Author: altcoinvest

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Bitcoin (BTC) long-term holders continued to reduce their BTC exposure as their holdings fell to the lowest levels since April.Key takeaways:Bitcoin long-term holders reduced their supply to 72%, the lowest since AprilBTC price is at risk of a deeper correction to $68,500 if key support levels fail.Bitcoin long-term holder supply falls to April levelsLong-term holders (LTHs), entities that have held Bitcoin for at least 155 days, have reduced their holdings to 14.3 million BTC in December from 14.8 million BTC in mid-July, according to data from Glassnode. This has reduced the percentage of supply held by these investors to 71.92%, a…

Key Takeaways Trump expressed willingness to consider a pardon for Samourai Wallet developer Keonne Rodriguez. The case highlights tensions between privacy-focused crypto development and government prosecution. Share this article President Trump said on Monday that he would review the case of Keonne Rodriguez, co-founder of the Samourai Bitcoin wallet, who was sentenced to five years in prison last month for conspiracy to operate an unlicensed money transmitting business.Trump was asked by Decrypt during an afternoon event in the Oval Office about the possibility of granting clemency to Rodriguez. He said he was aware of the matter and would look into…

Accept contributions in crypto through Brave Creators Program If you are not acquainted with Brave Browser, it is a web browser that emphasizes on privacy and rewards its users for browsing the internet utilizing Basic Attention Token (BAT) cryptocurrency. Users can then enable automatic contributions to particular content creators or offer a manual gratuity. One of the major benefits of this approach is that users can acquire BAT without any cost. Thus they may not feel like they are expending funds. Moreover, you could gain more than expected. Additionally, it is pretty straightforward to combine with other techniques. Nevertheless, incorporating…

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The US Securities and Exchange Commission has sharply scaled back its enforcement actions against the cryptocurrency industry since President Donald Trump returned to office. Key Takeaways: The SEC has dropped or paused nearly 60% of crypto cases since Trump took office. Enforcement pullbacks include major cases against Ripple and Binance. The agency denies political motives, calling the shift a policy reset. The agency has dismissed or paused close to 60% of crypto-related cases, according to a report published Sunday by The New York Times.While enforcement activity continues across traditional markets, cases involving crypto firms have been disproportionately affected by withdrawals,…

MYX Finance [MYX] posted gains of 8% in the last 24 hours. Some analysts have attributed the rally to a short-term breakout past the key technical and psychological $3-resistance. In a recent AMBCrypto report, MYX’s breakout from a descending channel was described. Combined with high trading volume and a brief uptick in Open Interest, a $3.45 price target was expected. This target has been achieved, and then some. On Monday, 15 December, MYX Finance token’s price reached a local high of $3.9. The $3.45-level could act as support and help start the next rally. Decoding the mixed MYX signals Source:…

Key Takeaways Gemini has launched a predictions market platform available in all 50 US states with no trading fees for a limited time. The Commodity Futures Trading Commission approved Gemini’s entry into prediction markets, signaling increased regulatory support for crypto-related derivatives. Share this article Gemini has officially rolled out its predictions market platform, joining a growing list of companies offering forecasting tools for users to speculate on the outcome of real-world events ranging from elections to market movements. Introducing Gemini Predictions, now live across all 50 US states 🇺🇲 Users can trade on outcomes of real world events with near…

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$wXRP is coming to Solana, marking a major moment for the XRP ecosystem and cross-chain DeFi. This launch lets XRP holders use Solana DeFi while keeping full exposure to native XRP. Hex Trust and LayerZero launch $wXRP, a regulated 1:1-backed XRP on Solana and other blockchains, with $100M+ day-one liquidity. What is $wXRP? A wrapped version of XRP, $wXRP, is 1:1 backed by native XRP held in custody. Each $wXRP issue places 1 XRP in a safe deposit with Hex Trust. Upon redemption, the system burns the token and returns native XRP to the user. With this arrangement, wXRP will…