Tag: Crypto

Crypto VC funding: BIO Protocol begins 2025 with public sale

The first week of 2025 saw BIO Protocol raise $64.41 million through a public sale, leading the DeFi sector funding. The week brought total disclosed investments to $88 million. However, according to Crypto Funding data, several key projects kept their raised amounts private, marking a steady start to the new year. The funding activities centered on financial infrastructure and analytics platforms, with projects across early and growth stages securing capital. Let’s dive deeper into the key investments of the first week of 2025. BIO Protocol, $64.41 million Raised $64.41 million…

XRP dethrones USDT, now ranked third largest crypto

XRP has reclaimed its spot as the third-largest cryptocurrency by market cap and trails just Bitcoin and Ethereum. According to data from crypto.news, XRP’s market cap is nearing the $140 billion threshold. The token is already $2 billion more valuable than stablecoin issuer Tether which has a market cap of around $137 billion. XRP has gained nearly 15% over the past seven days and is up nearly 350% over the past year. Price chart for XRP in the past few months | Source: crypto.news Ripple’s recent rally has been ongoing…

Becomes 3rd Largest Crypto With $139 Billion Market Cap

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Este artículo también está disponible en español. As the market enters 2025, XRP, the cryptocurrency that has garnered global investor interest in recent months, has begun the year exceptionally well. The asset has experienced an impressive 11% surge, propelling its value to approximately $2.42, a level it had not seen since late 2024’s price correction.  Analysts Predict XRP Could Reach $5.85 As Market Confidence Grows This resurgence has positioned XRP as the third-largest cryptocurrency in the market, with a market capitalization of around $139 billion, according to CoinGecko data. Notably, it has surpassed the market cap of Tether (USDT), which stands at $137 billion. The recent rally in XRP’s price can…

5th Largest Bank in Turkey to Launch Crypto Trading Service

Garanti BBVA Kripto will allow Garanti BBVA customers to buy and sell cryptocurrencies legally in Turkey. European Banks Expanding Services to Include Crypto Turkey’s fifth largest bank, Garanti BBVA is set to launch its crypto trading services for retail users via its crypto custody platform, Garanti BBVA Kripto. Owned by Spanish banking giant, Banco Bilbao […] Source CryptoX Portal

Crypto insider predicts Polkadot at $20, Ethereum at $6K, and Catzilla up 12,000% next year

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Crypto expert predicts Polkadot will reach $20, Ethereum $6K, and Catzilla with a 12,000% surge in 2025, exciting investors. A leading expert in the crypto industry has shared striking predictions for the next year. Key cryptocurrencies like Polkadot and Ethereum are expected to see substantial growth. Additionally, a new player called Catzilla might experience an unprecedented surge. These projections hint at exciting times ahead in the digital currency market,…

Analyst warns of a multi-year crypto bear market

Jacob King, an analyst with WhaleWire, has issued a warning about Bitcoin’s trajectory and the broader crypto market. In a post on X, King highlighted key developments that he believes could trigger a prolonged bear market. King pointed to MicroStrategy’s decreasing Bitcoin (BTC) purchases, El Salvador’s apparent shift away from its Bitcoin-focused policies, and BlackRock’s sizable sales of BTC holdings as critical warning signs for investors. In the past, King has frequently labeled MicroStrategy’s Bitcoin-focused business model a “giant scam,” arguing that it is unsustainable and destined for collapse. MicroStrategy’s…

IRS Crypto Tax Reporting Requirements Stir up Mass Confusion

Some in the crypto community assumed the IRS was backpedaling on reporting requirements, but all requirements are still firmly in place, the agency simply announced a grace period for exchanges to upgrade their technology. IRS Grants Crypto Exchanges More Time to Implement Platform Upgrades Confusion ran rampant on Thursday after several publications posted ambiguous headlines […] Source BitcoincryptoexchangeExchanges CryptoX Portal

This crypto could make up for missing early Bitcoin, Ethereum, and Solana

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rexas Finance could be the next big crypto opportunity for those who missed out on early Bitcoin, Ethereum, and Solana. The crypto market has a history of presenting life-changing opportunities. Bitcoin in 2011, Ethereum in 2015, and Solana in 2021 are standout examples of how early investments in innovative projects have delivered immense returns.  Missing those waves might feel like a lost chance, but Rexas Finance (RXS) is emerging…