Hut 8 Corp confronts a shareholder lawsuit, asserting it stems from manipulative short-selling practices aimed at deflating the company’s stock value. The Bitcoin mining company alleges that the lawsuit reflects
CoinOtag
You can visit the page to read the article.
Source: CoinOtag
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Don’t Miss Out, Join Now: Best 7 Cryptos to Buy This Month with 100x Potential
The crypto market in December 2024 is firing on all cylinders, with altcoins grabbing the limelight as investors look for the next big opportunity. While major players like Bitcoin and Ethereum often dominate headlines, savvy traders know that the real gains lie in discovering the best cryptos to buy in December 2024 before they skyrocket. One coin leading the charge is Qubetics ( $TICS ), a project that’s pushing boundaries with practical, real-world applications. But it’s not the only one. Let’s dive into seven altcoins with the potential to deliver massive returns this month. 1. Qubetics ($TICS): A Web3 Pioneer Reshaping Privacy and Data Security Qubetics is more than just a cryptocurrency—it’s a solution for modern digital challenges. Its Decentralised VPN (dVPN) is a lifeline for people and businesses grappling with privacy concerns in an age of increasing cyber threats. Traditional VPNs rely on centralised servers, leaving users exposed to hacking, surveillance, and censorship. Qubetics changes the game by decentralising the entire process. Imagine you’re a financial advisor working remotely. You’re dealing with sensitive client data, from tax returns to investment portfolios. Using Qubetics’ dVPN, you can encrypt your online activity and prevent prying eyes from gaining access to this critical information. For businesses in healthcare, law, or even retail, Qubetics offers unparalleled security, fostering trust and compliance in a data-driven world. Currently in Presale Phase 11, Qubetics tokens are priced at $0.0282. The project has raised over $4.3 million, with more than 6,200 holders and 266 million tokens sold. With weekly 10% price hikes, now is the time to act. Analysts predict a post-presale value of $0.25, offering a potential 900% ROI. A $500 investment today buys you 17,730 $TICS, which could turn into $4,432 if the price hits $0.25. Why did this coin make it to this list? Qubetics addresses the critical issue of online privacy with innovative, practical solutions that appeal to individuals and businesses alike. 2. Solana (SOL): The Blockchain Built for Speed Solana is setting a high bar for blockchain technology with its lightning-fast transaction speeds and low fees. Trading at $235.97, it’s become a favourite for developers building decentralised finance (DeFi) applications, NFT marketplaces, and Web3 projects. Let’s say you’re an artist selling your first NFT collection. Solana’s efficient network allows you to mint and sell NFTs without the high fees and congestion issues associated with other blockchains. As a result, creators can focus on growing their community rather than stressing over transaction costs. Analysts predict Solana could hit $378 by 2025, making it an attractive option for long-term investors. A $500 investment today would get you 2.12 SOL, which could grow to $801 if these predictions hold true. Why did this coin make it to this list? Solana’s combination of speed, low costs, and developer adoption make it a standout in the altcoin market. 3. Avalanche (AVAX): The Scalable Smart Contract Platform Avalanche is making waves as one of the most scalable and eco-friendly platforms for smart contracts. Trading at $47.82, AVAX is gaining traction among developers who value its high throughput and low latency. Imagine you’re running a blockchain-based game with thousands of active users. Avalanche ensures that every transaction is processed quickly and without network slowdowns, creating a seamless experience for players. This scalability makes it an ideal choice for DeFi projects, gaming platforms, and enterprise applications. Analysts forecast Avalanche could reach $80 by 2025, offering strong returns for early adopters. A $500 investment today would buy you 10.46 AVAX, which could grow to $837 if the price reaches its target. Why did this coin make it to this list? Avalanche’s focus on scalability and user-friendly features makes it a key contender for long-term growth. 4. Ripple (XRP): The Cross-Border Payment Disruptor Ripple is leading the charge in transforming how cross-border payments are handled. Trading at $2.63, XRP offers a fast, affordable alternative to traditional banking systems, making it a top pick for businesses managing international transactions. Picture yourself as the CFO of a multinational company. Ripple allows you to settle transactions in seconds without incurring the high fees associated with wire transfers or currency exchanges. With growing adoption and regulatory clarity on the horizon, Ripple is well-positioned to capitalise on its early successes. Analysts predict XRP could hit $5 within the next few years. A $500 investment today would get you approximately 190 XRP, which could double to $950 at that target price. Why did this coin make it to this list? Ripple’s proven use case and increasing adoption make it a reliable option for investors. 5. Chainlink (LINK): The Bridge Between Blockchains and Real-World Data Chainlink is a crucial part of the blockchain ecosystem, connecting smart contracts to real-world data through its oracle network. Trading at $15.45, LINK is the backbone of countless decentralised applications across industries like finance, insurance, and supply chain. Imagine you’re running a weather-based insurance platform. Chainlink ensures accurate, tamper-proof data feeds to automate payouts for farmers affected by natural disasters. Its growing number of partnerships makes it an indispensable part of the Web3 infrastructure. Analysts predict LINK could rise to $30 in the next year. A $500 investment today would buy you 32.37 LINK, which could grow to $971 if its price doubles. Why did this coin make it to this list? Chainlink’s unique utility and expanding adoption make it a vital player in the blockchain space. 6. Cardano (ADA): The Eco-Friendly Blockchain Cardano is an eco-conscious blockchain that combines scalability, security, and sustainability. Trading at $0.45, it’s building a reputation as a developer-friendly platform for decentralised applications. Imagine launching a crowdfunding platform where transparency and trust are key. Cardano’s secure and traceable transactions make it the ideal choice for socially conscious projects. With continuous upgrades and a growing ecosystem, Cardano is set for long-term success. Analysts forecast ADA could reach $1.50 by 2025. A $500 investment now would buy you 1,111 ADA, which could grow to $1,667 if these predictions come true. Why did this coin make it to this list? Cardano’s focus on sustainability and its expanding use cases make it a strong long-term investment. 7. Polkadot (DOT): The Multi-Chain Innovator Polkadot is revolutionising blockchain interoperability with its multi-chain architecture. Trading at $45.23, DOT allows developers to build cross-chain applications that can communicate seamlessly. Think about a DeFi app that needs to interact with multiple blockchains for liquidity. Polkadot makes this possible, opening up new avenues for innovation and scalability. Its unique approach has already attracted a vibrant developer community. Analysts predict Polkadot could rise to $70 by 2025. A $500 investment today would buy you 11.05 DOT, which could grow to $773 if the price hits its target. Why did this coin make it to this list? Polkadot’s interoperability and developer appeal make it a standout project in the altcoin space. Time to Catch the Next Big Crypto Wave If you’re searching for the best cryptos to buy in December 2024 , these altcoins should be at the top of your list. From Qubetics’ game-changing dVPN to Solana’s unmatched speed and Ripple’s payment revolution, these projects are built to last. With Avalanche, Chainlink, Cardano, and Polkadot rounding out the list, your portfolio will be ready for the future of blockchain innovation. Don’t wait too long. Coins like Qubetics are seeing weekly price hikes, and opportunities like these don’t stick around. Take action now and position yourself for long-term gains. For More Information: Qubetics: https://qubetics.com Telegram: https://t.me/qubetics Twitter: https://x.com/qubetics 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 . CoinOtag
Congress` Most Prolific Crypto Trader Is a Georgia Trucking Operator
Mike Collins, a first-term Republican in the U.S. House of Representatives, may not have a high profile on crypto policy, but he has a very active crypto portfolio. And his trading indicates that memecoin enthusiasm has reached the shores of Congress. Collins, whose committee assignments keep him far from the core decisions on U.S. crypto legislation, has kept a busy hand in the buying and selling of digital assets. Earlier this week, Collins made small buys of Ski Mask Dog and Aerodrome ( AERO ) – each of the purchases categorized in the congressional financial filings as between $1,000 and $15,000. A trucking company operator who arrived in Congress last year, Collins is among a handful of direct crypto traders on Capitol Hill. And his is the most extensive record, according to his disclosures, with 19 trades going back to November, including in Ethereum`s ether ( ETH ), Velodrome Finance and The Graph ( GRT ). When his purchase of Ski Mask Dog and AERO was noted on social media site X, he responded by posting an image of Pepe the Frog . Ski Mask Dog is another in a long series of dog-based memecoins , which are typically volatile and often humorously inspired tokens. Aerodrome is one of the biggest decentralized exchanges on Base. Collins has an "A" rating from crypto advocates Stand With Crypto, noting his support of digital assets legislation including the high-profile Financial Innovation and Technology for the 21st Century Act ( FIT21 ). And he`s coming back next year, having earned 63% of the vote last month to defeat a Democrat challenger to earn his second term in the House. The Georgia congressman is better known on immigration issues, including for sponsoring his own bills empowering states against the federal government. Direct investing by members of Congress has long been a controversial topic, with critics raising the hazards posed by potential conflicts of interest and insider trading. But trading of such assets as stocks, bonds and crypto is still on the table for members of the House and Senate, though each transaction is publicly disclosed. Former Representative Madison Cawthorn, a North Carolina Republican, had been an even busier crypto trader than Collins before he was defeated in a primary challenge in 2022. The dollar amounts Collins has been trading are generally small, and other members of Congress have dealt with bigger sums, such as Michigan Democrat Shri Thanedar`s sales of at least $365,000 in bitcoin ( BTC ), ETH and litecoin (LTC) in February. CoinOtag