Nexo has evolved from its origins in 2018 to become a comprehensive digital assets wealth platform. This comes at a time when traditional finance and digital assets are converging, placing Nexo at the intersection of two powerful financial currents. With over $8 billion in credit issued and zero security breaches, Nexo has a strong track record. Its service suite rivals traditional private banking while maintaining an edge in the crypto space. Nexo offers a yield generation system that delivers up to 14% annual interest through Flexible Savings and up to 16% for Fixed-term Savings. The platform also provides a credit solution that allows long-term crypto holders to access liquidity ...

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Vitalik Buterin, co-founder of Ethereum, has proposed a plan to decentralize and scale the Ethereum network. In response to concerns about the complexity of operating light clients in a rollup-centric ecosystem, Buterin suggests implementing Ethereum Improvement Proposal (EIP) 3668. This proposal aims to revolutionize the efficiency and decentralization of Layer-2 (L2) networks' state proof verification.

As Ethereum scales through rollups, there is a growing question of how wallets and apps will handle multiple light clients without relying on centralized third parties. Buterin suggests using an Ethereum Request for Comment (ERC) similar to EIP-3668, which would allow L2 networks ...

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The feud between Stellar (XLM) and Ripple's XRP cryptocurrency has escalated recently.

🟦 Build on Stellar took a jab at Ripple in a social media post, referencing Ripple's legal battle with the SEC. The XRP community reacted strongly, with some calling for selling XLM tokens and accusing Stellar of copying XRPL.

🟦 XRP and XLM are often linked due to their shared creator, Jed McCaleb, but they have differences in design, token distribution, and consensus mechanism. McCaleb defended Stellar, highlighting its high transaction volume and engineering quality.

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Bitcoin and altcoins like Ethereum are experiencing mixed signals as the crypto market enters the next stage of the current cycle. Analysts are closely watching key indicators to determine the future direction.

🔸 Some experts believe Bitcoin dominance still has room to grow, and altcoin season won't arrive until Bitcoin dominance reverses. The CEO of Real Vision suggests the cycle could last until the end of 2025 or even into 2026, with structural factors like the Federal Reserve's efforts to reduce inflation and ongoing credit cycles playing a significant role.

🔸 Meme coins like Dogecoin are expected to be important for asset allocation in 2025, with a Dogecoin ETF potentially attracting billions in capital. The popularity of ETFs for Solana and Dogecoin is expected to continue.

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The crypto market has been experiencing a wild few days, with Bitcoin trading near its all-time high and other assets seeing double-digit percentage drops.

🔷 Former Binance CEO, Changpeng Zhao, believes that the fear of missing out (FOMO) is just beginning and that the market is in a state of greed.

🔷 However, the market appears to be fairly balanced at the moment, despite the temptation to invest in new cryptocurrencies.

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Maple Finance, a major institutional cryptocurrency lender, has completed a pioneering loan deal using XRP as collateral.

💭 The seven-figure USDC loan was facilitated by Digital Wealth Partners. This marks Maple Finance's first loan deal using XRP as collateral, providing borrowers with tailored financing against their XRP holdings and offering lenders new liquid collateral at attractive loan-to-value rates.

💭 The entire procedure took only three business days, demonstrating the efficiency of the process. This development opens new avenues for liquidity management for institutions holding XRP, and experts anticipate more opportunities for XRP in both private and institutional segments of the cryptocurrency market.

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Whale Alert, a well-known blockchain tracking platform, has detected six consecutive Ethereum transfers, each worth over $100 million. These transfers occurred within a single hour and involved approximately 27,970 ETH per transaction. The total value of these transactions amounted to around $603 million.

During this period, the price of Ethereum experienced a surge of nearly 6%, reaching $3,628. However, it has since seen a slight decline of about 1.5% and is currently trading at $3,575.

In other news, BlackRock's Ethereum exchange-traded fund (ETF), ETHA, received a significant net inflow of $33.88 million on January 3. The overall net inflow in Ethereum ETFs on that day was ...

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Bitcoin has recently experienced a decline after a modest rally during the Christmas period. Market participants are taking profits, putting downward pressure on the leading cryptocurrency's price. The price of BTC may soon fall below the critical $90,000 mark due to weakening buying activity.

One indicator, the Ichimoku Cloud, shows that BTC's price has fallen below the Leading Span A, indicating weakening momentum and a potential bearish shift. This suggests diminishing strength in the asset's uptrend. Additionally, the negative Chaikin Money Flow confirms the waning demand for BTC, with selling pressure dominating and more outflow of money than inflow.

If the demand weakens ...

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Cardano (ADA) is facing a downturn along with other top cryptocurrencies like Ethereum and XRP as Bitcoin approaches $95k. The ADA trend is showing significant downside risk as the price falls below $0.90, potentially driving it down to $0.70.

On the 4-hour chart, Cardano's price is forming a bearish channel pattern and has broken below a key support trendline. This suggests a continuation of the downtrend, with a bearish engulfing candle forming on the verge of closing below the support trendline. This increases the likelihood of a drop to the psychological support level of $0.70.

The 4-hour chart also shows a bearish crossover on the 200 EMA and the RSI has entered oversold ...

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Shibarium, the official blockchain of the Shiba Inu ecosystem, has achieved two significant milestones in terms of the number of wallets and total transactions.

▪ The network has surpassed 600 million transactions and reached over 2 million wallets. This surge in user activity can be attributed to increased interest in interacting with different DeFi protocols on Shibarium. The milestone was celebrated by the Shiba Inu community as a testament to their strength and passion.

▪ Additionally, Shibarium has recorded other impressive feats, such as reaching an all-time high total value locked (TVL) of $10.4 million, with K9 Finance DAO leading in TVL. The number of user accounts on Shibarium has also increased significantly, demonstrating a surge in user activity. These achievements highlight the growing popularity and success of Shibarium as a Layer-2 blockchain.

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