{
}
Usual, a DeFi stablecoin issuer, faced a sell-off after introducing dual exit mechanisms for its USD0++ protocol, causing the token to drop to $0.89. The conditional exit allows 1:1 redemption at the $1 peg with penalties, while the unconditional exit offers immediate cash-out at a floor price of $0.87, rising to $1 over four years. This update has led to significant market volatility and liquidity issues, with hundreds of millions in USD0++ leaving DeFi.
As 2025 approaches, major investors are flocking to cryptocurrencies like Dogecoin (DOGE), Ripple (XRP), Hedera (HBAR), Solana (SOL), and PlutoChain (PLUTO) amid speculation of significant price movements following Donald Trump's inauguration. XRP is poised for growth with a bullish chart pattern and favorable regulatory changes, while HBAR shows strong potential after breaking out of a descending triangle. Dogecoin's recent whale activity and technical indicators suggest a possible rise toward $1, reflecting growing confidence in its future.
Donald Trump's potential second term could significantly boost the cryptocurrency market, with Rexas Finance (RXS), Bonk, TRON, Dogecoin, and Hedera poised for growth. RXS stands out for its real-world applications and successful presale, raising over $30 million, while other tokens like Dogecoin and TRON are expected to thrive under a business-friendly administration. As interest in digital assets surges, these cryptocurrencies may deliver substantial profits for investors.
Hedera (HBAR) is showing signs of recovery, with a recent 11% price surge, positioning it to reclaim a $14 billion market cap. Analysts predict potential price targets of $0.45 in the near term and a long-term goal of $3.27, driven by strong fundamentals and a bullish technical pattern. However, caution is advised as some analysts foresee possible corrections to support levels around $0.187 and $0.207.
Amid market consolidation, the new PropFirm coin, $FXG, is poised for significant growth, with experts predicting over 100x gains by 2025. Currently in its presale, $FXG has raised over $3 million, attracting investors with its utility on the FXGuys platform, including staking options and a unique Trade2earn model. Meanwhile, established players NEAR Protocol and Hedera are facing resistance and consolidation after recent rallies, with NEAR eyeing a potential rise to $9.20 if it breaks the $7 resistance.
Chainlink unveiled its Chainlink Runtime Environment (CRE) at SmartCon 2024, aiming to revolutionize on-chain banking by providing a decentralized and scalable platform for financial services. This upgrade allows developers to create custom workflows that enhance cross-chain compatibility, improve security, and reduce operational costs by eliminating intermediaries. With CRE, financial institutions can develop DeFi applications that integrate seamlessly with both private and public blockchains, potentially transforming traditional banking systems.
Shiba Inu has partnered with Chainlink to enhance blockchain interoperability, allowing its assets—SHIB, LEASH, and BONE—to operate across 12 blockchains. This integration of Chainlink’s CCIP and CCT protocols into Shibarium promises faster, secure transactions and improved DeFi performance, while also bolstering user privacy. As Shiba Inu navigates its unpredictable market journey, this collaboration positions it for significant advancements in multi-chain applications and broader adoption.
Qubetics ($TICS) is revolutionizing blockchain accessibility with its QubeQode IDE, enabling businesses to develop applications easily. Currently in its presale, it has raised over $7.3 million, with projections suggesting a potential ROI of over 29,000% post-launch. Other notable cryptocurrencies include Hedera, Ocean Protocol, and Kadena, each offering unique solutions for enterprise applications, decentralized data sharing, and scalable blockchain technology, making them strong candidates for long-term investment.
The SEC has approved the first spot Bitcoin and Ethereum combo ETFs from Hashdex and Franklin Templeton, set to launch in January with an 80/20 allocation favoring Bitcoin. This marks a significant step in the U.S. crypto ETF market, which has seen substantial inflows, particularly in Bitcoin ETFs. Speculation continues around potential future approvals for Solana and XRP ETFs, though analysts suggest Litecoin and Hedera may come first due to regulatory clarity.
As December 2024 approaches, altcoins like Qubetics, Toncoin, Chainlink, VeChain, and Hedera are emerging as top investment choices, each offering unique innovations and growth potential. Qubetics leads with its Web3 solutions, while Toncoin simplifies blockchain access through Telegram. Chainlink connects smart contracts to real-world data, VeChain enhances supply chain transparency, and Hedera provides an enterprise-grade blockchain known for speed and security. Investing in these projects positions investors to capitalize on the evolving cryptocurrency landscape.
Hedera USD
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
stablecoin issuer faces sell-off after introducing dual exit mechanisms
12:43 10.01.2025
crypto market poised for growth ahead of trump inauguration
17:04 07.01.2025
cryptocurrency surge expected with trump's second term and key tokens
11:31 26.12.2024
Hedera HBAR poised for significant market cap recovery and price surge
15:57 24.12.2024
new prop firm coin poised for 100x gains outpacing established cryptos
12:30 24.12.2024
chainlink introduces runtime environment to revolutionize on-chain banking solutions
17:13 21.12.2024
Shiba Inu and Chainlink Forge Partnership to Enhance Blockchain Interoperability
12:15 21.12.2024
top cryptocurrencies for long term growth and investment potential
11:08 21.12.2024
us sec approves first crypto index etfs for bitcoin and ethereum
Franklin Templeton - Franklin M
VanEck Vietnam ETF
Grayscale Litecoin Trust
Bitwise Bitcoin ETF
Fidelity Contrafund
XRP USD
Solana USD
GEMINI INV
Invesco QQQ Trust
Nasdaq 100 Dec 24
Litecoin USD
BlackRock, Inc.
Coinbase Global, Inc.
HASHDEX MOMENTUM ETP
WisdomTree U.S. Total Dividend Fund
Hedera USD
USA
Nate Geraci
James Seyffart
Eric Balchunas
Show more
12:57 20.12.2024
top altcoins to invest in for long term success in december 2024
18:38 19.12.2024
Trending
Subcategory
Industry Trends
Corporate News
Startups & Entrepreneurship
Global Trade Developments
Retail and Consumer Goods
Supply Chain Management
Government Economic Policies
Workplace Trends
Industry Mergers & Acquisitions
Stock Market Updates
Fintech Startups
Venture Capital Investments
Financial Scams and Security
Finance Mergers & Acquisitions
CEO Changes
Cryptocurrency Trends
Emerging Startups
Cryptocurrency & Blockchain Regulations
Funding Rounds & Investments
Energy Sector Developments
Countries:
Companies:
Apple Inc.
Google Inc.
Alphabet Inc.
NVIDIA Corporation
Tesla, Inc.
Microsoft Corporation
Amazon.com, Inc.
Delhivery Limited
Ecom Express Ltd.
Foxconn Technology Co., Ltd.
Samsung SDI Co., Ltd.
SWIGGY LIMITED
UWS JP Morgan EM A OSB
Netflix, Inc.
Airbnb, Inc.
Adobe Inc.
GEELY AUTO
TENCENT
CarTrade Tech Limited
Concrete Credit Limited
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
Japanese Yen
South Korean Won
Algerian Dinar
Vietnamese Đồng
Indonesian Rupiah
Australian Dollar
Egyptian Pound
Saudi Riyal
Swiss Franc
British Pound Sterling
Russian Ruble
Pakistani Rupee
People: