Cryptocurrency

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As of this writing, Bitcoin is trading at $94,238.21, up by 1.52% in the last 24 hours. Despite its trading volume surging by 34.12% to $54.58 billion, investors’ confidence has not impacted the price.This slump in Bitcoin’s price has set MicroStrategy back by over $65 million from its last purchase alone. At BTC’s current rate of $94,238, MicroStrategy has suffered a loss of $65,375,088.This is significant given that MicroStrategy is always ahead, with huge profit margins in previous purchases. As this stands, unless Bitcoin rebounds quickly enough, MicroStrategy could have a lot of loss to deal with.Therefore, for MicroStrategy to meet its obligations to investors who bought these convertible notes, the price of Bitcoin must stay up. Primarily, a slump in price could trigger panic, causing its shares and MSTR to plunge as well. This development could negatively affect MicroStrategy’s capital base.Additionally, as the largest corporate holder of Bitcoin, which has about 2.2% of the total supply, MicroStrategy’s actions could tremendously impact the asset’s price outlook.Analysts insist that given the pending change of administration in the U.S. by Jan. 20, 2025, bullish sentiment could support Bitcoin on its price recovery path. How this unfolds, only time will tell.This article was originally published on U.Today More

Bitcoin has been on a tear in 2024, up 145% year to date and reaching a record high of $108,268 on Dec. 17. Other cryptocurrencies, such as Solana, BNB and PEPE, followed suit, reaching fresh all-time highs.As Bitcoin and many other cryptocurrencies rose to new all-time highs, demand for Tether’s USDT stablecoin — pegged to the dollar — has skyrocketed. The token’s market valuation increased by about $50 billion this year, reaching more than $140 billion.In a historic milestone, MicroStrategy has become the first Bitcoin holding company to enter the Nasdaq-100. The Bitcoin treasury company intends to raise $42 billion in capital over the next three years through at-the-market stock sales and convertible debt issues to buy more Bitcoin.According to a recent market prediction published by CoinGecko, Bitcoin’s growth trajectory appears promising given 2024’s momentum and the anticipated key events of 2025. An optimistic projection sees Bitcoin skyrocketing 154% in value, and in this scenario, Bitcoin might reach a price of $250,000.Other Bitcoin projections for 2025 include Fundstrat’s Tom Lee, who is very positive about Bitcoin for next year. According to Lee, Bitcoin might increase in 2025 to reach $250,000. Bitcoin has two tailwinds heading into the new year, one of which is the cryptocurrency’s halving price cycle, which is often bullish for the price of Bitcoin in the year after a halving event.Bitwise, a Bitcoin ETF producer, shares the same upbeat outlook, predicting that 2025 may herald the start of crypto’s golden period, given the historic year of 2024. One of the ten forecasts made was that Bitcoin may trade above $200,000.This article was originally published on U.Today More

The analyst pointed out that unlike Bitcoin, the S&P 500 index has not seen any major drawdown in the fourth quarter this year, while BTC is trading roughly 3x the volatility of beta. Still, McGlone added, S&P 500’s remarkable strength that is being shown so far will not necessarily hold next year, according to the tweet: “That the S&P 500 hasn’t had a 10% drawdown since 4Q23 is unlikely to be sustained in 2025.”As for the current big Bitcoin drawdown, aside from the volatility, McGlone called the main reason for that to be “Just a bit of normal reversion.” Today, Bitcoin has declined by 2.45%, falling from $96,275 to $93,660. During the last week, the world’s flagship cryptocurrency has shed approximately 14% as it collapsed from above $108,300 to the above-mentioned price level where it is changing hands at the moment.He stated that the global crash of economies and financial markets, which he predicted multiple times earlier, has started and what lies ahead might be another Great Depression. He advised that his readers on the X platform should be smarter with their money and hold on to their jobs and sources of income.However, he pointed out that regardless of which path any economy in the world (but particularly the US one) takes, “gold, silver, and Bitcoin hold their value.” Kiyosaki also reminded the community his favorite thesis about making a fortune and opportunities during market crises: “For many people crashes are the best times to get rich.”This article was originally published on U.Today More

Despite impressive returns of 47.4% since the beginning of the quarter and 73.7% since the beginning of the year, skepticism about the company’s strategy is growing.It is believed that to sustain its purchases, MicroStrategy raises capital through methods such as issuing convertible and corporate bonds, securing credit lines and selling shares. This cycle appears to operate as follows: shares are sold to acquire the cryptocurrency, and the rising price per BTC increases asset value, enabling further loans, which are then reinvested in more Bitcoin purchases. Some observers warn that a significant decline in Bitcoin’s price or MicroStrategy’s stock could trigger a cascade effect. A sharp fall in MSTR shares would weaken the collateral backing its loans, potentially leading to forced asset sales, including BTC.This scenario could exert downward pressure on the broader cryptocurrency market, as the company holds 2.2% of the global Bitcoin supply now.Thus, while some view Michael Saylor’s approach as a bold bid to cement the cryptocurrency’s role in the financial system, others see it as unsustainable. History offers a cautionary note: in 2000, MSTR shares surged to $333 before plummeting 99%, a collapse that took 24 years to recover from.This article was originally published on U.Today More

Winna.com, a crypto-focused casino gaming platform launched in the summer of 2024, has successfully raised $15 million in a seed funding round, as first reported by Crunchbase.The investment will support Winna.com in enhancing its product offerings and accelerating its growth. The platform already boasts a thriving community of over 10,000 active players, signaling strong early traction in the competitive online gambling space.Transforming Online Gambling Through CryptoIn addition to its original crypto games, Winna.com offers over 4,000 slots, live casino games, and game shows from leading providers such as Pragmatic Play, Hacksaw Gaming, Evolution, and more. The platform also operates a crypto-first sportsbook, featuring live coverage of over 10,000 events across 100+ tournaments, including major leagues like the NFL, NBA, UFC, MLB, and the Premier League.Building Trust and Speed in Online GamblingVIP Excellence and Industry-Leading RewardsWinna.com’s team includes four VIP hosts with extensive experience in physical gaming establishments like MGM in Las Vegas.Winna.com is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. About Winna.comLaunched in the summer of 2024, Winna.com is a cutting-edge crypto casino and sportsbook with offices in Costa Rica and Switzerland. Backed by a team of seasoned professionals from the traditional iGaming and crypto industries, Winna.com offers provably fair crypto games, thousands of slots and live casino options, and a crypto-first sportsbook. Focused on trust, fast payouts, and exceptional VIP experiences, Winna.com is redefining the online gaming experience for crypto enthusiasts worldwide.ContactPaul MertensWinnapaul@winna.comThis article was originally published on Chainwire More

Dawgz AI, a blockchain-based project offering a unique AI-powered meme coin, has raised over $500 thousand of its initial $960 thousand presale goal. This milestone demonstrates investors’ confidence and Dawgz AI’s growing presence and influence in the meme coin industry. Built on the Ethereum blockchain, Dawgz AI combines innovative technology with an engaged community, positioning it as a unique entrant in the meme coin market.Dawgz AI and Its AI-Powered ApproachDawgz AI aims to be more than just a meme coin. It represents the combination of blockchain technology and AI-powered trading algorithms. Dawgz AI’s primary goal is to offer opportunities for users to gain rewards for investors through its Blackbox AI technology. This technology allows its participants to benefit from AI-driven returns without the need for active or even passive trading. Moreover, the Dawgz AI team aims to reduce risk and enhance profit potential, making it a compelling option for crypto enthusiasts and investors.Tokenomics and Key Fundraising MilestonesDawgz AI’s tokenomics reflects a strategy focused on both growth and community engagement. The current token price is $0.00211, a scheduled increase to $0.00231 is coming in a few days. Early investors have already contributed over $500 thousand toward the project’s presale goal. With a total token supply of 8,888,888,888 $DAGZ, Dawgz AI demonstrates growth potential. The presale allocation of 30% and staking rewards of up to 1700% may appeal to those looking to invest at the early stage.Dawgz AI Gains VisibilityDawgz AI has received attention in the crypto community. Discussions on platforms like Reddit, social media, and crypto forums have increased the Dawgz AI’s visibility, while mentions in Google (NASDAQ:GOOGL) News and coverage by major crypto media outlets reflect growing market interest. The project has raised $500,000 to date, with continued interest as it highlights its unique value proposition.Audit and Security Measures for Investor ConfidenceSecurity and transparency are essential factors in today’s crypto landscape. Dawgz AI has taken proactive steps to ensure both. The project’s smart contracts have been audited by SolidProof, a reputable blockchain auditing firm, providing investors with confidence in the integrity and security of the platform.Opportunities for Early InvestorsWith the presale price set to increase in the coming days, early adopters stand to benefit from future growth. The combination of a unique value proposition, a strong AI-driven foundation, and a growing community makes Dawgz AI a noteworthy entrant in the meme coin space.About Dawgz AIDawgz AI is an innovative cryptocurrency project built on the Ethereum blockchain, leveraging AI-powered algorithms to create a unique meme coin that offers both community engagement and opportunities to get rewards. The project aims to combine the fun and culture of meme coins with the sophistication of advanced AI technologies to provide long-term value for investors and participants.Official Website: https://dawgz.aiSocial Media:This article was originally published on Chainwire More

AdEx, the leading blockchain-based ad-tech platform, unveils AdEx AURA, a cutting-edge AI-powered onchain activity analyzer designed to enhance Web3 experiences. By analyzing publicly available data from Ethereum and Layer 2 blockchains, AURA delivers personalized insights that benefit users and business developers alike.AdEx AURA leverages advanced AI models to process user blockchain activity, such as transaction patterns or app usage and suggests relevant actions or services. For example, AURA can identify if a user frequently trades on decentralized exchanges (DEXs) or recently bridged funds to a specific blockchain and recommend tailored actions on that chain, creating a seamless and intuitive user experience.Unlike traditional models, AURA operates as more than a targeting tool—it acts as an AI agent, aligning user and ecosystem interests. Its incentive model shifts focus toward creating a fair attention economy by rewarding relevant, value-driven suggestions.AdEx AURA redefines how Web3 platforms interact with users by embedding personalized recommendations directly into wallets, apps, and blockchain explorers. For example, wallets can use AURA to dynamically organize app catalogs, prioritizing user-relevant options and paid placements that add value. On swap and bridge pages, AURA enables context-aware suggestions tailored to users’ transaction history, while blockchain explorers can leverage transaction patterns to suggest meaningful next steps. This approach creates a seamless user experience, helping marketers and business developers engage with their audiences more effectively while fostering a fair attention economy.The native ADX token plays a key role in AURA’s ecosystem. Marketers and business developers can stake ADX to prioritize their recommendations or expedite placement approvals, contributing to a safer, scam-resistant environment. This approach reinforces ADX’s utility while fostering trust and transparency.About AdEx:AdEx was founded in 2017 with the vision to revolutionize digital advertising by leveraging blockchain technology. The AdEx decentralized ad exchange was launched in 2019 with the aim to solve several industry challenges, including ad fraud, transparency in reporting, and privacy concerns by utilizing smart contracts to ensure fair payments and efficient campaign management. AdEx reportedly surpassed 1 billion ad impressions, making it the biggest micropayments network. Over the years, AdEx has grown into a thriving ecosystem, expanding its product portfolio with innovative technologies like AdEx AURA, aimed at supporting the growth of the Web3 space.Website | X | Telegram | Reddit | Discord | Facebook (NASDAQ:META)ContactHead of Communications at AdExIvan Manchevivan@adex.networkThis article was originally published on Chainwire More