to bolster this optimism. This policy has the potential to substantially increase the potential of American projects such as XRP and Cardano (ADA) by redirecting investments toward them if it is implemented. Related Reading: Can Ethereum Break $3,500 Before End Of 2024? Analyst Weighs In A Favorable Political Environment Political change is also favoring digital assets. Jones notes David Sacks’ appointment as Crypto and AI czar, citing his pro-crypto stance as PayPal COO. This leadership change shows a commitment to promoting cryptocurrencies. $XRP gonna make history next year — Bitstamp (@Bitstamp) December 20, 2024 Moreover, Congress has lately grown much more pro-crypto, creating an environment fit for regulatory clarity and expansion. As XRP and other digital assets gather pace in front of changing rules and more investor trust, Jones expects 2025 to be a decisive year for them. Other business leaders share her feelings; they believe that XRP may become historical in this year. Featured image from DALL-E, chart from TradingView

The Asia-Pacific region has key potential to lead in Web3 and artificial intelligence innovation.

The Pitchbook report shows artificial intelligence and machine learning continued to dominate early-stage venture capital investment in the third quarter of 2024. Investors Maintain Confidence in AI/ML According to Pitchbook’s Emerging Tech Indicator report, artificial intelligence (AI) and machine learning (ML) continued to dominate early-stage venture capital (VC) investment in the third quarter of 2024. […]