New regulations enhance transparency and compliance in Turkey`s cryptocurrency sector. Cryptocurrency exchanges must verify sender information for substantial transfers. Continue Reading: Turkey Implements New Regulations for Cryptocurrency Exchanges The post Turkey Implements New Regulations for Cryptocurrency Exchanges appeared first on COINTURK NEWS .
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AI picks 2 cryptocurrencies that will outperform others in Q1 2025
Q4 2024 marked the start of a new crypto bull market cycle , with most projects rallying to impressive gains. However, some cryptocurrencies outperformed others, led by strong momentum and favorable narratives, which could happen again in Q1 2025. In this context, Finbold turned to Grok 2, an artificial intelligence model (AI) designed by Elon Musk ’s company xAI . We asked Grok to pick two cryptocurrencies that have a good chance of outperforming the market in 2025’s first quarter. The xAI most-advanced model was used given its ability to scan X and the web for up-to-date data and analysis. Some experts believe Grok AI could one day replace Google due to its real-time scanning feature and accuracy. Grok AI is bullish on Ethereum (ETH) for Q1 2025 As a response , Grok AI first picked Ethereum ( ETH ) as a promising cryptocurrency for Q1 2025, expecting an altseason. In particular, the model considered seven posts and 15 web pages while delivering this result. Ethereum has shown significant growth and still plays a key role in decentralized finance ( DeFi ), benefiting from positive network effects. On that note, Grok found three analyses that anticipate ETH will continue its upward trajectory to new all-time highs. “This is supported by its established developer community, wide adoption in decentralized applications, and the increasing interest in Ethereum-based NFTs and DeFi protocols.” – Grok AI Grok 2 picks Ethereum (ETH) to outperform other cryptocurrencies in Q1 2025. Source: Finbold / Vini Barbosa (@vinibarbosabr) Grok AI picks Solana (SOL) to outperform other cryptocurrencies Notably, Grok’s second pick is Solana ( SOL ), which is getting the spotlight for its “high transaction throughput and low costs.” According to the analyses, Solana has proven a strong contender against Ethereum’s DeFi and NFT dominance, conquering significant market share. SOL was one of the best performers in 2023 and also in 2024, displaying solid momentum among the top cryptocurrencies. Grok believes Solana can do it again in the first quarter of 2025. “Solana’s ecosystem has been expanding, with growing interest from both developers and investors due to its speed and scalability. Various sources indicate that Solana might see considerable growth due to its fundamental strengths and the momentum from its recent market performance.” – Grok AI Grok 2 picks Solana (SOL) to outperform other cryptocurrencies in Q1 2025. Source: Finbold / Vini Barbosa (@vinibarbosabr) Nevertheless, Grok can always make mistakes, and investors should not consider this analysis alone when making financial decisions. As disclosed, these cryptocurrencies have established market presence and ongoing technological advancements, benefiting from positive market sentiment, but other projects could surge in the fast-evolving cryptocurrency market as we move into 2025. Featured image from Shutterstock. The post AI picks 2 cryptocurrencies that will outperform others in Q1 2025 appeared first on Finbold . CoinTurk News
Crypto.com Announces Launch of New Custody Service for High Net Worth Clients in US and Canada
The Singapore-based digital asset exchange giant Crypto.com plans to offer custody services for high-net-worth individuals and institutions in the US and Canada. This week, the exchange announced the launch of a US trust company to enable the new services. Crypto.com also plans to shift all US and Canadian customer digital assets to the new trust company for custody in the next few weeks. Kris Marszalek, co-founder and chief executive of Crypto.com, says the move reflects the firm’s confidence in the North American market. “Launching a U.S. trust company is our latest significant step in our product roadmap to building our business and presence in two of the most important and active crypto markets in the world – the U.S. and Canada.” Marszalek met with US President-elect Donald Trump at Mar-a-Lago earlier this month to discuss the possibility of a national Bitcoin ( BTC ) reserve, among other things. Earlier this year, Crypto.com acquired the US broker-dealer Watchdog Capital to launch equities trading for American customers. The New Hampshire-based broker is registered with the Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA), a self-regulatory organization that creates and enforces rules for brokerage firms. Crypto.com is the 16th-largest digital asset exchange in the world in terms of 24-hour normalized volume, according to CoinGecko . Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Crypto.com Announces Launch of New Custody Service for High Net Worth Clients in US and Canada appeared first on The Daily Hodl . CoinTurk News