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Philip

@philipstrade

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Philip
@philipstrade
Vitalik Buterin defends EF as it continues to dump more ETH in 2025 Ethereum co-founder, Vitalik Buterin, defends the Ethereum Foundation’s decision to dump ETH instead of staking or withdrawing from itself. According to data from Spot On Chain, the Ethereum Foundation made its first Ethereum Ethereum eth 1.02% Ethereum sale in the new year on Jan. 8, 2025, dumping 100 ETH and gaining 329,463 DAI Dai dai -0.01% Dai tokens in return. On-chain data reveals that throughout 2024, EF has sold a total of 4,466 ETH for $12.61 million at an average value of $2,823. These sales are claimed to often occur right before sharp price drops. Traders on X were quick to put EF on blast for continuously dumping ETH instead of staking from their own protocol. https://crypto.news/vitalik-buterin-defends-ef-as-it-continues-to-dump-more-eth-in-2025/
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Philip
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Trump’s Move Sends Altcoin Volumes Shifting Towards TRUMP Coin The volatility in cryptocurrencies continues as Monday’s excitement led to increased trading volumes. However, Trump’s move caused a shift in altcoin volumes towards the newly introduced TRUMP Coin. This redirection has resulted in a decline in many cryptocurrencies, concentrating buyer interest on a single asset. What remains uncertain since March 2021? What will be the price of SOL Coin? https://en.coin-turk.com/trumps-move-sends-altcoin-volumes-shifting-towards-trump-coin/
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Philip
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Will Switzerland Adopt Bitcoin Reserve? National Vote To Decide Switzerland is gearing up to adopt the Bitcoin reserve amidst growing cryptocurrency acceptance fueled by Donald Trump’s progressive policies. Cryptocurrency advocates nationwide propose considering BTC as a reserve asset along with the dollar, euro, and gold. This initiative tends to provide Bitcoin legal recognition in the European country. As per a recent report, the campaigners have begun collecting 100,000 signatures, triggering a national vote on Bitcoin adoption. This move could potentially pressure the Swiss National Bank (SNB) to reconsider its pessimistic approach to the flagship cryptocurrency. https://coingape.com/will-switzerland-adopt-bitcoin-reserve-national-vote-to-decide/
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Philip
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Solana Governance Proposal Seeks to Transform $SOL into ‘Ultra-Sound Money’ A new Solana governance proposal could transform $SOL into a deflationary asset. Submitted by Multicoin Capital Executives, SIMD-0228 aims to implement a new programmatic $SOL emission schedule, optimizing blockchain economics and reducing token inflation. Multicoin’s proposal aims to take advantage of validators’ diminishing reliance on staking emissions. Factoring in the network’s burn rate, SIMD-0228 could help $SOL’s transition into a deflationary asset. What is SIMD-0228, and will it help Solana steal Ethereum’s ‘Ultra-Sound’ Money title? https://solanafloor.com/news/solana-governance-proposal-seeks-transform-sol-ultra-sound-money
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Philip
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Bitcoin Fever Reaches Corporate Argentina: These Unicorns Already Hold BTC While the trend of corporations warming up to holding bitcoin as a reserve asset is starting to grow in the U.S., three unicorns in Argentina already hold bitcoin in their portfolios. Argentina Embraces Bitcoin in Corporations: Mercado Libre, Globant, and Bitfarms Already Hold BTC While the idea of holding bitcoin as part of cooperative reserves is relatively new in the U.S. and the world, large companies in Argentina are pioneering this move, already holding BTC in their portfolios. The so-called “bitcoin standard” pushed by Michael Saylor, using Microstrategy as its corporate driver, is becoming popular. Companies like Semler Scientific, Genius Group, Metaplanet, and KULR are diversifying their reserves using BTC. https://news.bitcoin.com/bitcoin-fever-reaches-corporate-argentina-these-unicorns-already-hold-btc/
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US, Japan, And South Korea Warn The Crypto Industry About Rising North Korean Threats The United States, Japan, and South Korea have joined together to warn the industry about the ongoing hacking threats by North Korean actors after observing “aggressive” targeting of the crypto industry. Related Reading: US Supreme Court Rejects Binance’s Appeal In Revived Crypto Investors Lawsuit US, Japan, South Korea Send Warning In a joint statement, the US, Japanese, and South Korean governments warned the blockchain technology industry about the Democratic People’s Republic of Korea (DPRK) cyber attackers’ targeting and compromise of different entities worldwide. According to the statement, the advanced persistent threats from groups linked to North Korea, including the Lazarus Group, continue to demonstrate “a pattern of malicious behavior in cyberspace... https://bitcoinist.com/us-japan-and-south-korea-warn-the-crypto-industry-about-rising-north-korean-threats/
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Hundreds Of Companies Will Buy Bitcoin Over The Next 12-18 Months: Fund CIO In a newly released memo dated January 13, 2025, Matt Hougan, Chief Investment Officer (CIO) at Bitwise, argues that the phenomenon of corporations purchasing Bitcoin for their treasuries is far more widespread and influential than most investors realize. According to Hougan, “We’ll see hundreds of companies buy Bitcoin for their treasuries over the next 12-18 months, and their purchases will lift the entire Bitcoin market substantially higher.” Hougan’s memo, titled “Companies Buying Bitcoin: An Overlooked Megatrend,” asserts that while MicroStrategy and its outspoken founder, Michael Saylor, often dominate headlines, they are merely the most visible part of a rapidly expanding corporate movement into BTC. https://bitcoinist.com/hundreds-companies-buy-bitcoin-next-12-18-months/
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Philip
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Bitcoin Price Analysis: BTC Risks Dropping to $80K If This Support Fails The Daily Chart On the daily timeframe, the asset has been rejected from the $100K resistance level twice in the last couple of months. This failure to continue higher has led to a drop toward the $92K support zone, which is now getting broken to the downside. If this level is lost, a decline toward the $85K area and even a deeper correction toward the $80K zone could be expected. https://cryptopotato.com/bitcoin-price-analysis-btc-risks-dropping-to-80k-if-this-support-fails/
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Philip
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ChatGPT voorspelt: top 3 beste crypto’s om te kopen voor de 2025 bull run Het jaar 2025 begon optimistisch voor de cryptomarkt, een week na de jaarwisseling handelde Bitcoin bijvoorbeeld weer boven de $100.000. Op dit moment zijn investeerders echter terughoudend, maar volgens analisten is dit tijdelijk. Volgens hen kunnen we dit jaar een flinke bull run tegemoet gaan. Wij hebben ChatGPT gevraagd naar de top 3 beste crypto’s om tijdens de bull run in bezit te hebben. https://bitcoinist.com/chatgpt-voorspelt-top-3-beste-cryptos-om-te-kopen-voor-de-2025-bull-run/
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Philip
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Crypto Weak, Silk Road BTC Approved for Sale, Market top worries BTC continues to fall, many altcoins down 10%+. US approved to sell $6.5bn Silk road BTC. BTC ETFs see second biggest outflow ever. 75% chance of market top: Ansem. Kraken, a16z execs in running for CFTC chair. Oklahoma senator introduces BTC Freedom Act. Outgoing CFTC chair still pushing crypto regulation. XRP CEO Garlinghouse meets Trump. XRP’s RLUSD to list on more exchanges soon. SOL pushes validators to test Firedancer upgrade. Do Kwon’s trial set for Jan 2026. ETH foundation sells 100 ETH. FTX bankruptcy managers accused of misspending. FTX bankruptcy estate disputes sale of FTX EU. Thailand to pilot crypto payments in Phuket. https://decrypt.co/videos/interviews/iaDpyQXg/crypto-weak-silk-road-btc-approved-for-sale-market-top-worries
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Philip
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The Bitcoin Students Network Launch Layer Zero To Empower Global Youth Today, the Bitcoin Students Network launches its "Layer Zero" program, which aims to empower youths globally to collaboratively and creatively build and strengthen Bitcoin's 'social layer' and contribute to actualizing its potential as a financial freedom tool and revolutionary technology through a cultivated strong shared sense of community. The Bitcoin Students Network (BSN) aims to coordinate and advance Bitcoin education efforts globally to youth by supporting student-led clubs and providing resources and assistance to help grow the clubs. Since the Bitcoin Students Network announcement by Co-founders Ella Hough and Arsh Molu early last year at the Bitcoin Atlantis conference, their network now has over 70 universities and groups across 25 https://www.forbes.com/sites/digital-assets/2025/01/09/the-bitcoin-students-network-launch-layer-zero-to-empower-global-youth/
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Philip
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Dogecoin (DOGE) Price Prediction For January 9 Let’s dive into what’s happening with Dogecoin (DOGE) right now. Currently, Dogecoin is trading at around $0.33, which is slightly down from where it was earlier. It had a bit of a range today, hitting a high of $0.35 and dipping as low as $0.32. So, it’s been moving, but not in a particularly dramatic way. If we zoom out and look at the bigger picture, Dogecoin has had a rough month, dropping about 28% in market capitalization. That’s a pretty big pullback, and you can feel the bearish sentiment in the air. Even social media chatter around Dogecoin seems to have quieted down, which often reflects a cooling off in hype-driven momentum. https://blockchainreporter.net/daily-prediction/dogecoin-doge-price-for-january-9/
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Philip
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South Korea Wants to Lift Its Ban on Institutional Crypto Trading: Report “We will work to align with global regulations in the virtual asset market,” said South Korea’s FSC Secretary-General Kwon Dae-young. South Korea is set to relax its restrictions on institutional crypto trading, making a major policy shift as the government looks to support the nation’s crypto sector. The country’s Financial Services Commission (FSC) plans to gradually grant institutions access to local crypto exchanges, starting with non-profit organizations, according to a translated Yonhap News Agency report. For years, banking guidelines have limited institutional trading, even though no official ban exists. Currently, only retail traders in South Korea, verified through real-name accounts, are allowed to participate in crypto trading. https://decrypt.co/299985/south-korea-lift-ban-institutional-crypto-trading
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Philip
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From Binance to SheFi, the frontier is feminine The growing influence of women in Web3, from leading crypto exchanges to creating inclusive communities, is reshaping the industry. Opinion by: Elena Sinelnikova, co-founder of Metis and CryptoChicks. Women lead top crypto exchanges. They also earn 15% more than men, according to Pantera Capital. We have come a long way indeed. Yet Web3 is nowhere near harnessing the feminine community’s potential and embracing its leadership — both at economic and cultural/psychological levels. Only about 13% of Web3 projects have female founders, and they receive merely 6% of the industry’s total funding. Web3 events — conferences, hackathons, afterparties — are primarily male-dominated. And then there are predators lurking around. https://cointelegraph.com/news/the-frontier-is-feminine
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Top 5 Fastest Growing Crypto Projects Under $5! Will These Crypto Gems Lead the Next Bull Run? Cryptocurrencies under $5 are a major topic for those wanting to broaden their portfolios without spending a lot. These projects are not just budget-friendly but also have the potential for great returns. Whether you are getting to know established names or new ones, there’s a broad range of possibilities in this price bracket. Among the fastest-growing crypto projects under $5 are those that stand out for community strength or have potential for wider use. Each project listed here offers something distinct, whether it’s changing industry norms, reshaping financial systems, or drawing in big audiences. https://www.crypto-news-flash.com/top-5-fastest-growing-crypto-projects-under-5-will-these-crypto-gems-lead-the-next-bull-run
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Mapping Fantom’s [FTM] short-term target of $1.47 and beyond Altcoin recently broke out of a descending channel, indicating the start of a potential upswing Large-volume traders are yet to enter the market, leaving retail investors to drive the price action In the last 24 hours, FTM’s price gained by 11.68% on the charts, marking a sharp recovery and positioning the asset to potentially erase its monthly losses of 30.87%. Further price gains could be fueled by greater interest from institutional “whale” investors and sustained buying momentum from retail traders. FTM’s build-up to $1.47 in progress At the time of writing, FTM had broken out of a descending triangle pattern on the 4-hour chart, marked by a shift towards higher prices after an extended period of consolidation within narrow zones. https://ambcrypto.com/mapping-fantoms-ftm-short-term-target-of-1-47-and-beyond/
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Philip
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Dogecoin Price Eyes $0.45 Breakout as Elon Musk Sparks $790M Inflows Dogecoin price opened trading at $0.38 on Saturday, January 4, up 25% since Elon Musk’s recent X profile updates stirred the global crypto community on December 31. With capital inflows outpacing price movements, can DOGE flip the $0.40 resistance? Dogecoin Emerges Top-gainer as Markets react to Elon Musk’s X profile update Dogecoin has outperformed all of the top 10 cryptocurrencies this week as the global crypto markets made a positive start to 2025. Notably, the memecoin sub-sector attracted significant investors’ interest amid the ongoing rally, a move linked to Elon Musk. https://coingape.com/markets/dogecoin-price-eyes-0-45-breakout-as-elon-musk-sparks-790m-inflows/
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Do Kwon, the South Korean entrepreneur behind the failed cryptocurrencies TerraUSD and Luna, is set to appear in a Manhattan federal court on Thursday, facing serious criminal fraud charges. This follows his recent extradition from Montenegro, where he had been detained for over a year after attempting to use falsified travel documents at the country’s Podgorica airport. Do Kwon Faces Criminal Charges In The US Kwon’s legal troubles stem from the catastrophic collapse of his digital currencies in 2022, which resulted in an estimated loss of $40 billion for investors. The SEC and the Manhattan US Attorney’s office allege that Kwon misled investors about the stability of TerraUSD, a stablecoin purported to maintain a value of $1. The failure of TerraUSD, along with its sister token Luna, triggered a broader downturn in the cryptocurrency market, impacting established digital assets like Bitcoin (BTC). https://bitcoinist.com/us-court-appearance-scheduled-for-do-kwon/
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Can Binance LUNC Burn Trigger Massive Terra Luna Classic Price Rally In 2025? Binance Terra Luna Classic (LUNC) burn approaches new milestone. With the latest 1.7 billion tokens burned in the 29th batch of its LUNC burn mechanism, the community hopes for a massive rally in LUNC price in 2025. With the latest Binance LUNC burn, the total tokens burned by the community reached 395 billion. Binance Burns 1.7 Billion Terra Luna Classic (LUNC) Tokens The Terra Luna Classic community saw 1.7 billion LUNC tokens burned by crypto exchange Binance, as per the burn transaction on January 1. In the 29th batch of the LUNC burn mechanism, the crypto exchange burned $233,156 in trading fees for the period between November 30 to December 30. The total LUNC burned by one of the top crypto exchanges has now reached nearly 68.39 billion LUNC tokens. https://coingape.com/can-binance-lunc-burn-trigger-massive-terra-luna-classic-price-rally-2025/
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China tightens crypto trade oversight with new forex rules The Chinese foreign exchange regulator introduced foreign exchange rules requiring the country’s banks to monitor and flag risky trades involving crypto assets. On Dec. 31, the South China Morning Post reported that mainland China’s new rules will make it more difficult for residents to buy digital assets. Under the rules, banks must monitor and report risky forex trading activities. This includes cross-border gambling, underground banks and illegal cross-border financial activities involving crypto assets. Chinese regulators also require banks to track the activities based on the identity of individuals and institutions involved, their sources of funds and the frequency of their trades. https://cointelegraph.com/news/china-banks-crypto-transaction-scrutiny
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