Cryptocurrency

Good Market, built by fintech veterans from M2 Exchange and Freetrade, introduces a new trading platform that combines AI-driven trading with human-centered design. The platform enters closed beta testing with an initial group of 500+ traders, targeting a significant reduction in emotional trading errors – a key factor in the well-documented 90-95% failure rate among retail traders.The platform streamlines complex trading processes through systematic execution and automated risk management, addressing key issues that typically lead to trading losses.Good Market’s Smart Assist Intelligence™ tackles this crisis head-on by automating trade execution and risk management. The platform allows traders to configure up to 300+ parameters, including technical indicators and entry/exit conditions, without writing code. This systematic approach eliminates the psychological biases that plague manual trading of popular tokens like Polygon (MATIC), Chainlink (LINK), and Avalanche (AVAX).Core Platform Features:The platform’s native token, $GOOD, offers practical benefits including trading fee reductions of up to 20% and access to premium features. The initial token sale begins at $0.025, with 4 million tokens available in Phase 1 before moving to $0.05 in Phase 2.Early Investor Benefits:The Good Market team combines deep expertise in cryptocurrency trading and traditional finance, including key architects from M2 Exchange who managed over $2B in trading volume and product leaders from Freetrade. Development began in February 2024, building on years of direct experience with retail trading challenges.The platform will move to public beta in Q1 2025. Early investors can participate at www.goodmarket.ai. Note: Trading cryptocurrency and other assets carry a significant risk of loss. Good Market provides tools for systematic trading but does not guarantee trading profits. Popular cryptocurrencies mentioned like Bitcoin, Ethereum, and others experience high volatility and should be traded with caution.Connecting with Good Market:www.goodmarket.aiContactMrChike ChiejineGood Marketinfo@goodmarkt.coThis article was originally published on Chainwire More

Noting that the Bank of Japan’s efforts to raise inflation over the past decade have backfired, Schiff suggested that the economy would have been in better shape if inflation had remained below 2% rather than above 3.4% as it is now, a scenario that he believes would have prevented the accumulation of major government debt.In response to a follower’s suggestion that several countries, including the United States, might be planning to adopt BTC as a strategic reserve, Schiff dismissed the idea as unfounded speculation. He suggested that such claims were likely being propagated by individuals seeking to manipulate the Bitcoin price for personal gain.Japan’s own stance on cryptocurrency reserves has been cautious, with none other than Prime Minister Shigeru Ishiba saying in December 2024 that the volatility of crypto-assets, including Bitcoin, was incompatible with the current system, making the introduction of a BTC reserve questionable.According to the latest news, the new U.S. administration, which will come into power, plans to appoint around 24 CEOs and corporate funders to its proposed Cryptocurrency Advisory Council to provide policy to create a strategic Bitcoin reserve. It will also work with key government agencies, including the SEC, CFTC and Treasury, to provide regulatory clarity and create a favorable environment for cryptocurrencies. None of this is set in stone yet, leaving room for speculation such as Schiff’s. The only concrete information the market will likely get is when the relevant guidelines are issued by the relevant authorities.This article was originally published on U.Today More

This article was originally published on U.Today More

Earlier this week, MicroStrategy announced yet another large Bitcoin purchase as it acquired a $243 million BTC stash. The previous accumulation was made this year on January 5, when the company scooped up $101 million worth of Bitcoin.Tom Lee believes that when BTC crashed to $90,000 from $96,000, it was a normal correction of roughly 15% after the recent highs reached by the leading digital currency. Lee opined that Bitcoin may demonstrate an extended correction to $70,000. However, it may drop even lower and touch on the $50,000 zone. However, if that happens that’s where it would push from to start rallying.Lee noted that this year Bitcoin is expected to be one of the best-performing assets and reach $250,000 by the year’s end.Besides, the PPI data release is expected today with a 3.7% increase YoY in December. Another inflation metric CPI is expected to come out tomorrow, also higher than the previous one – 2.9% YoY.This article was originally published on U.Today More

Game to Onboard Billions of Users to Polkadot via Koni Stack’s Telegram Mini App-as-a-ServiceKoni Stack, the platform that accelerates next-generation Web3 decentralized applications (dApps) with unified, end-to-end solutions, has announced an innovative partnership with Mythical Games to launch Football Rivals, a new toss-up game designed to bring billions of Telegram users into the Polkadot ecosystem. The game is built using Koni Stack’s cutting-edge mini app SDK, which simplifies the development and deployment of mini apps for Telegram, creating an easy entry point for players into the world of blockchain.Inspired by NFL Rivals, a popular game from Mythical Games with over six million active players, Football Rivals combines engaging stats-based gameplay with the power of Web3. Players use digital cards featuring player statistics to compete in weekly challenges, with top performers gaining opportunities to earn exclusive MYTH rewards on the Mythos Chain. The game will be easily accessible to billions of users, making it one of the most accessible and user-friendly blockchain gaming experiences to date.By tapping into the global Telegram user base, Football Rivals is poised to introduce billions of new players to the Polkadot ecosystem. This collaboration between Koni Stack, Mythical Games, and Polkadot creates an entirely new use case for the blockchain ecosystem, offering a seamless experience that bridges Web2 platforms and the decentralized world.Koni Stack, developed by the team behind SubWallet – a leading wallet in the Polkadot ecosystem – is designed to simplify the onboarding process for users into Web3 via a developer-friendly SDK. With a focus on user-friendly interfaces, SubWallet first transformed access to Polkadot with its easy-to-use wallet. Now, through its Telegram mini app-as-a-service, Koni Stack is helping developers create seamless mini apps with low code thus enabling Telegram’s billions of users to seamlessly interact with dApps and blockchain-based experiences.For more information about Football Rivals, users can visit t.me/footballrivalsgame.About Koni StackKoni Stack is an all-in-one platform that accelerates the development and deployment of next-gen Web3 dApps. It enables developers to build intent-based dApps for the masses with zero fragmentation, using two key modules: dApp-as-a-service and mini app-as-a-service. The dApp-as-a-service module allows for seamless, unified dApps that can access users and liquidity across multiple networks with one-time deployment, while the mini app-as-a-service module lets you quickly create and deploy Telegram mini apps by simply plugging in ready-to-use modules.About Mythical GamesMythical Games is a next-generation gaming technology company focused on creating decentralized games that empower players with true digital ownership. Mythical Games has been at the forefront of bringing Web3 innovations to gaming, with millions of active players and a reputation for creating immersive, blockchain-enabled gaming experiences. With titles like NFL Rivals and upcoming FIFA Rivals and Pudgy Party, Mythical Games is shaping the future of gaming and digital economies.ContactChief Growth OfficerKate HaKoni Stackkate@koni.studioThis article was originally published on Chainwire More

In the last two months, the price of XRP soared by 271% against the leading cryptocurrency, going all the way up from 0.00000733 BTC to 0.00002678 BTC per XRP. However, that is the level at which the price of the digital asset met the first major resistance against Bitcoin.This is not new, as XRP previously failed to rise above 0.00002678 BTC on multiple occasions, such as in the summer of 2023 or the autumn of 2022.It is not even this exact price point, but the zone with rare wicks appearing after sudden pumps may put XRP as high as 0.00004239 BTC. Everything above it is forbidden territory — at least since the spring of 2019, almost six years ago, when XRP was last estimated at at least 0.00007 BTC.If the latest wave of growth materializes into something bigger, then we may see XRP setting a new local high or even an all-time high against Bitcoin.However, disappointment will be enormous if, this time, the popular altcoin finds its rest against the leading cryptocurrency there, making any projection of it aiming higher for once in six years invalid.Interestingly, estimations of XRP reaching as high as $4.20 were first called by U.Today in last August, when the asset just started hinting at a breakout. This was named as a prime final target if the breakout is validated. Now, we get another confirmation for such a prognosis, but this time from XRP’s performance against Bitcoin.This article was originally published on U.Today More

Sonic Labs announced the launch of its points program today, an innovative incentive framework designed to reward users and stimulate the growth of DeFi on Sonic.Through a multi-layered approach that combines passive asset holding, active liquidity deployment, and developer-focused “Sonic Gems”, the program will distribute around 200 million S tokens as part of the S airdrop.This initiative positions Sonic as the premier hub for DeFi enthusiasts and newcomers, offering an ecosystem where users can enhance the utility and opportunities of their assets.Three Types of PointsThe Sonic Points program offers users multiple opportunities to accumulate points:1. Passive PointsHolding whitelisted assets in a Web3 wallet, such as Rabby or MetaMask, or a hardware wallet allows users to accumulate passive points, while assets stored on centralized exchanges are excluded.2. Activity PointsIf users choose to deploy whitelisted assets as liquidity on participating apps, such as DEXs, lending protocols, or other apps, they can gain activity points in addition to their passive points. This approach incentivizes users who actively contribute to the network’s liquidity.3. App Points (Sonic Gems)In addition to the user-focused portion of the airdrop, Sonic Labs has designed a developer-focused portion where participating apps compete for an allocation known as Sonic Gems. Apps can redeem these Gems for S tokens, which they may distribute to their users as rewards through independent points programs.By controlling token distribution, apps can design tailored points programs by incorporating weighting factors based on the total liquidity a user provides or the duration that capital is deployed. The competitive aspect of Sonic Gems allows users to strategically choose apps that demonstrate strong Gems earning potential and offer well-structured points programs, optimizing opportunities for capital growth within the ecosystem.Whitelisted AssetsTo get points, users must select from Sonic’s initial list of whitelisted assets, which ranges from scUSD, USDC.e, and scETH, to other select tokens. Notably, the assets have boosted multipliers in the initial phases of the points program to foster rapid adoption.Additional assets may be whitelisted in the future, ensuring the continued evolution of the ecosystem.Rings: Infusing Apps on Sonic With LiquidityAn important element in Sonic’s liquidity strategy is Rings, a yield-bearing stablecoin protocol. By depositing stablecoins or ETH-based tokens, users can mint scUSD or scETH (both whitelisted assets).While these tokens are deployed on Sonic, the collateral used to mint them is sent to vaults on Ethereum operated by Veda, where they generate yield. The yield generated is periodically converted into scUSD and bridged back to Sonic, where it’s dispersed among DeFi apps as liquidity infusions.This cyclical flow not only amplifies earning potential for users but also supplies DeFi apps on Sonic with a stable inflow of liquidity, which ensures deep liquidity pools, more robust lending markets, and a healthier DeFi landscape overall.Rings is a third-party project and not affiliated with Sonic Labs. Users can learn more about Rings here.Airdrop Dashboard: All-in-One HubThe Sonic points dashboard is a comprehensive platform on which users can:The Sonic Points program underscores Sonic Labs’s commitment to empowering users and developers with a dynamic range of opportunities. Through passive holding, active liquidity provision, and Sonic Gems, participants can access innovative reward mechanisms while helping to drive deeper liquidity and broader DeFi adoption on the platform.Overall, Sonic’s multi-layered incentive system and high-performance infrastructure set a new standard and position the chain as a premier DeFi hub.About SonicSonic is a high-performance, EVM L1 platform that offers developers attractive incentives and powerful infrastructure for DeFi. The chain provides 10,000 TPS, sub-second confirmation times, and a secure gateway to Ethereum for enhanced liquidity and asset security.ContactSonic Labspress@soniclabs.comThis article was originally published on Chainwire More

The purchase was made on Monday, with the bank acquiring 11 Bitcoin, according to Niccolò Bardoscia, the head of digital asset trading and investments at the bank. Bardoscia revealed the information in an internal email, which later surfaced on the online forum 4chan. An Intesa spokesperson declined to comment on the matter.In November, Bloomberg had reported that Intesa’s crypto desk had received the necessary internal approvals and had set up the technical systems needed to conduct spot crypto purchases. In 2023, the bank had established a proprietary crypto trading desk within its corporate and investment banking division. Before this purchase, the bank’s crypto activities were limited to trading crypto options, futures, and exchange-traded funds.This development comes as other leading financial firms are also expanding their crypto operations. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. More