Kategorie: Crypto Markets

• Montenegro has completed the extradition of Do Kwon, the founder of collapsed crypto project TerraUSD/Luna.
• Kwon was arrested in Montenegro in 2023 and unsuccessfully fought extradition to the US.
• He is also wanted in South Korea over Terra’s $40 billion crypto implosion in 2022.

Montenegro has finalized the extradition of Terraform Labs founder Do Kwon to the United States, Montenegro Prime Minister Milojko Spajic has said.

The extradition comes just days after Montenegro’s Justice Minister Bojan Božović signed the extradition, with this coming on the back of the country’s Constitutional Court rejecting Do Kwon’s appeal.

Montenegro Prime Minister confirms Kwon extradition

“Today Montenegro completed the extradition of Do Kwon to the United States to face charges in the Terra/Luna case. Our nation welcomes innovation and legitimate crypto, AI and other tech entrepreneurs – but we have zero tolerance for fraud. This extradition demonstrates our unwavering commitment to international justice and the rule of law!” the Prime Minister said.

Montenegro police arrested Kwon in 2023 while the Terraform Labs founder was on the run following the 2022 collapse of TerraUSD and Luna.

The collapse saw over $40 billion worth of value wiped out, heralding contagion that hit multiple other crypto projects and saw millions of users lose money.

After failing to ward off the extradition, Kwon will now face charges of fraud and others in the US.

In April 2024, Terraform and Kwon agreed to a $4.5 billion settlement with the Securities and Exchange Commission.

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Multiple small cap cryptocurrencies are witnessing notable price gains as profit taking cools for the major coins.

Zerebro and Goateus Maximus rank as two of the biggest daily gainers as Bitcoin regains support above $94k. As traders eye potential bullish momentum in the coming months, what’s the price prediction for AI agent token iDEGEN?

Will it explode to surpass sector rivals ai16z, ZEREBRO and GOAT? Is the outlook for Bitcoin key?

What next for Bitcoin and altcoins?

The overall sentiment remains bullish, but immediate action for most altcoins is slightly bearish. Analysts looking at Bitcoin and the altcoin market suggest the bull market correction may yet extend. For Bitcoin for instance, bulls may have to defend the $90k-$85k area if bears establish control short term.

Ran Neuner, crypto trader and founder of Crypto Banter, has pointed to the Crypto Fear & Greed Index. He shared via X:

“Corrections are a function of a change in sentiment from exuberance to fear. In every bull market correction the fear and greed drops by at least 40 points! I think the high was around 92 and we are at 65 now.”

Notably, the market sentiment analysis tool shows “greed.”

How is iDEGEN unique?

What sets iDEGEN apart and a factor to its massive traction in the past month is its innovative blend of artificial intelligence and meme culture.

The project taps into advanced AI agent technology but instead of feeding it pre-configured or knowledge, the team threw a blank slate AI to the world for training. There are no guardrails or limits to what iDEGEN can learn or become.

Specifically, iDEGEN is degen raised, with every morsel of alpha or chaotic spew learned on X.

Over the past month, the project has learned and posted every hour, evolving amid increased interaction with the crypto degens. Taking the community-driven approach looks to have appealed to the greater crypto market, with the explosive run to over $11 million in premarket auction a pointer to this.

iDEGEN price prediction

In recent weeks, ai16z, Zerebro and aixbt have rallied hard as analysts predict the sector will lead the market in 2025. This outlook makes the native iDEGEN token IDGN one to watch as it hits the market.

Given, iDEGEN has reached over $11 million in premarket auction, hitting the milestone ahead of the token’s listing on crypto exchanges. However, the token’s value amid the dynamic pricing model has the price poised at $0.318.

With the final value set for a 10% bump on listing debut, it could be much higher when it hits the market.

Need to learn more about iDEGEN? Visit the official website here.

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Currently trading at $195.72, Solana (SOL) has seen an amazing increase—up 1.38% in the past 24 hours and 30.8% over the past three months. Solana is expected to keep its momentum in 2025; however, Rexas Finance (RXS), a fast-rising altcoin under $0.20, is causing waves and challenging Solana. Strong presale momentum and creative ideas help RXS to attract great investor hope. Let’s investigate the leading causes of this viral crypto’s seeming game-changer status for 2025.

Presale Performance and Strong Momentum

Rexas Finance (RXS) has drawn investor attention thanks to its outstanding presale performance. At $0.175 at its 11th presale round already, the token has generated nearly $33.45 million thus far. Every presale stage—including the most recent Stage 10—has sold out quicker than expected, proving ongoing demand. RXS has shown great growth potential even before its formal listing by attaining a 6x price rise from its presale launch.

This strong presale momentum highlights investor belief in the token’s future. Rexas Finance is a low-risk, high-reward investment with a guaranteed return to its predicted listing stage. A major competitor in the altcoin market, its intended listing on three top-tier exchanges confirms its legitimacy even more.

Rexas Finance (RXS) stands out mostly for its innovative approach to asset tokenization. Platform users enable tokenizing and trading assets such as real estate, art, commodities, and intellectual property.

Rexas Finance opens almost limitless opportunities for ordinary and institutional investors by granting access to fractional ownership. This unique use case helps RXS become more than just a cryptocurrency; it becomes a tool for democratizing investing possibilities and changing asset liquidity. Rexas Finance leads this trend as asset tokenization gains popularity worldwide. Forward-looking investors like it because its simple platform allows anyone to manage and diversify their holdings easily.

Challenging Solana’s Dominance

Long known for its scalability and fast transactions, Solana (SOL) is under attack from Rexas Finance’s creative ideas. Solana has consistently increased in price, and Rexas Finance is positioned for an even more notable surge in 2025.

Thanks to its original value proposition and expanding investor base, market analysts believe RXS could outperform Solana’s progress. Rexas Finance offers an advantage over Solana, which mostly stresses blockchain performance and decentralized applications by stressing real-world asset tokenization and accessibility. This different emphasis enables RXS to carve out a niche in the industry and attract a larger audience than simply blockchain builders.

Given its price of $0.175, Rexas Finance presents a reasonable starting point for investors. Unlike Solana, which costs $195.72, RXS lets even small-scale investors participate in its expansion story. Its pricing makes it rather enticing, especially for those looking for great returns during the next bull run. Furthermore, the token’s expected appreciation from $0.175 to $0.20 before listing guarantees a minimum return for first-time investors. Its long-term exponential growth makes a strong argument for investors trying to maximize their portfolios in 2025 and beyond.

Massive Growth Potential

The present momentum of Rexas Finance may provide one of the biggest price rallies in 2025. The token is a perfect candidate for exponential development because of its creative use case, low cost, and solid presale record. The early days of RXS and other successful tokens like Shiba Inu (SHIB) and Solana have attracted comparisons, supporting its optimistic view. The token offers a unique benefit in a crowded market: It may combine blockchain technology with actual asset management. As investors see this potential, Rexas Finance is positioned to become a major participant in the altcoin market, maybe even surpassing Solana’s expansion path.

Conclusion

Rexas Finance (RXS) is becoming incredibly competitive as the crypto industry prepares for another optimistic cycle in 2025. With its viral presale momentum, creative asset tokenizing platform, and strategic market positioning, RXS is ready to fight Solana (SOL) and become a top altcoin.  Priced under $0.20, the cryptocurrency presents a readily available investment with significant future potential. For investors seeking the next big thing in crypto, Rexas Finance represents a golden opportunity. Don’t miss the chance to be part of this revolutionary movement—invest in RXS today and unlock the future of asset management.

For more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com

Win $1 Million Giveaway: https://bit.ly/Rexas1M

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

 

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• MoonPay has received regulatory approval as MiCA compliant.
• The crypto payments platform has secured a license in the Netherlands.

Crypto payments platform MoonPay has secured a license under the European Union’s Markets in Crypto-Assets regulation.

MoonPay announced that the Dutch Authority for the Financial Markets (AFM) has approved its application for registration under MiCA rules. The Dutch regulator granted the license, which means MoonPay can now offer its services and products across Europe as guided and regulated under MiCA.

“This approval is a testament to MoonPay’s proactive approach to regulation and our commitment to building a trusted bridge between the traditional financial world and the rapidly evolving crypto ecosystem,” MoonPay co-founder and chief executive officer Ivan Soto-Wright said in a statement.

MiCA roll out

The platform’s milestone is key to its growth, with MiCA providing a unified regulatory and legal framework for crypto industry players in the EU.

MiCA rules come into full effect on Dec. 30, 2024, having been approved and adopted in 2023. Several companies digital asset service providers have looked to secure approval to continue offering services and products across the bloc.

“MiCA represents a pivotal moment for the European digital asset industry, and we’re proud to have worked collaboratively with the Dutch AFM to be among the first to embrace this new regulatory framework,” Soto-Wright added.

Key targets for the comprehensive regulations include prevention of money laundering, user protection and support for innovation and market stability.

For MoonPay, the approval means expansion across the huge market, with more people and businesses able to tap into crypto payments, buying, trading and selling via Venmo, PayPal, Apple Pay, debit and credit cards and bank transfer.

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• Despite rising by over 250% in 2024, XRP price could test $1.96 as 2025 starts.
• Eyes are on the outcome of the US SEC appeal.
• Amid the XRP price uncertainties, iDEGEN has emerged as a possible alternative investment.

XRP price analysis suggests a potential decline below the $2 mark as 2024 comes to a close, despite its impressive gains throughout the year.

However, amidst this uncertainty, iDEGEN emerges as a promising alternative for investors eyeing significant returns. With its innovative AI-driven model and dynamic presale strategy, iDEGEN could be on track for substantial growth, potentially offering up to 5x gains by 2025.

A possible 25% XRP price pullback

Ripple (XRP) has been on a rollercoaster this year. Its price has surged over 250% since the start of 2024, reaching above the $2 threshold for the first time since 2018.

Technical analysis and market sentiment hint at a possible correction with the current chart patterns showing signs of exhaustion after such a rapid ascent, with resistance levels at $2.25 and $2.30 proving tough to break through.

Currently trading at $2.06, analysts have noted a possible 25% pullback in early 2025, which could see XRP dropping back towards $1.96 or lower if it fails to hold above $2.

The Relative Strength Index (RSI) for XRP currently sits at around 46, leaning towards a bearish correction if the momentum doesn’t pick up.

Also, there is significant whale activity, with large holders accumulating around 80 million XRP since mid-December, indicating some confidence in long-term holding. However, this doesn’t negate the immediate bearish outlook, especially with the market reacting to broader economic cues and regulatory news.

Eyes are on the ongoing SEC appeal, which, depending on the outcome, could either bolster or hinder XRP’s price. The community is optimistic as Donald Trump’s administration assumes office in January 2025.

iDEGEN emerges as a beacon for high returns

In contrast to XRP’s uncertain trajectory, iDEGEN presents an intriguing investment opportunity. Launched on November 26, 2024, iDEGEN has already raised over $10.6 million during its ongoing presale, with more than 1.131 billion tokens sold.

The project’s dynamic pricing mechanism, which adjusts every five minutes based on market activity, has attracted traders who favour volatility. It creates a unique trading environment where prices can rapidly increase or decrease by 5% based on purchase frequency or lack thereof. This model not only keeps the market active but is also potentially lucrative for those who can time their investments well.

iDEGEN’s integration of AI for community interaction adds another layer of innovation. By adapting based on feedback from the community on X, iDEGEN positions itself not just as a meme coin but as a project with genuine community engagement at its core. This approach could lead to more organic growth and loyalty among holders.

The expected listing price of iDEGEN is set to be 10% higher than the final presale price, providing an immediate profit margin for early investors. Given the current momentum and the project’s unique selling points, there’s speculation that iDEGEN could see 5x gains by the end of January 2025, especially if it capitalizes on the market’s shift away from traditional cryptocurrencies like XRP amidst regulatory challenges and market corrections.

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