According to PANews, Pantera Capital highlighted in a blog post that stablecoins are a crucial force behind the widespread adoption of cryptocurrencies, despite the focus often being on the volatility, tokens, and liquidity of digital currencies. Since 2020, stablecoins have grown from representing just 3% of blockchain transactions to consistently accounting for over 50% of the transaction volume. Pantera Capital emphasized that stablecoins offer a compelling value proposition in the cryptocurrency space, inherently non-speculative in nature. By 2024, adjusted stablecoin transaction volumes are expected to surpass $5 trillion, involving nearly 200 million accounts, marking a significant milestone. Stablecoins are not limited to the decentralized finance (DeFi) ecosystem but are increasingly applied across various sectors. Over recent years, stablecoins have facilitated seamless cross-border payments by providing access to the US dollar, with the fastest growth observed in emerging markets where dollar demand is high. Pantera Capital further noted that stablecoins offer a tenfold value proposition over traditional payment channels, applicable to both B2C payments, such as remittances, and B2B cross-border transactions. Juniper Research forecasts that by 2024, cross-border B2B payments through traditional channels will reach approximately $40 trillion. In the consumer payment market, global remittance revenues amount to billions of dollars annually, and stablecoins are emerging as a new method for global cross-border remittances via crypto channels. As B2C and B2B payments rapidly adopt stablecoins, the supply and transaction volume of on-chain stablecoins are reaching historic highs.

According to Santiment’s latest social media update, a surge in stablecoin inflows to centralized exchanges (CEXs) paints a bullish picture of market trends.Data from Santiment’s CEX deposit dashboard reveals that whales have transferred significant stablecoins to trading platforms, with Binance receiving seven large deposits in the past 24 hours. These transfers include a $50 million deposit, accounting for 2.33% of the entire stablecoin supply, alongside six additional transactions exceeding $9 million each.Historically, a dominance of stablecoin deposits on trading platforms often signals whale accumulation, a trend that could drive market prices higher. While there is no immediate guarantee that these funds will be deployed, the data points to growing market optimism as 2024 nears its conclusion.

According to ShibDaily, Tether (USDT), the world's largest stablecoin, is facing a potential ban in Europe due to new Markets in Crypto-Assets (MiCA) regulations. These regulations, aimed at protecting investors and bringing order to the crypto market, could lead to Tether's removal from European exchanges by December 30, 2024. This development has created uncertainty in the markets, with investors seeking clarity on the situation. The MiCA framework was established to regulate the crypto industry, but Tether has reportedly missed key compliance deadlines. Financial Analyst and Value Investor Jacob Kinge highlighted the issue, noting that Tether has not minted new coins in over two weeks, causing concern in the crypto markets. He warned that Tether's non-compliance could lead to an official ban in Europe, impacting liquidity and increasing transaction costs on European exchanges. Joseph Hurtado, founder of Granata Consulting, expressed concerns about the potential consequences of a Tether ban, stating that Europe could lose its competitive edge in the tech sector, including crypto. The crypto community is divided on the issue, with some viewing the regulations as necessary for a more mature market, while others fear a market crash. Adding to the debate, Jason Calacanis, host of the All-In Podcast, questioned Tether's practices, pointing out that the company has not passed an audit by a major firm despite holding significant assets. Tether's independent assurance reports are conducted by BDO Italia, a reputable accounting organization. Meanwhile, Teddy Bitcoin suggested that the lack of new Tether minting is due to decreased market demand rather than regulatory pressure. Amid the ongoing uncertainty, Tether CEO Paolo Ardoino emphasized the company's commitment to developing real-world use cases for its products, including Bitcoin and USDT. He stated that Tether is working with partners to expand its network and reach. The situation remains fluid, and investors are advised to stay informed as the future of crypto in Europe hangs in the balance. This article is for informational purposes only and should not be considered financial advice. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making investment decisions.

تُظهر بيانات سوق GMGN أن القيمة السوقية لـ ELIZA قد تجاوزت 54 مليون دولار أمريكي، مع زيادة قصيرة المدى بأكثر من 20%، ويتم تداولها الآن عند 0.0542 دولارًا أمريكيًا. يذكر Odaily المستخدمين أن سعر عملات Meme يتقلب بشكل كبير، لذا يُنصح المستثمرون بتوخي الحذر عند المشاركة.

According to Odaily, the major U.S. stock indices opened with declines. The Dow Jones Industrial Average fell by 0.22%, the S&P 500 decreased by 0.31%, and the Nasdaq Composite dropped by 0.26%. Additionally, MicroStrategy's stock saw a decline of 2.81%.

According to Cointelegraph, the blockchain gaming industry is expected to face significant challenges by 2025. Tobin Kuo, CEO of Seraph, a blockchain gaming company, highlighted the need to sustain player engagement, adopt new technologies, and build sustainable in-game economies as critical hurdles for GameFi's viability. Kuo noted that over 60% of players disengage from Web3 games within 30 days, attributing this to a lack of long-term incentives and inadequate gameplay mechanics. He emphasized the importance of player-centric design, immersive storytelling, and skill-based rewards over trend-based attention models. Kuo also pointed out the necessity of integrating new technologies, such as generative AI, to enhance player experiences. He mentioned that GameFi projects not embracing emerging technologies often see a 30%-40% drop in player retention compared to those that do. A survey of Web3 gaming professionals identified the most significant negative impacts on the GameFi sector in 2024, with unstable in-game economies being a leading cause of project insolvency. Kuo suggested that sustainable token models, dynamic loot distribution, staking-based rewards, and player-controlled economies through decentralized autonomous organizations (DAOs) could become best practices for GameFi development. The Blockchain Game Alliance (BGA) released its 2024 State of the Industry Report, polling 623 Web3 gaming professionals. The report revealed that 53% of respondents identified poor user experience (UX) and complex user interfaces (UI) as major challenges in onboarding new players to Web3 games. An earlier BGA report indicated that 10% of users were deterred from Web3 gaming due to the complexities of setting up a crypto wallet. During a panel at the Blockchain Futurist Conference, Long Do, CEO of Anomaly Games, suggested that abstracting blockchain features to make them less visible to players could drive adoption. The BGA’s report also showed that 33% of respondents cited poor gameplay experiences as a top challenge in the industry. A OnePoll survey conducted earlier in 2024, involving over 2,000 adults, found that a majority of gamers were unaware of blockchain gaming. According to the survey, 52% of respondents did not know what blockchain games are, while another 32% had heard of them but never played one. These findings underscore the need for the blockchain gaming industry to address user experience and awareness issues to foster growth and adoption.

On Dec 27, 2024, 05:15 AM(UTC). According to Binance Market Data, BNB has crossed the 690 USDT benchmark and is now trading at 690.549988 USDT, with a narrowed narrowed 2.25% decrease in 24 hours.

According to Cointelegraph, Strive, an asset management firm established by Vivek Ramaswamy, has submitted a request to United States regulators to list an exchange-traded fund (ETF) focused on convertible bonds from MicroStrategy and other corporate Bitcoin (BTC) investors. This request was detailed in a filing dated December 26. The proposed ETF aims to provide exposure to 'Bitcoin Bonds,' which are defined as convertible securities issued by MicroStrategy or other companies that intend to allocate a significant portion of their proceeds to purchasing Bitcoin. Strive plans for the ETF to be actively managed, gaining exposure to these 'Bitcoin Bonds' either directly or through financial derivatives such as swaps and options. However, the management fee for investors has not yet been disclosed, though actively managed funds typically incur higher fees than passive index funds. MicroStrategy, since 2020, has invested approximately $27 billion in Bitcoin as part of a corporate treasury strategy led by co-founder Michael Saylor. This strategy has resulted in its stock, MSTR, appreciating by over 2,200%, surpassing nearly all major public companies except Nvidia. The company has financed these Bitcoin acquisitions through a combination of new stock issuance and convertible bonds, which offer low or no interest but can convert to MSTR shares under specific conditions. This approach has been emulated by other companies, leading corporate treasuries to hold around $56 billion worth of BTC, as reported by BitcoinTreasuries.net. Vivek Ramaswamy, who founded Strive in 2022, is known for his alliance with President-elect Donald Trump. Strive's mission, as stated on its website, is to empower investors to 'harness the power of capitalism.' In 2023, Ramaswamy, who amassed most of his estimated $1 billion net worth from founding the biotechnology startup Roivant Sciences, ran against Trump in the Republican presidential primary before endorsing him. In November, Ramaswamy joined forces with Tesla founder Elon Musk to lead the Department of Government Efficiency (DOGE), a private initiative aimed at reducing government waste. Industry analysts view Trump's presidential victory as a positive signal for the approval of several proposed crypto ETFs in the US. In 2024, asset managers have filed numerous regulatory applications to list ETFs containing altcoins like Solana (SOL), XRP (XRP), and Litecoin (LTC). Following his election win on November 5, Trump has suggested appointing pro-crypto leaders to key regulatory positions, including naming former PayPal COO David Sacks as his 'AI and crypto czar' and former commissioner Paul Atkins as his choice for SEC chair.

The post Ethiopia’s Bitcoin Mining Boom: Green Energy Turns Digital Gold appeared first on Coinpedia Fintech News Ethiopia is making waves by using its Grand Renaissance Dam to power Bitcoin mining, generating 18% of Ethiopian Electric Power’s revenue. This renewable energy strategy has transformed excess hydroelectric power into a profitable asset, with $1 billion spent on mining in the past... source: https://coinpedia.org/crypto-live-news/ethiopias-bitcoin-mining-boom-green-energy-turns-digital-gold/

According to Odaily, a Wintermute analyst has suggested that companies may increasingly add Bitcoin to their balance sheets, following the example set by MicroStrategy. Jake Ostrovskis, an over-the-counter trader at Wintermute, stated that in the coming year, corporations and publicly listed companies seeking exposure could become significant drivers of this trend. He anticipates that small to medium-sized enterprises might also participate. Ostrovskis further predicted that some companies might adopt a similar strategy for Ethereum, potentially transforming themselves into investment vehicles akin to MicroStrategy in the Ethereum space.

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