Osprey Funds, LLC, a U.S.-based crypto investment firm, has announced that the Osprey BNB Chain Trust is now publicly quoted on the OTCQX® Best Market. Interestingly, the fund happens to be the first in the US to provide exposure to BNB, the native token of the BNB Chain ecosystem. It aims to offer a way for investors to access the cryptocurrency through traditional brokerage and IRA accounts. BNB Gains US Accessibility In its official press release this week, Osprey highlighted that BNB underpins various decentralized applications, DeFi protocols, and smart contracts, and while it remains unavailable on centralized exchanges in the US, the latest fund would provide a means for investors to gain exposure using USD. Following the development, Greg King, CEO of Osprey Fund, commented, “At Osprey, we are committed to bridging the gap between traditional finance and digital assets, offering investment solutions for those looking to participate in the generational transformation enabled by blockchain technology. The launch of the Osprey BNB Chain Trust underscores our focus on providing access to premier crypto assets.” Previously offered through private placement, the Osprey BNB Chain Trust is now accessible to a broader audience via the OTCQX market. Confirming the news, Binance co-founder and former CEO Changpeng “CZ” Zhao also tweeted , “$OBNB. The first publicly-quoted U.S. $BNB fund! This was done with no involvement from me. I only learned about it a couple of days ago. Strong community!” BNB Ecosystem So Far At the time of writing, BNB is the fifth-largest crypto asset by market cap. It reached an all-time high above $780 in the first week of December amid a broader market rally. The price has since undergone minor correction and is currently near $702. BNB was still up by more than 182% over the past year. Despite this bullish momentum on the price front, BNB Chain faced a surge in sandwich attacks in November, with a record 35.5% of its blocks affected. These attacks, involving MEV techniques like front-running, exploited the chain’s decentralized exchange (DEX) transparency, impacting 43,400 traders. The post Osprey Funds Launches First US Publicly Quoted BNB Trust appeared first on CryptoPotato .
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XRP Price Shows Resilience While BTC Sinks Deeper
XRP price remained stable above the $2.20 support zone. The price is consolidating and might aim for a fresh increase above the $2.40 resistance. XRP price remained stable above the $2.20 zone. The price is now trading below $2.40 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2.35 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.40 resistance. XRP Price Stays Above $2.20 XRP price remained well-bid above the $2.20 support level, unlike Bitcoin and Ethereum . A low was formed at $2.17 and the price traded in a range below the $2.40 level. There was a minor increase above the $2.25 and $2.30 levels. The price climbed above the 23.6% Fib retracement level of the downward move from the $2.720 swing high to the $2.171 low. The price is now trading below $2.40 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.35 level. There is also a connecting bearish trend line forming with resistance at $2.35 on the hourly chart of the XRP/USD pair. The first major resistance is near the $2.40 level. The next resistance is $2.45 or the 50% Fib retracement level of the downward move from the $2.720 swing high to the $2.171 low. A clear move above the $2.45 resistance might send the price toward the $2.50 resistance. Any more gains might send the price toward the $2.550 resistance or even $2.620 in the near term. The next major hurdle for the bulls might be $2.80. Are Dips Limited? If XRP fails to clear the $2.40 resistance zone, it could start another decline. Initial support on the downside is near the $2.25 level. The next major support is near the $2.20 level. If there is a downside break and a close below the $2.20 level, the price might continue to decline toward the $2.050 support. The next major support sits near the $2.00 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.20 and $2.050. Major Resistance Levels – $2.35 and $2.40. Crypto Potato
$15 Potential? Qubetics Heats Up as the Best Coin to Buy for January 2025 Amid Filecoin’s Price Surge and Stacks’ DeFi Push
Which cryptocurrencies could redefine financial landscapes in 2025? With so many options on the market, keeping an eye on promising developments is crucial. While many investors are focused on mainstream coins, emerging projects often hold the potential for exponential returns. Filecoin has been making headlines with its ambitious price predictions, and Stacks continues to garner attention for its innovative approach to blockchain utility. However, the spotlight is firmly on Qubetics ($TICS), a revolutionary blockchain platform that’s capturing the attention of analysts and investors alike. Its presale momentum and groundbreaking technology are turning heads in the crypto space. This article will cover the latest updates and developments around Qubetics, Filecoin, and Stacks—three of the best cryptos to buy for January 2025. Qubetics: Cross-Border Payments Redefined What if financial institutions could execute cross-border payments instantly, securely, and at a fraction of the current costs? Qubetics ($TICS) has introduced a solution that makes this possible, empowering banks and financial institutions to streamline international transactions. By leveraging the $TICS token, Qubetics addresses long-standing inefficiencies in global payment systems. Traditional cross-border payments often come with delays, high fees, and a lack of transparency. Qubetics flips this narrative, enabling swift, transparent transactions that cater to the needs of both corporate entities and individuals. For businesses, this means quicker settlements, improved cash flow, and the ability to stay competitive in global markets. It simplifies remittances and international transfers for individuals, ensuring money reaches its destination without undue complications. Qubetics recently hosted an AMA session to enhance community engagement, addressing queries from its rapidly growing audience. Such transparency and involvement only make it one of the best cryptos to buy for January 2025. Filecoin: The Backbone of Decentralised Storage Filecoin is gaining traction as a decentralised storage network that aims to preserve the world’s most critical data securely. Its innovative design allows users to rent out unused hard drive space, earning Filecoin tokens (FIL) in return. Analysts predict the token’s value will reach an average price of $17.28 by 2024, $35.7 by 2027, and an impressive $58.8 by 2030. Launched in 2020, Filecoin employs advanced consensus mechanisms like proof-of-replication and proof-of-spacetime to ensure data integrity and security. Reducing storage costs and decentralising data retrieval are pivotal in the Web3 ecosystem, providing the infrastructure needed for decentralised applications (dApps). With its promising utility and growing adoption, Filecoin remains a solid choice for long-term investors. Stacks: Building Bridges to Bitcoin Stacks has positioned itself as a unique blockchain project that enhances Bitcoin’s functionality without altering its original code. It introduces smart contracts, decentralised apps, and DeFi capabilities to Bitcoin’s network. This layered approach ensures compatibility while unlocking new use cases for the world’s most popular cryptocurrency. Through its innovative Proof of Transfer (PoX) mechanism, Stacks aligns its incentives with Bitcoin miners, creating a mutually beneficial ecosystem. With a focus on usability and development, Stacks continues to attract attention as a platform that combines security, decentralisation, and scalability. Its role in expanding Bitcoin’s utility makes it a noteworthy project for 2025. Unmissable Presale Opportunity: Qubetics ($TICS) Qubetics is making waves with its presale, currently in Phase 13. Investors are snapping up $TICS tokens priced at $0.034. Weekly phase shifts bring a 10% price increase, culminating in a 20% rise during the final stage. The excitement is palpable, with over $7.2 million raised, 10,800+ holders, and 359 million tokens sold. Imagine being part of a project with such robust backing and consistent growth. As the presale progresses, the scarcity and demand for $TICS only intensify, making it one of the best cryptos to buy for January 2025 . Don’t miss your chance to secure tokens before the price hikes further. Conclusion: The Crypto Market Awaits Bold Investors As we head into 2025, the cryptocurrency market is brimming with opportunities for forward-thinking investors. Filecoin’s advancements in decentralised storage, Stacks’ integration with Bitcoin, and Qubetics’ groundbreaking cross-border payment solutions represent some of the most compelling narratives in the space. However, Qubetics stands out as the crown jewel among the best cryptos to buy for January 2025. With its presale success and game-changing solutions, it offers a unique opportunity for those looking to secure early gains. Don’t wait—join the Qubetics revolution today and position yourself for a prosperous future in the crypto world. For More Information: Qubetics: https://qubetics.com Telegram: https://t.me/qubetics Twitter: https://x.com/qubetics The post $15 Potential? Qubetics Heats Up as the Best Coin to Buy for January 2025 Amid Filecoin’s Price Surge and Stacks’ DeFi Push appeared first on TheCoinrise.com . Crypto Potato