Bithumb, one of South Korea’s leading cryptocurrency exchanges, has transformed its now-defunct subsidiary, Bithumb Meta, into Bithumb Partners. As reported by BizWatch today, the rebranding is interpreted as a major strategic change. Apart from the name, the focus has changed to investment operations, forming a new entity within Bithumb. In the fourth quarter of 2024, Bithumb rebranded and injected another 1 billion KRW or 6,80,099 USD, bringing the total capital for the subsidiary under 100% ownership of Bithumb to around 2 million dollars. In 2023, previous investors in Bithumb Meta-such…
Day: January 6, 2025
6 Best Crypto Presales for the First Quarter of 2025
The last quarter of 2024 had no shortage of meme coins that went into presale and then went viral. Presales are quite long, which means that the first quarter of 2025 is full of opportunities to invest in these meme coins being their launch. A presale is the best time to invest in a token because that’s when the prices are lowest. However, you’re likely to benefit from crypto fanatics like us, who can point you towards the best meme coins. In this article, we’ve compiled a list of the…
Can Momentum Fuel Bigger Gains?
Este artículo también está disponible en español. Ethereum price started a fresh recovery wave above the $3,550 zone. ETH is consolidating and aims for a fresh increase above the $3,700 resistance. Ethereum started a decent recovery wave above the $3,550 zone. The price is trading above $3,620 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,620 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if it clears the $3,700 resistance level. Ethereum Price…
Is This the Start of a Bigger Rally?
Bitcoin price is recovering losses above the $98,000 zone. BTC is gaining pace and might continue higher if it clears the $100,000 resistance zone. Bitcoin started a fresh recovery above the $97,500 zone. The price is trading above $97,800 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $97,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $97,500 support zone. Bitcoin Price Recovers Further Bitcoin price…
Echoes of Bitcoin’s Genesis: Reflecting on 2024’s Rare 2009 Wallet Movements
2024 was an extraordinary year for bitcoin, marked by an event of historical significance: the movement of five block rewards from 2009, which had remained untouched since they were mined. Last Year’s Genesis Echo On Sept. 20, 2024, between block heights 862,079 and 862,087, five ancient coinbase rewards, collectively worth 250 BTC, were spent. Bitcoin […] Original
From Memes to Machines: Dino Coins Like BTG and Newcomer Freysa AI Dominate 2025’s Opening Week
As the first week of January 2025 nears the end, the cryptocurrency market boasts a valuation of $3.49 trillion, with numerous digital assets experiencing considerable appreciation since the year’s commencement. The most notable riser, with an increase of 147%, is freysa ai (FAI), a blockchain-based gaming token that melds artificial intelligence (AI), financial mechanisms, and […] Source CryptoX Portal
Bitwise CEO predicts Trump administration to boost crypto mergers
Hunter Horsley links corporate power consolidation to crypto demand. The CEO of Bitwise Asset Management, Hunter Horsley, has suggested that the economic policies of the Trump administration could have a major impact on the cryptocurrency sector. In a recent tweet, Horsley noted that the potential deregulation of mergers and acquisitions could allow major companies like Google or Amazon to expand even further through strategic acquisitions. M&As refer to the consolidation of companies, either through the merging of businesses or the purchase of one company by another. This process often helps…
Lido’s Stronghold Slips: 160,000 ETH Exits as Binance’s Liquid Staking Platform Gains Traction
In October 2024, the volume of ethereum locked into liquid staking platforms surpassed the 14 million ether threshold. However, as of 2025, the total ETH held in these protocols has fallen below the levels recorded at the end of November. As of Sunday, Jan. 5, 2025, approximately 13.78 million ether remains tied up in liquid […] Source CryptoX Portal