Author: CryptoHoppers
Key Takeaways Uphold has relaunched crypto staking services in the UK due to a regulatory update. UK customers can now stake tokens like Ethereum, Solana, and NEAR with returns up to 14.8%. Share this article Digital payments platform Uphold has resumed offering crypto staking services to UK customers following a Treasury amendment to the Financial Services and Markets Act 2000 that exempts crypto staking from the “collective investment scheme” category, facilitating less regulated staking activities.Taking effect on January 31, the regulatory update provides clarity for registered crypto-asset service providers to offer staking services in the UK market, allowing users to…
Key takeaways: Conflux price prediction moves below $0.15. Considering the current BTC market sentiment and rising buying demand among investors, the CFX price will reach $0.47 in 2025. In 2031, CFX might record a maximum price of $4.15. Conflux Network (CFX) is a high-speed layer 1 blockchain that combines proof-of-work consensus with proof-of-stake finality. Originating from China, it follows local regulations, earning it the nickname “Chinese Ethereum.” The network’s native CFX token serves various purposes, such as being a store of value and a governance token. You can also stake these tokens to receive passive income in more CFX tokens.…
US Marshals missed deadline for report on Silk Road Bitcoin to Senator Lummis
Key Takeaways The US Marshals Service missed a deadline to report to Senator Cynthia Lummis on Bitcoin management from the Silk Road case. Senator Lummis raised concerns over the planned sale of 69,370 Bitcoin, worth about $7 billion, citing a potential 98% loss in value. Share this article The US Marshals Service (USMS) missed a Friday deadline to provide detailed information about its handling of Bitcoin seized from the Silk Road case to Senator Cynthia Lummis, a development that sources with knowledge of the matter had indicated.Senator Lummis, in a letter to the USMS last month, raised concerns about the…
Bitcoin’s road to $3 trillion market cap might be shorter than expected – Here’s why
Fibonacci expansion suggested Bitcoin’s next major target range might lie between $136k and $150k ETFs and Futures must see significant capital inflows to push Bitcoin’s market cap to $3 trillion Bitcoin’s [BTC] journey to the $2 trillion market cap has solidified its position as a dominant force. However, as the asset matures, the question on many investors’ minds is whether Bitcoin can hit the elusive $150,000-level. While the target seems ambitious, data and market indicators suggest it’s within reach – If the right conditions align. Achieving this milestone will require significant capital inflows, driven by factors like institutional adoption, the…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ripple’s court win boosts XRP’s outlook, while Elluminex eyes DeFi growth on the expanding TON network. Ripple (XRP) has established its footprint across the global financial landscape, especially after its recent court victory against the U.S. SEC. This achievement has propelled the XRP price to unprecedented highs, with market forecasters touting a double-digit price for the top altcoin during this bull cycle. Meanwhile, new interesting projects are emerging. Elluminex (ELX), a fast-rising presale star that aims to solve similar…
Key Takeaways NYSE Arca filed a 19b-4 form to convert Grayscale’s Dogecoin Trust to a spot exchange-traded fund. Grayscale seeks to expand its ETF offerings, including proposals for XRP and Litecoin ETFs alongside its spot Bitcoin and Ethereum ETFs. Share this article NYSE Arca has filed a 19b-4 form with the SEC, seeking approval for a rule change to list and trade shares of Grayscale’s spot Dogecoin ETF. The move comes swiftly after Grayscale announced the launch of its Dogecoin Trust earlier today.“Similar to Bitcoin and Litecoin, DOGE can be used to pay for goods and services or can be…
Crypto Trader Says Bitcoin Has Limited Upside Potential Going Forward, Unveils Massive Price Target for Ethereum
A widely followed analyst and trader is offering his outlook on the two largest crypto assets by market cap. The analyst pseudonymously known as CredibleCrypto tells his 460,500 followers on the social media platform X that “very healthy signs” have emerged for Bitcoin (BTC) amid the sideways consolidation that the crypto king has experienced over the past one and a half months. According to the pseudonymous trader, among the positive signs in the market include the open interest declining by 20%, $10 billion of spot market selling getting absorbed, the funding rate flatlining and the spot premium replacing the perpetual…
Bitcoin demonstrated strong resilience this week by building firm backing at the crucial $100,000 price point, which counteracted recent instability. Bitcoin lost 5% of its value below $100K on Monday before investor confidence returned to push it above this psychological threshold and spark renewed optimism. According to expert cryptocurrency analyst Jelle, Bitcoin successfully protected the $100,000 support mark to achieve a crucial technical breakthrough despite previous failed attempts at this level. After two previous failures, Bitcoin established $100,000 as its new stable support area. Jelle studied Bitcoin’s rebound from the $100K price level to discover strengthening forces that make the…
Share this article Seychelles, January 31, 2025 — MEXC, a leading global cryptocurrency exchange, is excited to launch a limited-time Zero-Fee Event for European traders. During this limited-time promotion, all EUR Spot trading pairs, as well as a total of 108 Spot trading pairs, will be offered with zero fees, providing exceptional trading opportunities and cost savings for the European cryptocurrency community.Event DetailsThe Zero-Fee Event will run from January 23, 2025, to March 31, 2025. During this period, all EUR Spot trading pairs will have 0% maker and taker fees. This promotion is available to all MEXC users.In addition to…
Sei Foundation, which supports the growth of the Layer 1 blockchain Sei, has launched a $65 million venture fund focused on decentralized science (DeSci) as the sector picks up momentum.Dubbed “Sapien Capital — Open Science Fund I,” the venture fund will exclusively invest in DeSci startups building natively on the Sei blockchain, Justin Barlow, head of business development and investments at Sei Foundation and a former investor at Solana Ventures, told The Block. The Sei Foundation has fully committed the $65 million capital for the fund, but it may work with external investors or limited partners in the future, Barlow…