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alexander66

@alexander66

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taylorrose0047
@taylorrose0047
Since November, ETH has outperformed BTC in crypto spot and derivatives markets, according to a December report by Bybit, a crypto exchange. Meanwhile, BTC ETFs saw the biggest net outflows ever on Dec. 19.
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avaevans084
@avaevans084
Sustained growth in network activity, including from the proliferation of artificial intelligence agents, could further propel Ether’s performance, which has lagged behind rival layer-1 network Solana in 2024, Matt Hougan, Bitwise’s head of research, told Cointelegraph.
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smithapple701
@smithapple701
Ethereum and Base, an Ethereum layer-2 scaling network, are “where many AI agents are currently operating,” Hougan told Cointelegraph in a Dec. 19 interview.
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anthony5evans00
@anthony5evans00
Asset manager VanEck estimates Ether’s spot price will reach $6,000 by the fourth quarter of 2025.
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miadavis0339
@miadavis0339
Today in crypto, phishing attacks were the most costly attack vector for the crypto industry in 2024, according to a new report from CertiK, BlackRock’s iShares Bitcoin Trust (IBIT) has clocked its largest one-day outflow since its launch in 2024, and Do Kwon has pleaded not guilty to a slew of charges in the United States.
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wilsonorange55
@wilsonorange55
Blockchain security firm CertiK has issued a warning to crypto investors about the rising threat of phishing scams, which emerged as the most significant security threat of 2024.
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amelia0brown9937
@amelia0brown9937
Crypto phishing attacks involve hackers sharing fraudulent links with victims to steal sensitive information, such as crypto wallet private keys.
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sophia87bo9
@sophia87bo9
Phishing attacks were the most costly attack vector for the crypto industry in 2024, netting attackers over $1 billion worth of stolen digital assets across 296 incidents, according to CertiK’s annual Web3 security report published on Jan. 2.
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adam98994mi
@adam98994mi
“Phishing was the most costly attack vector last year,” a CertiK spokesperson told Cointelegraph. “Our figures are conservative, the actual figure is higher when you consider unreported incidents and other types of phishing scams like pig butchering.”
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alexander66
@alexander66
Out of the 296 phishing incidents in 2024, at least three resulted in losses exceeding $100 million, highlighting the scale of damage possible.
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alexander66
@alexander66
Out of the 296 phishing incidents in 2024, at least three resulted in losses exceeding $100 million, highlighting the scale of damage possible.
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taylorrose0047
@taylorrose0047
Jack Mallers, founder and CEO of Strike, believes Trump has the “potential to use a day-one executive order to purchase Bitcoin” although he cautioned that it would not equate to a 1 million Bitcoin purchase.
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avaevans084
@avaevans084
So far, Trump’s team has not directly confirmed the claims about an executive order, but Trump was asked on CNBC if the US would create a BTC Reserve similar to its oil reserve (which could mean legislation) and he answered, “Yes, I think so.”
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smithapple701
@smithapple701
An executive order, however, would lack stability, as subsequent presidents often reverse such orders. The only way to ensure the long term future of a strategic Bitcoin reserve would be with legislation with majority support.
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anthony5evans00
@anthony5evans00
Earlier this month, Alex Krüger, economist and founder of macro digital assets advisory firm Asgard Markets, said the election result made him believe that “Bitcoin is highly likely in a supercycle.”
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miadavis0339
@miadavis0339
Trump’s actions to date certainly suggest a favorable administration going ahead. He’s nominated pro-crypto and pro-deregulation Paul Atkins as chairman of the Securities and Exchange Commison after Gary Gensler stepped down.
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wilsonorange55
@wilsonorange55
He’s also nominated pro-crypto Scott Bessent as Treasury Secretary and designated former PayPal Chief Operating Officer David Sacks as AI and crypto czar, tasked with developing a clear legal framework for the crypto industry.
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amelia0brown9937
@amelia0brown9937
During the 2013-2014 bull run, the supercycle theory was supported by the theory that Bitcoin would gain international interest as an alternative asset to fiat currencies.
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sophia87bo9
@sophia87bo9
However, in each cycle, the supercycle narrative was not fulfilled ending in a price crash that wiped out proponents as it entered a prolonged bear market.
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adam98994mi
@adam98994mi
Su Zhu, co-founder of Three Arrows Capital, was the most notable proponent of the Supercycle Thesis from 2021, arguing that crypto markets would remain in a bull market without a sustained bear market, with Bitcoin eventually peaking at $5 million.
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