News

BTC hits new highs, but these 4 altcoins promise bigger ROI by 2025

Published

1 month ago

November 18, 2024

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Bitcoin hits record highs, but four altcoins show potential for higher returns by 2025, poised to outshine the market leader.

Bitcoin is soaring to record levels, drawing the eyes of investors everywhere. But while it dominates the headlines, other digital currencies may offer even greater gains. Four unique altcoins are showing promise for higher returns by 2025. These emerging players could outshine Bitcoin’s performance. Explore which cryptocurrencies might deliver bigger profits in the coming years.

CYBRO presale surpasses $4M: A unique DeFi investment opportunity

CYBRO is seizing the spotlight in the crypto market as its exclusive token presale climbs past the $4 million threshold. As a next-generation multichain DeFi platform, CYBRO delivers exceptional investment opportunities, enabling users to optimize their earnings across multiple blockchains, regardless of market fluctuations.

At a presale price of just $0.04 per token, CYBRO presents a rare chance for substantial returns, with experts forecasting a potential ROI of up to 1200%. This unique project has already captured the interest of prominent crypto whales and influencers, reflecting the strong belief in CYBRO’s technology and vision.

CYBRO token holders stand to gain a range of valuable benefits, including generous staking rewards, access to exclusive airdrops, cashback incentives, reduced trading and lending fees, and a comprehensive insurance program to ensure investor protection.

With only 21% of the total token supply available during this presale and over 100 million tokens already claimed, this is a unique opportunity for astute investors to take part in a project poised for exponential growth.

AVAX: Exploring Avalanche’s Layer-1 blockchain and its potential

Avalanche is a Layer-1 blockchain known for its low fees and fast transactions. It can process up to 4,500 transactions per second. Users can launch customizable Subnets on the platform. It uses a hybrid consensus mechanism that combines classical and Nakamoto consensus principles. This design aims for transaction finality in less than two seconds. The platform includes three interoperable chains: X-Chain, C-Chain, and P-Chain.

These chains handle various operations like transactions and smart contract executions. AVAX is the native token of Avalanche. It is used for transaction fees, staking for network security, and operating Subnets. AVAX has utility in payments, staking, and enabling the creation of custom tokens and blockchains.

Polkadot bridging blockchains with speed and scalability

Polkadot is a decentralized protocol and cryptocurrency that allows different blockchains to communicate securely. It enables the sharing of value and data between chains like Ethereum and Bitcoin without intermediaries. Polkadot uses parachains to improve speed and scalability, handling more transactions than Bitcoin and Ethereum. The DOT token is used for governance and staking in the network.

Holders can take part in decision-making and help verify transactions. Polkadot was developed by Gavin Wood, a co-creator of Ethereum, and is maintained by the Web3 Foundation. It aims to create more connected and efficient blockchains.

POL Token: Empowering the Polygon network’s growth

POL is the utility token of the Polygon network. It plays a crucial role in the ecosystem’s operations. Holders can stake POL to secure the network and earn rewards. They participate in governance by voting on proposals that shape the network’s development. This gives the community a direct influence on Polygon’s direction. POL also unlocks access to exclusive services, providing special features and applications within the ecosystem.

As the network expands and integrates more services, the uses for POL increase. This boosts its importance and demand within the ecosystem. POL’s various functions support the growth and functionality of the Polygon network, making it a key part of its operation.

Conclusion

While AVAX, DOT, and POL show promise for future gains, their short-term potential appears limited. In contrast, CYBRO emerges as a standout option. As a unique DeFi platform on the Blast blockchain, CYBRO provides investors with unmatched opportunities to boost their returns through AI-driven yield aggregation. It offers appealing staking rewards, special airdrops, and cashback on purchases. Users enjoy smooth deposits and withdrawals, ensuring a top-tier experience. With a focus on openness, compliance, and excellence, CYBRO distinguishes itself as a noteworthy project attracting strong interest from major crypto investors and influencers.

For more information, visit the official CYBRO website and join the community on X, Telegram, and Discord.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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Bitcoin

Metaplanet makes largest Bitcoin bet, acquires nearly 620 BTC

Published

5 hours ago

December 23, 2024

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Tokyo-listed Metaplanet has purchased another 9.5 billion yen ($60.6 million) worth of Bitcoin, pushing its holdings to 1,761.98 BTC.

Metaplanet, a publicly traded Japanese company, has acquired 619.7 Bitcoin as part of its crypto treasury strategy, paying an average of 15,330,073 yen per (BTC), with a total investment of 9.5 billion yen.

According to the company’s latest financial disclosure, Metaplanet’s total Bitcoin holdings now stand at 1,761.98 BTC, with an average purchase price of 11,846,002 yen (~$75,628) per Bitcoin. The company has spent 20.872 billion yen in total on Bitcoin acquisitions, the document reads.

The latest purchase is the largest so far for the Tokyo-headquartered company and comes just days after Metaplanet issued its 5th Series of Ordinary Bonds via private placement with EVO FUND, raising 5 billion yen (approximately $32 million).

The proceeds from this issuance, as disclosed earlier, were allocated specifically for purchasing Bitcoin. These bonds, set to mature in June 2025, carry no interest and allow for early redemption under specific conditions.

Metaplanet buys dip

The company also shared updates on its BTC Yield, a metric used to measure the growth of Bitcoin holdings relative to fully diluted shares. From Oct. 1 to Dec. 23, Metaplanet’s BTC Yield surged to 309.82%, up from 41.7% in the previous quarter.

Bitcoin itself has seen strong performance this year, climbing 120% and outperforming assets like the Nasdaq 100 and S&P 500 indices. However, it has recently pulled back from its all-time high of $108,427, trading at $97,000 after the Federal Reserve indicated only two interest rate cuts in 2025.

Despite the retreat, on-chain metrics indicate that Bitcoin is still undervalued based on its Market Value to Realized Value (MVRV-Z) score, which stands at 2.84 — below the threshold of 3.7 that historically signals an asset is overvalued.

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Altcoin Season

End of Altcoin Season? Glassnode Co-Founders Warn Alts in Danger of Lagging Behind After Last Week’s Correction

Published

9 hours ago

December 23, 2024

admin

The creators of the crypto analytics firm Glassnode are warning that altcoins could lose all bullish momentum following last week’s market correction.

Jan Happel and Yann Allemann, who go by the handle Negentropic on the social media platform X, tell their 63,400 followers that “altcoin season,” which they say began in late November, could come to an abrupt end after alts witnessed deep pullbacks over the last seven days.

According to the Glassnode co-founders, traders and investors will likely have a risk-off approach on altcoins unless Bitcoin recovers a key psychological price point.

“Is This the End of Altcoin Season?

Bitcoin dominance is surging after dipping below $100,000, while altcoins are losing critical supports. Dominance has risen and resumed its upward trend, signaling a stronger BTC environment.

If BTC stabilizes above $100,00, we might see a pump in altcoins now in accumulation zones. Until then, Bitcoin appears poised to lead, leaving altcoins lagging behind.”

The Bitcoin Dominance (BTC.D) chart tracks how much of the total crypto market cap belongs to BTC. In the current state of the market, a surging BTC.D suggests that altcoins are losing value faster than Bitcoin.

At time of writing, BTC.D is hovering at 59%.

Looking at Bitcoin itself, the Glassnode executives say long-term Bitcoin holders are massively unloading their holdings as other investor cohorts pick up the slack.

“The Board Keeps Shifting.

As BTC continues flowing out of exchanges during this dip, long-term holders are exiting forcefully, while short-term holders step in without hesitation.

Whales quietly accumulate, miners remain neutral, and selling pressure has merely reshuffled the board.

New hands are absorbing the sales.”

At time of writing, Bitcoin is worth $97,246.

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News

The introduction of Hydra could see Cardano surpass Ethereum with 100,000 TPS

Published

15 hours ago

December 22, 2024

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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.

Cardano’s Hydra boosts ADA past $1, positioning it as a scalable dApp hub and a potential challenger to Ethereum’s dominance.

Cardano‘s Hydra is the latest scaling solution in Cardano’s ecosystem, and it has seen ADA’s price surge past $1. While ADA’s current rate represents a 65% dip from its peak, ADA holders are 90% bullish.

Compared to Ethereum’s price, ADA is much cheaper, and the developments taking place in its ecosystem could potentially threaten Ethereum’s dominance. Cardano’s Hydra, for instance, can improve Cardano’s scalability, making it a go-to ecosystem for dApp development.

Given Ethereum’s struggles to scale its network, including its move from a PoW to a PoS protocol, Cardano’s Hydra can soon help developers build speedy dApps with high rates of mass adoption.

Cardano’s Hydra on track to elevate ADA to new heights

ADA’s current price at $0.91 is on a bullish trend that has seen ADA surge over 50% in the last 60 days. After ADA’s price languished around the $0.35 zone for months, whale activity is now rising in Cardano’s ecosystem, which has seen market watchers anticipate an additional uptick to $2 in the short term.

According to reports, an influx of over 680 transactions exceeding $1 million was registered on Cardano’s ADA as confidence in ADA’s bull run grew. Cardano’s founder has also confirmed that ADA is primed for higher highs in 2025, especially with the launch of Cardano’s Hydra.

Cardano’s Hydra is set to give developers a unique scaling tool that makes transactions on Cardano cheaper, faster, and more secure. With Ethereum as Cardano’s biggest competition, Cardano Hydra might trigger a migration of developers to Cardano in the near future.

Ethereum’s price drops to below $3,400 amid scalability concerns

Ethereum‘s price has remained sluggish in responding to the bull market even though its recent uptick past $4,000. After surging to a striking distance of $5,000 in 2021, Ethereum’s price plummeted to lows of $1,000 but has recovered amid critical resistance at the $4,000 mark.

Now, Ethereum’s price has been rejected above the $4,000 mark three times, and market watchers are less optimistic that the leading DeFi ecosystem could surge further to $5,000 – $6,00 during this bull run. Some of the obstacles that have hindered a rally on Ethereum’s price include Ethereum’s bloated network, which has registered skyrocketing network fees at peak congestion.

With the advent of scalability solutions such as Cardano’s ADA, Ethereum’s price could experience further sluggish growth. What’s more, mass adoption by institutions will require a lot more liquidity to move Ethereum’s price.

Discover the future of cross-border payments with Remittix

Ethereum’s potential is fast declining this cycle and investors are looking at alternatives. However, competition from the likes of Cardano’s Hydra is concerning for ETH Holders. However, many ETH holders are switching to a new project leading a new ‘PayFi’ movement. For crypto enthusiasts who want to make swift crypto-to-fiat money payments across the globe, Remittix (RTX) is the latest solution that promises to empower businesses and crypto holders worldwide.

Remittix is fast and reliable with a simple design that allows anyone to send crypto to a recipient’s bank account without the recipient ever knowing that the payment started with crypto. The Remittix Pay API also allows businesses to accept crypto payments with a simple merchant account. Remittix is built on Ethereum, and its RTX token is now in its presale. Analysts are predicting this to become a 100x star in 2025.

To learn more about Remittix, visit the Remittix presale and join the Remittix community.

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