Author: Maria
Hedera HBAR (24h) $0.27198 +0.52% The Hedera hashgraph platform provides a new form of distributed consensus; a way for people who don’t know or trust each other to securely collaborate and transact online without the need for a trusted intermediary.
Discussions about Ethereum’s next major price rally have emerged significantly within the crypto community following its recent upbeat strength in the past few days. With upside momentum gaining traction, there are speculations that ETH may rally soon. However, a recent development suggests otherwise. Anticipated Major Rally For Ethereum Might Require More Patience Ethereum’s next big upswing is widely believed to be just around the corner as evidenced by several bullish forecasts. Nonetheless, Ali Martinez, a market expert and investor, predicts that the notable much-anticipated move may take longer than the general market expects. The expert points to a key market…
Metaplanet Inc., a publicly traded company on the Tokyo Stock Exchange, is ramping up its efforts to build its Bitcoin portfolio. According to multiple reports, the Japanese Bitcoin consulting company has issued ¥4.5 billion ($30 million) in zero-interest bonds to finance its Bitcoin acquisition strategy. The company shared this news on its bond issuance through a disclosure posted on its website dated December 17th. This is the fourth in the series and formally carries the name Metaplanet Inc. 4th Series Ordinary Bonds. The total amount of bonds is worth ¥4.5 billion, each costing ¥250 million. According to the company disclosure,…
Analysts reported that a South American country is among the Bitcoin investors who greatly benefit from the Donald Trump-fueled crypto bull market as its digital asset portfolio reaches new heights. The value of El Salvador’s Bitcoin holdings soared to $632 million after the firstborn crypto hit a new all-time high of $106,488 per coin. Portfolio Increased By Over 133% El Salvador President Nayib Bukele was elated to share on his X account the massive gains his country earned by investing in Bitcoin as the crypto’s price went beyond $106k. Bukele proudly posted on social media that the Bitcoin portfolio of…
On-chain data shows the most massive Ethereum whales control most of the supply, with their holdings only continuing to grow. Ethereum Mega Whales Own More Than 57% Of All Tokens In Existence In a new post on X, the on-chain analytics firm Santiment has discussed how the ETH supply held by the different segments of the user base has looked recently. The indicator of relevance here is the “Supply Distribution,” which keeps track of the percentage of the Ethereum circulating supply that a given wallet group is holding right now. Addresses or investors are divided into these cohorts based on…
A “new wave” of crypto exchange-traded funds (ETFs) is expected in 2025 as the regulatory landscape improves under the incoming Trump administration, according to Bloomberg Intelligence analysts.Bitcoin-Ethereum (ETH) combination products will likely lead the charge, followed by Litecoin (LTC) and Hedera Hashgraph (HBAR). However, legal and regulatory hurdles are expected to delay ETFs tied to Solana (SOL) and XRP, leaving their future uncertain.Bloomberg ETF analyst Eric Balchunas, citing research from colleague James Seyffart, emphasized Litecoin’s favorable position due to its close ties to Bitcoin (BTC).As a fork of Bitcoin, Litecoin could benefit from its commodity classification, which aligns with how the…
Optimism regarding a potential strategic reserve fund proposed by President-elect Donald Trump has propelled Bitcoin to surpass $106,000 for the first time. Since Trump won the election on November 5, 2024, the cryptocurrency had an amazing rise of over 50%, hitting a high of $105,150 on December 16, 2024. This upward trend has caught the attention of investors and experts, who are now guessing where Bitcoin’s price will go next. Bitcoin’s Ascent Fueled By Strategic Reserve Expectations Reports claim that Trump plans to create a national reserve for Bitcoin, akin to the strategic energy reserve of the United States, which…
World Liberty Financial (WLFI), the decentralized finance (DeFi) platform funded by Donald Trump and his family, has made news for its recent acquisition of ONDO tokens. According to Arkham Intelligence’s on-chain statistics, on December 16, 2024, WLFI purchased 134,216 ONDO tokens via the Cow Protocol for about $250,000 USDC. This strategic move demonstrates not only WLFI’s and the incoming US president’s expanding importance in the crypto sector, but also the growing interest in ONDO, which serves as Ondo Finance’s governance token. A Bold Investment Strategy For World Liberty Financial, the purchase of ONDO fits into their whole investing strategy. The…
As the Bitcoin price continues its upward momentum, on-chain data reveals that Bitcoin long-term holders are beginning to sell off their assets. Historically, similar market behavior coincided with market tops in the 2021 bull cycle, raising the question of whether the pioneer cryptocurrency is finally approaching its market peak. Bitcoin Long-Term Holders Sell, Market Top Ahead? The price of Bitcoin has been on a strong bullish trend following Donald Trump’s victory in the US Presidential elections. Leading up to its rise to its previous $100,000 ATH, BTC saw a surge in accumulation, with most whales opting to hold rather than sell…
A renowned economist disagrees with Bitcoin supporters who claim that cryptocurrency could someday solve the national debt of the United States. Economist Peter Schiff expressed his skepticism on the bold declaration of what he called “Bitcoin pumpers” that 1 million BTC can settle the country’s national debt, saying that even with that number of cryptos, it will still be insufficient to address the country’s enormous government debt. Not Enough To Pay US Debt Schiff does not believe that 1 million Bitcoin is the answer to paying off the US national debt, arguing that to do that, the crypto needs to…