Crypto exchange Crypto.com has received in-principle approval for a European Union (EU) Markets in Crypto Assets (MiCA) license from Malta`s Financial Services Authority, edging it closer to be able to operate fully across the trading bloc. The in-principle license means that the exchange is expected to receive its full CASP license soon, a Crypto.com spokesperson said on Friday. Companies have been working towards getting a crypto asset service provider (CASP) license under MiCA since the bespoke crypto legislation passed in 2023. The CASP license allows companies to serve clients across the European trading bloc which consists of 27 nations. "Receiving full regulatory approval will allow Crypto.com to provide its market-leading range of crypto services across the EU under a streamlined and robust framework bringing a significantly improved degree of transparency to the sector," the company said in an emailed statement. Crypto.com will soon join the likes of Boerse Stuttgart Digital , MoonPay , BitStaete, ZBD and prime brokerage and clearing company Hidden Road , who received the MiCA license.
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Ondo poised for 1.9b token unlock
Ondo Finance, the real-world assets tokenization platform, is preparing for a major unlock of its governance token. According to Tokenomist, Ondo Finance ( ONDO ) will unlock more than 1.9 billion locked ONDO tokens on January 17, 2025, at 7 PM EST. The total value of the unlock, which accounts for a 134% influx, is estimated to be worth about $2.44 billion. Tokenomist, previously TokenUnlocks, shows ndicates that the upcoming ONDO release will be divided into three key allocations: Approximately 792 million ONDO (40% of the unlock) is allocated for ecosystem growth, while around 825 million ONDO (42%) is earmarked for protocol development. The remaining tokens will go toward private sales. You might also like: XRP could surpass ETH’s market cap: Messari analyst Huge tokens unlocks normally see a bearish reaction from the market, which in this case could see ONDO price dip. The altcoin was trading around $1.25, slightly in the red on the day, as the protocol moved closer to the massive supply influx. However, ONDO’s price rose alongside the broader market over the past year following its last token unlock. The cryptocurrency’s value has surged 673% in the past year, climbing from lows of $0.26. Ondo Finance has also recorded significant traction in the RWA market, with its Ondo U.S. Dollar Yield and Ondo Short-Term Government Bond Fund among tokenized treasuries assets to push the market to over 100% up in the past year to $4 billion. According to DeFiLlama, the total value locked in Ondo Finance spiked from $192 million in January 2024 to a peak of $650 million in October. At the time of writing, the TVL stood at $543 million. You might also like: Ondo Finance and Plume Network team up to expand RWAfi use cases CoinDesk
Best Altcoins For 10x Gains in 2025 – IntelMarkets, Dogecoin, and SUI Blockchain Dominate Charts
The cryptocurrency market is full of potential, and we are all set for the next level as we approach 2025. As SUI Blockchain experienced one of the biggest rallies as of late, the Dogecoin price started to recover from recent lows. However, IntelMarkets (INTL) – an innovative AI project pioneering a new approach to crypto trading may be the best altcoin for exponential gains this year. IntelMarkets (INTL): Revolutionizing Crypto Trading Utility-driven IntelMarket (INTL) is one of the most promising projects in the cryptocurrency area based on advanced AI, blockchain, and DeFi technologies. This integration is making it unique and, therefore, competing fiercely as one of the best altcoins of 2025. IntelMarkets offers an innovative AI-based exchange protocol and is set to disrupt the $36 billion global crypto trading market. The exchange’s self-learning trading robots enable analyzing vast volumes of real-time data to fine-tune strategies that can give traders unparalleled advantages. The market has taken a liking to IntelMarkets, raising more than $6.6 million in record time. Priced at $0.082 per INTL token before the launch, IntelMarkets is a perfect opportunity for anyone focused on gains in their portfolio. The token is likely to see extra adoption as experts suggest that INTL could increase 10x after the listing, making it one of the best altcoins today. Moreover, its multi-chain design built on both Ethereum and Solana augments its attractiveness and puts it in a favorable place in the vanguard of crypto development. Dogecoin Price Prediction: Can DOGE 10x? According to CoinMarketCap, the DOGE is changing hands at $0.37, increasing 6% in the last day. After experiencing a slight correction, the Dogecoin price rebounded in the previous 24 hours. With a market cap of $53B, a 10x increase would bring the Dogecoin price above $3.50. This rally would bring the DOGE market cap to half a trillion dollars, above the ETH market cap. This is highly unlikely as experts predict a moderate increase in the Dogecoin price in the next bull cycle. However, it doesn’t top the best altcoin charts, with DOGE predictions placing a rally above $0.60 in Q3 2025. SUI Blockchain: Promising Technology SUI Blockchain is a Layer-1, high-quality blockchain that has attracted interest in its high scalability due to its support for dApps. While positioned as competition to other major platforms, such as Solana or Ethereum, SUI blockchain has novel selling points and innovations. With a 10x rally since launch, SUI hit its ATH of $5.35 on January 6th. As of now, the price SUI is $4.53, down 7% on the weekly charts. The market cap of SUI Blockchain is $14 billion, which when compared to DOGE is relatively low. Analysts claim that SUI is one of the best altcoins set to 10x this year. Conclusion With the Dogecoin price bouncing back from recent lows. However, DOGE’s large market cap limits its 10x potential. On the other hand, SUI Blockchain is one of the best projects to be developed in 2025. However, IntelMarkets is a token with no bull run history and has introduced a new story and an innovative approach to crypto trading. As well as the further development of AI exchange protocol, substantial presale success and the expanded plans laid in the future roadmap, it can be stated that INTL can be rightfully called one of the best altcoins of 2025. Join the AI revolution with the promo code ‘INTL20’ for a 20% bonus on the platform! Buy Presale Website Telegram Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here . CoinDesk