Kategorie: Crypto News

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UK digital banking giant Revolut becomes a Pyth Network data publisher

  • Revolut has joined Pyth Network as a data publisher to support reliable DeFi price feeds.
  • The partnership bridges traditional finance and DeFi using blockchain technology.
  • Revolut serves 45M users globally and its partnership with Pyth expands its web3 financial ecosystem.

Revolut, a leading digital banking platform in the UK, has partnered with the Pyth Network to become its latest data publisher.

This strategic move highlights the growing convergence between traditional finance and decentralized finance (DeFi), as blockchain technology gains traction across the financial sector.

Revolut expanding into the web3 ecosystem

Revolut, regulated by the UK’s Financial Conduct Authority, is renowned for its innovative approach to banking and financial services. By joining the Pyth Network, a blockchain-based oracle solution, Revolut will provide price data to bolster the reliability and security of decentralized applications (dApps).

The collaboration marks a significant step in Revolut’s expansion into the web3 ecosystem.

The Pyth Network, which integrates price feeds from over 120 data providers and supports more than 450 dApps, aims to deliver transparent and dependable data for DeFi projects.

Pyth’s partnership with Revolut digital bank leverages the bank’s extensive market expertise to enhance the accuracy of Pyth’s price feeds. This, in turn, strengthens the infrastructure for emerging financial applications, where reliable data is critical.

Mike Cahill, CEO of Duoro Labs and a Pyth Network contributor, emphasized the importance of bridging traditional and decentralized finance.

“We are witnessing a pivotal moment where established financial institutions like Revolut recognize the value of digital assets and DeFi. Together, we are shaping a future where transparent and secure data empowers the next generation of financial innovations,” Cahill stated.

Since its launch in 2015, Revolut has rapidly grown to serve over 45 million users across 200 countries, offering a wide range of financial services. The partnership with Pyth Network underscores Revolut’s commitment to adopting cutting-edge technology to remain at the forefront of financial innovation.

As DeFi continues to evolve, partnerships like this are expected to play a crucial role in fostering trust and accessibility. By integrating with the Pyth Network, Revolut is not only enhancing DeFi ecosystems but also reinforcing its position as a leader in the digital banking space.

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Dogwifhat tumbles and CEX reserves fall: this memecoin could be the next big thing

  • Dogwifhat crashes with the broader crypto slump.
  • WIF investors cash out and exchange reserves drop.
  • iDEGEN could be 2025’s memecoin leader.

The popular meme coin Dogwifhat (WIF) has seen a significant tumble, dropping below the key support level of $2 to $1.70. This decline, though not isolated, occurred alongside a broader crypto market slump, which has seen investors cash out and centralized exchange (CEX) reserves diminish.

However, amidst this WIF downturn, eyes are turning towards iDEGEN ($IDGN), a new AI-driven memecoin, with speculation that it could be the next big thing in the world of memecoins in 2025, especially as its presale winds down this month.

Dogwifhat falls below $2 as a bearish flag pattern forms

Dogwifhat price has crashed nearly 20% over the past 48 hours causing panic among investors. The decline over the past two days has wiped out the memecoin’s gains of the past week after dropping from above $2.1 to $1.70 at press time.

Dogwifhat tumbles and CEX reserves fall: this meme could be the next WIF in 2025

This price crash has led to a noticeable trend of profit-taking among top investors, with one leading holder pocketing $10.8 million in profits while offloading $2.4 million worth of WIF according to Nansen’s PnL Leaderboard data.

This sell-off is mirrored by the movement of WIF tokens off exchanges, with a significant outflow of $24.1 million in the last 24 hours, suggesting that some investors are bracing for a potential rebound once the market stabilizes.

However, despite the current price decline, Dogwifhat (WIF), which started as a whimsical project on the Solana blockchain leveraging the success of dog-themed memecoins like Dogecoin and Shiba Inu, has seen its value soar by an astonishing 2,779,056% from its inception, embodying the wild, speculative nature of meme coins.

The current market cap of $1.77 billion and a trading volume of $357.8 million reflect a market that’s still active yet clearly under pressure.

In addition, the immediate future for WIF looks grim with technical indicators like bearish flag patterns and double-top formations hinting at further declines unless there’s a significant shift in market sentiment.

Could iDEGEN be the future meme coin king?

As Dogwifhat struggles, the crypto community’s gaze shifts towards iDEGEN ($IDGN), an AI-powered memecoin that’s not just another token but a sentient, evolving entity shaped by its community.

Launched with a presale that has already raised over $14.8 million, iDEGEN’s dynamic auction system reflects real-time market interest, making each purchase a direct influence on its future price and development.

The IDGN price fluctuates every five minutes depending on the number of purchases made. If only one purchase is made, the price remains the same while if consecutive purchases are made the price rises by 5%. Conversely, if no purchase is made, the price drops by 5%.

This presale, ending later this month, has intrigued many with its novel approach to token distribution, potentially setting the stage for iDEGEN to make waves in 2025.

Unlike WIF, which thrived on the meme culture alone, iDEGEN introduces the concept of an AI that learns from its community on X, tweet by tweet.

Although it recently received a temporary ban on X, which ends in some hours’ time, the iDEGEN AI growth is entirely community-driven, offering a unique blend of entertainment, speculation, and technological innovation.

With no human interference in its learning process, iDEGEN’s unpredictability adds to its allure, promising a narrative that could captivate the crypto world much like WIF did in its heyday.

As we approach the end of iDEGEN’s presale, the excitement around this project isn’t just about the potential for financial gains but also about participating in something groundbreaking. The community isn’t just investing in a token; they are raising an AI, shaping its personality, and watching it evolve.

This sense of ownership and involvement could propel iDEGEN to new heights, possibly positioning it as the next big thing in the meme coin arena as we look towards 2025.

However, like all cryptocurrencies, especially those driven by the volatile meme sector, the journey might be fraught with risks and uncertainties and investors should do thorough due diligence before investing.

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Top 4 altcoins to buy before the market fully recovers

The crypto market saw its value fall on December 18 after Bitcoin (BTC) dropped from its all-time high above $108,000. This dip happened as the market awaited the Federal rate cut. Following BTC’s lead, the rest of the market also crashed, reducing the overall market cap by 3%.  However, the market has been recovering ever since but has yet to recover fully. This price dip, which has left several cryptocurrencies at lower prices, creates an opportunity to buy promising altcoins before the market recovers. Here are four such altcoins to consider buying right now while we await a full recovery. 

Rexas Finance (RXS): Low Price, High Value

RXS’s current presale price of an affordable $0.175 offers investors a rare opportunity to secure a high-potential asset at a bargain. Supported by its innovative approach to asset management, RXS could witness a breakout as the market regains momentum.  Traditional asset management has since faced challenges such as illiquidity, high transaction costs, and limited accessibility. Rexas Finance solves these issues head-on through asset tokenization. This process converts assets like real estate and intellectual property into digital tokens. Thus, it democratizes access to markets that were once exclusive to high-net-worth individuals. This revolutionary approach has resonated with investors, positioning RXS as a leader in the growing RWA tokenization sector.  Since its presale launched in September, Rexas Finance has captured significant attention from the crypto community. In less than four months, it sold out ten presale stages and is currently in stage eleven. At stage eleven, it raised almost $35 million, selling $390 million worth of tokens. The rapid pace of the presale reflects growing investor confidence in the project’s vision and long-term potential. The massive attention it has been getting that its affordable price is a limited-time opportunity. Analysts’ predictions have bolstered this view. Experts believe it could see a sharp price increase once the token launches on major exchanges in early 2025.  

The real-world asset market, valued at over $486 trillion, presents a massive opportunity for growth, and Rexas Finance is well-positioned to capitalize on it. Some analysts suggest that RXS could reach $12 a few weeks after its launch. This forecast is fueled by the growing demand and its ability to solve long-standing problems in traditional finance. Rexas Finance could deliver substantial returns when the market recovers, making it a smart option now. Thus, RXS is a novel choice for those seeking lucrative decentralized finance opportunities.

Solana (SOL): Institutional Interest Drives Momentum

SOL is slightly below the $200 mark, trading at $198. It could witness a sharp recovery if it breaches the resistance at $200. Meanwhile, Solana remains one of the most promising cryptocurrencies, and it is now a perfect buying opportunity. A promising update has also been made that could elevate its status in the market. A popular asset management firm,  Volatility Shares, recently filed for a Solana futures exchange-traded fund with the U.S. Securities Exchange Commission. This follows several applications for spot Solana ETFs, indicating growing institutional interest in the blockchain. Industry experts, like ETF Store’s Nate Geraci, view this filing as a positive step for Solana, especially given Volatility Shares’ successful push for Ether futures ETFs in 2023. This increasing institutional backing points to a promising future for Solana. Thus, it could be a top pick for investors before the market fully rebounds.

Cardano (ADA): Whale Activity and Strong Support Build Optimism

Cardano (ADA) is currently trading at $0.85, facing resistance at $1, a key psychological barrier. However, its history of January price surges — averaging 20% over the past seven years — offers optimism for a rebound. Experts point to strong support between $0.77 and $0.68, reinforced by increasing whale activity. Large investors accumulating ADA signal confidence in its long-term potential. Its chart presents a head-and-shoulders pattern, hinting at a possible price reversal. This could push ADA back to its all-time high of $3.09 by 2025. The growing market interest and promising technical indicators make ADA a great pick now that the market has yet to recover.  

Ripple (XRP): Bullish Patterns and Promising Developments

XRP trades below $2.10 at the moment, fearing it could breach the support at $2 and decline further. However, it has been resilient despite its sharp decline. Veteran trader Peter Brandt has identified a promising bullish wedge, hinting at a price surge into 2025. Credible Crypto, another respected analyst, predicts XRP could skyrocket to $20 or even $30, driven by clean, impulsive price movements. Ripple’s outlook for 2025 is also promising, with key events like a possible ETF approval sparking optimism. The newly launched RLUSD stablecoin has also gained traction, as shown by its rising trading volume, adding to Ripple’s bullish narrative. While risks like market volatility remain, XRP remains promising as long as it stays above $2. Following the U.S. president’s inauguration, XRP could recover quickly, making now the best time to buy it. 

Conclusion 

These four altcoins are promising, and now is an excellent opportunity to buy the dip before they recover. Rexas Finance has, however, been increasing despite the downturn, but its low price of $0.175 offers an opportunity to buy into a lucrative investment early on. The market recovery will rally RXS, making now the best time to buy before the market recovers. 

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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Ripple’s president says RLUSD stablecoin will list on more exchanges “imminently”

  • Long said Ripple’s stablecoin will soon be available on other exchanges, but didn’t give an exact timeframe
  • Various crypto spot ETFs are expected this year and Long believes XRP will be next after Bitcoin and Ether
  • With a new US administration, it’s expected that ETF approvals will speed up

Monica Long has said she expects Ripple’s USD (RLUSD) stablecoin to be listed on major crypto exchanges “imminently.”

Speaking in an interview with Bloomberg, the Ripple president said:

“We are continuing to expand distribution and availability of Ripple dollars on other exchanges. So I think you can expect to see more availability, more announcements coming soon.”

When questioned how soon, Long responded with “imminently.”

Ripple launched its RLUSD stablecoin on December 17 on the Ethereum and XRP Ledger after receiving regulatory approval from the New York Department of Financial Services.

At the time, Brad Garlinghouse, Ripple CEO, said: “As the US moves toward clearer regulations, we expect to see greater adoption of stablecoins like RLUSD, which offer real utility and are backed by years of trust and expertise in the industry.”

At present RLUSD is available on Archax, B2C2, Bitso, Bullish, Coinmena, Independent Reserve, JST Digital, Keyrock, Mercado Bitcoin, MoonPay, and Uphold. According to Ripple, RLUSD will soon be available on Bitstamp, Flowdesk, and Zero Hash.

Ripple also teamed up with Chainlink on January 7 to bring its stablecoin to more users across the decentralized finance (DeFi) network.

An XRP ETF is coming

Turning their attention to the possibility of an XRP exchange-traded fund (ETF), Long said:

“I think we will see one very soon, you know, various crypto spot ETFs this year coming out of the US. I think XRP is likely to be next in line after Bitcoin and Ether.”

In October, Garlinghouse said that an XRP ETF is “inevitable” despite ongoing legal issues between the US Securities and Exchange Commission (SEC) and Ripple. Several companies have already filed for an XRP ETF, including Canary Capital.

Long continued: “We think especially with the administration change, the approvals of those filings will accelerate.”

President-elect Donald Trump’s administration is considered pro-crypto compared to Joe Biden’s outgoing team.

Trump has already made several appointments, bringing in pro-candidates including Paul Atkins as the next SEC Chair, Bo Hines, as executive director of the Crypto Council, and David Sacks who will be the lead policy advisor on artificial intelligence and crypto, dubbing him the “White House AI and Crypto Czar.”

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Chaos on the Chains Announces Imminent Launch of The Next Frontier in Mobile AR Strategy

Genre-defining launch of a play-to-earn mobile MMORPG that blends strategy, adventure, and cutting-edge technology, powered by GPS, AR, AI, and blockchain planned for this year

For the past three years, the team behind Chaos on the Chains has been quietly crafting an experience that pushes the boundaries of mobile gaming. Fusing AR, AI, and GPS technology into a stylized low-poly world, this upcoming MMORPG invites players to explore real-world locations, conquer lands, and meet heroes spanning from ancient legends to futuristic warriors. The finish line is in sight, with the final stretch of development planned over the coming months, and excitement is already building for what promises to be a genre-defining launch.

At its heart, Chaos on the Chains is all about strategic depth wrapped in an ever-evolving narrative. From forging alliances to launching full-scale invasions, every decision made leaves a lasting mark in multiple realms. Thanks to GPS and AR, the borders of the in-game world intersect with the player’s own neighborhood—meaning they can literally expand their empire by stepping outside their front door. This real-world immersion is further enhanced by AI-driven NPCs and surprise appearances from the development team itself. One moment, they could be battling a historically inspired knight; the next, they might find themselves in a showdown with a developer—or even the CEO.

Each season unveils new story arcs, quests, and in-game events, so there’s always a fresh challenge on the horizon. Whether players specialize in stealthy raids or prefer taking territories head-on, the open-world approach ensures they can progress on their own terms. And because Chaos on the Chains runs on mobile devices, their next great conquest is never more than a swipe away.

Becoming Part of the Chaos: Joining Token Generation Event (TGE)

In anticipation of its Token Generation Event (TGE), Chaos on the Chains is excited to welcome new community members. Early adopters of the Chaos on the Chains token will enjoy exclusive perks, from limited-edition gear to priority access in all future expansions. It’s a chance to shape a world where past, present, and future collide—before the rest of the globe catches on.

To participate in the Token Generation Event and stay up to date with all announcements, you can follow them on X.com and join their official Telegram group. 

Website: www.chaosonthechains.com
Follow on X.com: https://x.com/Chaos_on_X?t=HVWKbrkhrRzgrH5FpRnM_Q&s=09
 Join their Telegram group: https://t.me/chaosonthechains

Strategic Battles, Trading & Earning across a multi-crypto chain economy

With the final launch targeted for this year, Chaos on the Chains is entering the home stretch and wants users to be part of their journey, welcoming new players and gaming enthusiasts into Chaos – the Ultimate MMROPG. Prepare to explore, conquer, and become a legend in Chaos on the Chains. It’s a world where a meteorite shatters reality, merging realms from different eras and planets into one massive, multiplayer open world. In this chaos, the player’s mission is to conquer, protect, and survive by utilizing GPS, AR, and AI to navigate the mayhem.

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