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XRP whales are strategically accumulating over 80 million XRP amid market volatility, suggesting a potential price rebound. The launch of Ripple's stablecoin RLUSD could further enhance XRP's role in international payments, increasing liquidity and attracting financial institutions. Despite a recent 4% price rise to $2.36, caution remains as XRP futures open positions have dropped by 30%.
Chainlink is attempting a breakout rally towards its all-time high, while a rival cryptocurrency priced at $0.15 is gaining significant attention. Investors are reminded to conduct their own research before making any financial commitments, as the cryptocurrency market carries risks, including potential scams.
Ethereum's Accumulation Addresses have seen a 60% increase in holdings from August to December, raising their share of the total supply from 10% to 16%. This surge reflects long-term investor confidence, driven by bullish expectations surrounding potential regulatory changes under the incoming Trump administration. Despite recent price corrections, the resilience of these HODL wallets suggests a positive outlook for Ethereum's future.
Amid a market downturn, Toncoin (TON) and Solana (SOL) are gaining investor interest, with increased transaction volumes reported on ChangeNOW. SOL is trading between $205 and $239, showing signs of being oversold, while TON is between $5.26 and $7.17, also nearing oversold territory. Both cryptocurrencies present potential growth opportunities, with ChangeNOW facilitating transactions without registration or hidden fees.
WhiteBIT has secured Virtual Asset Service Provider (VASP) licenses in Croatia, Italy, and Kazakhstan, enhancing its presence in key crypto markets. This strategic move allows the exchange to tap into nearly $1 trillion in annual crypto transactions, catering to both institutional and retail clients. CEO Volodymyr Nosov emphasized the importance of regulatory partnerships in fostering innovation while ensuring compliance.
A recent survey by P2P.org highlights key challenges in institutional crypto adoption, with 33.4% of participants citing difficulties in integrating new crypto yield products that align with their risk tolerance. Regulatory compliance and operational hurdles also emerged as significant barriers, impacting product innovation and integration. The findings underscore the critical role of risk assessment across technology, operations, and regulatory frameworks in shaping institutional strategies.
Hong Kong is solidifying its status as a global crypto hub, with a remarkable 85.6% increase in transaction volumes year-over-year, despite retail adoption remaining at 24%. The Securities and Futures Commission (SFC) has accelerated licensing for virtual asset trading platforms (VATPs), now totaling seven, while the Hong Kong Monetary Authority (HKMA) is spearheading initiatives like Project Ensemble to integrate digital assets into traditional finance. These efforts aim to enhance investor protection and foster a stable yet innovative digital asset ecosystem.
Institutional investors are cautiously exploring decentralized finance (DeFi), facing challenges such as technological, security, and regulatory risks. A survey reveals that over 50% prioritize high-yield products, while concerns about smart contracts and operational risks persist. Despite lower regulatory uncertainty, compliance costs hinder innovation, as institutions seek risk-adjusted yield solutions to enhance performance.
The cryptocurrency market remains highly volatile, with Bitcoin recently reaching $95,642.11 and Ethereum climbing to $3,311.98. Analysts predict potential growth for both, with Bitcoin possibly exceeding $100,000 and Ethereum surpassing $5,000 by 2025, driven by mainstream adoption and its role in NFTs and DeFi. However, investors must navigate significant risks, including market unpredictability, security concerns, and regulatory uncertainties.
Michael Saylor, co-founder of MicroStrategy, has introduced a comprehensive framework to integrate Bitcoin and digital assets into the US economy, aiming to position the country as a leader in the digital economy. He argues that a clear digital asset policy could strengthen the US dollar, mitigate national debt, and empower businesses, while proposing a regulatory approach that fosters innovation and efficiency. Saylor envisions a significant expansion of digital markets, projecting that the US could generate trillions in wealth and establish the dollar as the global reserve digital currency.
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