Aurelia Butler

Streamr, the decentralized real-time data network, and JDI, a manufacturing leader and venture capital in decentralized physical infrastructure networks (DePIN), are teaming up to transform home-based mining through the launch of the Terminal Multi-Miner. This new mining device combines multi-token mining capabilities with decentralized protocol participation, providing a new way for users to engage with DePIN and the decentralized economy from the comfort of their homes.Terminal Multi-Miner: a new gateway to home-based miningThe Terminal Multi-Miner from JDI supports multiple cryptocurrencies, including $DATA, $ANYONE, and other projects that are added through future updates. Its modular “mining lego” framework allows users to customize their setups for efficiency and flexibility, creating a straightforward way to engage with DePIN.Terminal T2: A powerful multi-miner designed for seamless multi-token mining, supporting $DATA and other tokens.The Terminal T2 model, scheduled for launch in Q1 2025, will enable seamless multi-token mining, featuring integration with projects such as the Streamr Network. With Terminal T2, users can receive $DATA while contributing to the Streamr protocol, simplifying participation in the ecosystem.New accessibility in DePIN The Terminal Multi-Miner is designed with everyday users in mind to make advanced crypto-mining technology more accessible. Its plug-and-play functionality is designed to lower technical barriers and allow more individuals to participate in DePIN and crypto mining.The $DATA token of the Streamr Network plays a key role in the Terminal Multi-Miner. As one of the mining options available, $DATA allows users to actively participate in the Streamr Network by becoming nodes that support its peer-to-peer data broadcasting infrastructure.JDI, with a strong track record in hardware manufacturing for decentralized networks, has supported communities like DIMO and Helium, deploying over 500,000 devices. Streamr, a ‘DePIN original’ founded in 2017, complements this expertise with its scalable P2P infrastructure and tools, which has been trusted by more than 20 DePIN projects, including Flux, Arkreen, and Minima.The Terminal Multi-Miner is just the beginning of what Streamr and JDI aim to achieve together in making DePIN a mainstream reality.About StreamrStreamr is building the real-time data protocol for the decentralized web. Its scalable, low-latency and secure P2P Network enables data broadcasting and monetization at scale. By powering applications for DePIN projects and beyond, Streamr aims to decentralize data pipelines and create new opportunities for data-driven innovation. To learn more, users can visit streamr.network.About JDI Global Group LimitedFounded in 2016, JDI is a manufacturing and venture capital leader specializing in decentralized physical infrastructure networks. With investments in projects like Grass, Ator, and Geodnet, and hardware for networks like DIMO and Helium, JDI is shaping the future of Web3 and decentralized wireless networks. To learn more, users can visit jdiglobal.xyz.ContactsChief Commercial OfficerMark LittleStreamrmedia@streamr.networkVP of PartnershipAndre ZhangJDIAndre.Zhang@jdi.xyzThis article was originally published on Chainwire More

Trump’s recent statements reinforce his stance on preserving the dollar’s central role, TD Cowen analysts said a note. Over the weekend, he threatened the BRICS alliance—comprising nations such as China, Russia, India, and Brazil—with 100% tariffs if they move forward with plans for a new currency or seek alternatives to the dollar in global trade.TD Cowen analysts said that while some see a strategic bitcoin reserve as a hedge against the dollar’s potential decline, such an idea conflicts with Trump’s prioritization of U.S. economic and military power. They added that Trump views the dollar’s dominance as integral to American strength and influence, leaving little room for alternative reserves.Advocates for a Bitcoin reserve, including organizations like the Bitcoin Policy Center, suggest that holding digital assets like bitcoin could ensure the U.S. remains a leader in global finance. However, TD Cowen analysts find it improbable that Trump would endorse a move perceived as undermining the dollar.While Trump might reference bitcoin in public statements or social media posts to generate attention, TD Cowen believes any serious push for a reserve would require significant political capital, which Trump is unlikely to spend on this issue.The analysts suggest the debate could evolve over the next two years. They argue proponents of a bitcoin reserve may need to shift their rhetoric away from framing it as a hedge against dollar decline to gain traction in a Trump-led administration. More

The world’s largest cryptocurrency fell into a trading range below the $100,000 level in recent weeks, after largely failing to cross the coveted level during a rally through November. But it still remained close to recent record highs of over $99,000.Bitcoin fell 0.8% to $95,928.8 by 00:18 ET (05:18 GMT). Most major altcoins rallied past Bitcoin in anticipation of more friendly policies under President-elect Donald Trump. XRP was a major beneficiary of this trend, hitting an over six-year high on speculation that the SEC will drop its long-running lawsuit against issuer Ripple.Bitcoin clocked some losses after Arkham Intelligence data showed the U.S. government had moved nearly 20,000 coins, worth about $1.9 billion, onto Coinbase (NASDAQ:COIN). Such a move usually heralds a sale event. The coins were confiscated from the now defunct Silk Road online black market, and represent roughly 10% of the government’s overall Bitcoin stockpile, according to Arkham data. The mobilization of tokens onto an exchange usually heralds a sale event, with the government having sold off tokens through similar channels in the past. But the move may not necessarily herald a sale, given that Coinbase has a contract with the Justice Department’s U.S. Marshals Service to provide custody and trading of its digital assets. TD analysts downplayed the possibility of a Bitcoin Strategic Reserve under Donald Trump, stating that the President-elect’s “ironclad” view that the dollar must remain the world’s reserve currency would stymie any attempts to hedge against the greenback. Bitcoin’s latest rally was driven by optimism over Trump’s election victory, given that he promised to enact crypto friendly policies and potentially establish a Bitcoin reserve.But while Trump’s cabinet picks all harbor crypto-friendly views, doubts have emerged over the possibility of a reserve. The establishment of a reserve would also require fiscal funding to buy more Bitcoin, which appears unlikely in the face of a Republican-led Congress that aims to slash government spending.Broader crypto prices mostly rallied past weakness in Bitcoin. World no.2 crypto Ether fell 1.1% to $3,653.11.XRP rose further after its recent rally saw it become the world’s third-largest crypto. The altcoin rose 11.3% to $2.7395, hitting an over six-year high on speculation that a change in leadership at the SEC will see the agency drop its long-running lawsuit against Ripple.Solana fell 0.3%, while Cardano surged 12%. Polygon rallied nearly 18%.Meme tokens lagged, with Dogecoin losing 3.8%.  More

According to the price chart, XRP has experienced a parabolic rise, decisively surpassing several resistance levels, including the noteworthy $2 milestone. Strong trading volume backs this upward trend, especially on South Korea’s Upbit exchange, where it hit $3.69 billion. XRP’s distinct position in the current market cycle was highlighted by the noticeably lower trading volumes of Ethereum and Bitcoin. Now the question is whether XRP can continue on this path and reach $3.Given the current momentum, it seems likely. Around $2.75 is the next important resistance level which, if broken, could open the door to a $3 breakout. With a price above $3, XRP will reach new heights for this rally, possibly reaching $3.50, contingent on market circumstances and sustained interest from institutional and retail investors. But it is important to remember that XRP’s RSI is at 87, which indicates that the market is overbought. This increases the possibility that there will be a consolidation or pullback period prior to another leg up. The levels of $1.70 and $2.20 are important support levels to keep an eye on since they serve as buffers in case of a correction. The ascent of XRP to $3 is now a reality. With record-breaking trading volumes and strong fundamentals, this ambitious goal has a strong basis.According to a chart analysis, the recent rally indicates that SHIB is emerging from a period of consolidation, propelled by an increase in market activity. A positive indication is the price’s continuous upward momentum, even though it briefly touched $0.000031 before retracing slightly. The 21 EMA has served as reliable support, and the strength of this move was further supported by the breakout and a spike in trading volume. Staying above $0.00003 is not assured though, particularly in light of the larger market dynamics. The overall state of the cryptocurrency market is still unstable, and SHIB’s RSI is overbought at 70, indicating that there may be a brief correction or consolidation. The amount of $0.000027 might provide instant support in the event of such a pullback, with $0.0000249 being the next crucial level to keep an eye on.On the plus side, additional gains might be possible if SHIB can maintain its position above $0.00003. Based on market sentiment and ongoing bullish momentum, a successful move past $0.000032 could lead to $0.000035, or even $0.00004. SHIB will require sustained support from the larger market, especially from Bitcoin and Ethereum, which frequently drive altcoin movements in order to continue on its upward trajectory. According to the chart analysis, Bitcoin is presently trading close to $96,000, which is just below the psychological resistance level of $100,000. A break above this level, which serves as a significant barrier, might start the subsequent surge of bullish momentum. As market sentiment cools and profit-taking quickens, a pullback is more likely the longer Bitcoin struggles to recover $100,000. The recent breakout zone and the 21 EMA are in line with $90,400, which is key support. Bitcoin may move toward the $80,400 support, which is in line with the 50 EMA and acts as a robust safety net for the current bullish trend if it breaks below this level, which could indicate additional bearish pressure. With a current Relative Strength Index of 71, the market is overbought. Although this is not necessarily a sign of bearishness, it does imply that the market may go through a period of consolidation or a brief correction before attempting to rise again. Strong buying pressure is necessary to break through the current resistance levels in order for Bitcoin to regain its upward momentum and move toward $100,000. Bulls may be able to reopen the path toward $100,000 and possibly $105,000 if they can push the price above $98,000 with significant trading volume.This article was originally published on U.Today More