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Market Alert: Actelis Networks Receives Buy Rating and $5 Price Target from Analyst Theodore R. O’Neill

Global Markets News

Actelis Networks Inc. (NASDAQ:ASNS), a leader in hybrid fiber-copper and cyber-hardened networking solutions, has received a vote of confidence from analyst Theodore R. O’Neill of Litchfield Hills Research. O’Neill has initiated coverage with a "Buy" rating and a price target of $5, citing Actelis’ innovative technology, growth trajectory, and potentially undervalued shares. A Leader in Cyber-Hardened IoT Networking Actelis (NASDAQ: ASNS) is a pioneering provider of rapid-deployment networking solutions for IoT and mission-critical broadband applications. The company's core technology enables fiber-grade performance over hybrid fiber-copper networks, a significant advantage for sectors needing cost-effective solutions without extensive infrastructure overhauls. The report also highlights Actelis’ "Cyber Aware Networking" initiative, which integrates AI-driven cybersecurity into its networking solutions. The report underscores Actelis' "well-protected technology moat," supported by 31 granted U.S. patents and proprietary trade secrets, which give the company a unique edge in a competitive market. Its Triple Shield Protection technology ensures secure, high-speed connectivity across diverse media types, such as fiber, coax, and copper, enabling seamless integration even in challenging environments. The analyst highlights the strength of Actelis' product portfolio, including the MetaLIGHT and GigaLine series, which address critical needs in intelligent traffic systems (ITS), military, utilities, and smart city projects. The report also notes the recent addition of the GL900 series, which offers ultra-low-power solutions tailored for multi-dwelling units (MDUs). Strong Growth Strategy The report points to Actelis’ strategic shift in 2023, where the company redirected its focus from legacy telecom customers to industrial and government clients. This shift has already shown results, with triple-digit year-over-year revenue growth reported in Q3 2024 and expectations of continued double-digit growth into 2025. Additionally, the report emphasizes Actelis’ global reach, serving over 300 customers across 30 countries, and its blue-chip client list that includes government agencies, transportation authorities, and defense organizations. Notably, recent deployments, such as modernizing Washington, D.C.'s traffic network, highlight the reliability and versatility of its solutions. O’Neill’s analysis suggests that Actelis shares, which closed at $1.03 on December 20, could be significantly undervalued. The report projects a $5 price target within 12 months based on discounted future earnings, using an 8% discount rate and assuming sustainable growth driven by Actelis’ innovative products and market position. The report further highlights Actelis’ steep discount to peers, trading at just 0.53x 2025 market cap/sales compared to a peer group average of 4.3x. If the stock were to trade at the peer group average, its valuation could exceed $8. The report also addresses several risks, including industry competition, regulatory challenges, and Actelis’ history of operating losses. However, it notes that financial risks appear manageable, with sustainable breakeven projected by late 2025 or early 2026 at quarterly revenue levels of approximately $3.4 million. Conclusion The initiation of coverage by Litchfield Hills Research marks an intruging endorsement for Actelis Networks. The report highlights Actelis’ robust technology portfolio, proven market presence, and significant growth potential as reasons for optimism. Actelis’ innovative approach to leveraging hybrid fiber-copper networks and its focus on cybersecurity position it well to potentially capitalize on the growing demand for modernized critical infrastructure. Based on the report, As urbanization and IoT adoption accelerate, Actelis is could to capture a larger share of this multi-billion-dollar market. * * * Important disclaimers and disclosures: This article includes speculative forward looking statements. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those in the forward-looking statements as a result of various factors. Companies in emerging industries such as Actelis (the “company”) are volatile and risky and readers are advised to seek out professional advice in the relevant fields from licensed professionals. This article was issued by Global Markets Media, a commercial digital brand operated for IR purposes who's operators are compensated by actelis for coverage and distribution services. The above content is for informational purposes only and it is not intended to serve as financial or investment advice and this constitutes an advertisement for the purposes of section 17(b) of the securities act. This above content has not been reviewed or approved by the company. Please review the full disclaimers and disclosures detailing conflicts of interest [ https://justpaste.it/ecto7/pdf ]. The report mentioned was issued by a licensed analyst who is subject to his own conflicts of interest and disclainers/disclosures and readers are advised to refer to the full report. Contact Details News Coverage ronald@futuremarketsresearch.com

December 23, 2024 08:10 AM Eastern Standard Time

Solana Price Prediction: Bulls See SOL Rising To $500, How Could This New Meme Coin Perform

Cutoshi

The latest bull market has been a real boom for Solana. After recently reaching its all-time high, it still has momentum. With likely upcoming regulatory changes, Solana could see a major influx of capital, propelling it even higher. In this context, tokens at the intersection of memes and DeFi will do well. In particular, one DeFi token, Cutoshi, is gaining major traction. Can Solana Reach $500? Solana (SOL) has taken advantage of the bull market, and it likely won’t stop. After reaching an ATH of $263.83 in November, it stabilized at $233, which is still a multi-year high level. Moreover, several factors point to the rally continuing. The crypto market rally came with the latest election. Notably, the more pro-crypto candidate, Donald Trump, won. What is more, crypto companies played an important role in the campaign, pouring billions toward electing pro-crypto candidates. This effort seems to be paying off already. Solana is one of the projects that could benefit the most from this development. For one, Solana Labs is based in San Francisco, meaning that US regulations affect it more than other chains. On the other hand, altcoin is the likely next candidate for spot ETF approvals. Solana spot ETFs have the potential to bring hundreds of millions in capital into Solana, significantly boosting its price. These facts are affecting investor sentiment and momentum, which is showing up in Solana’s technicals. Notably, Solana’s moving averages, which track its price momentum, indicate a strong buy. Moreover, the oscillators are neutral but not in overbought territory. Due to fundamental factors and favorable technicals, analysts are bullish. Current predictions see Solana doubling in the coming months and testing the key psychological level of $500. MemeFi Token Cutoshi Sees $1.37 M In Investments As investors are attracted by Solana’s DeFi ecosystem and strong meme coin activity, competitors are also getting a boost. One of them is the memeFi token Cutoshi (CUTO), which became viral after reaching a key milestone of $1.37 million in investments. Cutoshi has raised more than $1.37 million in its presale. This indicates investor interest in projects at the intersection of memes and DeFi. Cutoshi is both a meme coin and a DeFi utility token. As such, it features a multichain DEX, a learning platform, and a host of essential DeFi features. The entire ecosystem favors decentralization and hopes it can use memes to get more people to understand its benefits. One of the key benefits is self-custody, which means that users on Cutoshi DEX retain full control over their assets. This boosts security and prevents fraud. With the crypto market currently focused on utility, projects that aim to bring more people into DeFi have significant potential. What is more, Cutoshi can also benefit from the potential meme coin virality factor. If meme coin traders pick up on this cute token, it has the potential to supercharge its mission. In any case, Cutoshi’s presale revenue puts it in a good position to start building its ecosystem. Whether or not it succeeds in the long run will depend on its ability to convince users about the benefits of DeFi. For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

December 22, 2024 10:02 AM Eastern Standard Time

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Dogecoin News: Will DOGE Reach $1 Before The Ethereum Price Reaches $7,000?

Cutoshi

With Bitcoin reaching a new all-time high, Ethereum (ETH) and Dogecoin (DOGE) are climbing too. The rise in prices is real. Now, analysts are looking at which one will reach key price points next. Ethereum's Bullish Momentum DeFi giant Ethereum (ETH) has seen a slow performance this year, but its momentum is now picking up. Currently, it is trading at $3,929, with a year-to-date rise in price by 75%. A part of this growth is due to the overall market momentum, as well as changing sentiment around Ethereum itself. Regulatory changes in the US are significantly impacting its appeal. With crypto going increasingly mainstream, Ethereum is a favorite for institutions, after Bitcoin. This is why Ethereum ETFs have seen record inflows in the past month, together with Bitcoin ETFs. The influx of institutional money is bound to push Ethereum up significantly in the coming months. Analysts are predicting Ethereum to reach $4,500 in one month. If it manages to break this key resistance, its potential is even higher. What is more, the recent rally focused particularly on DeFi tokens and Ethereum is the largest among them. For this reason, if Ethereum manages to stay above its key level of $4,500, it could reach $7,000 in three months. Dogecoin's Rise In Popularity Dogecoin (DOGE), Elon Musk’s favorite meme coin, is quickly getting attention once again. Traders are now looking at a potential repeat of the 2021 price surge. At the time, DOGE reached its ATH after the GameStop saga, fueled by retail traders and Musk’s constant tweets. Currently, DOGE is priced at $0.4108 after dancing around the $0.4 mark for the past month. This is a significant level, reached after the November election, carrying it from $0.1. What carried its growth was Elon Musk’s position in Trump’s coming administration. Traders expect Musk will not miss an opportunity to use his new high-profile position to promote Doge. In fact, Musk has already named its Department of Government Efficiency (DOGE) after the token. Still, a $1 price target is ambitious for Dogecoin. How quickly it attains this level will likely depend on whether the meme coin markets heat up again. In that scenario, Dogecoin could reach $1 in two months. Cutoshi Unites Both Memes And Utility Whether Dogecoin or Ethereum wins out in this race depends largely on markets favoring either memes or utility. However, one token will likely do well in both scenarios. MemeFi Cutoshi (CUTO) is a unique blend of memes and utility, appealing to both types of traders. Recently, Cutoshi broke a key milestone, reaching $1.37 million in presale investments. Once the presale is over, the token will be listed on major exchanges, with more opportunity for growth. The key behind Cutoshi’s viral status is its appeal to both DeFi traders and memecoin investors. It is both a meme coin and a DeFi ecosystem, complete with a multichain DEX, a learning platform and more. This way, Cutoshi hopes to use memes to attract users to DeFi and educate them about its benefits. With more and more users that understand the importance of self-custody and decentralization, projects like Cutoshi have a real chance to grow the DeFi industry. For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Custoshi. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

December 21, 2024 10:23 AM Eastern Standard Time

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Market Alert: Actelis Networks Introduces MetaShield, Pioneering AI Solutions for Critical Infrastructure Protection (NASDAQ: ASNS)

Global Markets News

Actelis Networks (NASDAQ: ASNS) has just announced the launch of MetaShield, a groundbreaking AI-based cybersecurity solution poised to redefine security protocols for IoT and critical infrastructure networks. This pivotal is representative exemplifies Actelis' visionary approach and marks a significant leap forward in its mission to enhance networks across the globe, setting a new standard in creating robust and secure IoT networks and achieving critical infrastrucutre modernization. Addressing Growing Threats to Critical Infrastructure The introduction of MetaShield is particularly significant as it directly responds to the increasing frequency and sophistication of cyber threats targeting critical infrastructure. With cyberattacks on essential systems reportedly surging by 30% in 2023, organizations across sectors are under immense pressure to bolster their defenses. MetaShield’s advanced capabilities, including real-time anomaly detection and AI-driven threat mitigation, empower Actelis to offer a proactive solution that not only secures networks but also safeguards vital operations. This focus on protecting critical infrastructure aligns Actelis with the urgent needs of governments and industries, positioning it as a trusted partner in enhancing national and operational security. Expanding Opportunities for Upselling MetaShield is not just a standalone product; it represents a strategic opportunity for Actelis to deepen its relationships with existing clients and explore upselling potential. As organizations adopt MetaShield, Actelis can leverage this integration to provide additional services and upgrades, enhancing customer loyalty and increasing revenue per client. This ability to deliver comprehensive, layered security solutions creates a compelling value proposition, ensuring that Actelis remains indispensable to its clients' operational needs. A Lean and Growing Software Business Model The launch of MetaShield signifies a critical step towards a growing Software as a Service (SaaS) model that can drive recurring revenue and solidify Actelis’ position within the cybersecurity sector. By establishing a lean, software-focused business model, Actelis is positioned to capitalize on the growing demand for subscription-based cybersecurity solutions. This shift may not only only enhances the financial position in the long term, but also aligns with broader industry trends where clients prefer flexible, scalable solutions that adapt to their evolving security needs. Moreover, the ongoing software revenue stream may further allow Actelis to invest in continuous innovation and development, ensuring that its solutions remain at the forefront of cybersecurity technology. As the market for cybersecurity solutions continues to expand, Actelis' commitment to a growing software business model will be essential for long-term success and competitiveness. A New Era for Actelis Networks In summary, the announcement of MetaShield marks a revolutionary step for Actelis Networks, showcasing its commitment to innovation and leadership in the cybersecurity landscape. By addressing the urgent needs for robust security in critical infrastructure, creating upselling opportunities, and transitioning to a lean software business model, Actelis is exceptionally well-positioned to meet the growing demand for integrated security solutions. The launch of MetaShield could not only elevate Actelis' market position but also reinforce the resilience of critical infrastructure in an interconnected world. This launch is not just a new product; it may very well be the start of a transformative chapter for Actelis Networks as it aims to shape the future of cybersecurity. Read Actelis Networks' Latest Announcements * * * * This news alert may include speculative forward looking statements. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those in the forward-looking statements as a result of various factors. Companies in emerging industries are volatile and risky and readers are advised to seek out preffesional advice in the relevent feilds from licensed profesionals. This news alert was issued by Global Markets Media, a commercial digital brand operated for IR purposes who's operators are compensated by actelis for coverage and distribution services. The above content is for informational purposes only and it is not intended to serve as financial or investment advice and this constitutes an advertisement for the purposes of section 17(b) of the securities act. Please review the full disclaimers and disclosures detailing conflicts of interest [https://justpaste.it/ecto7/pdf]. Contact Details Global Markets News Desk ronald@futuremarketsresearch.com

December 20, 2024 09:00 AM Eastern Standard Time

Should You Still Buy Dogecoin Over $0.40? Here Are 2 Alternatives Under $1 With More Potential

Cutoshi

At this point, it would be surprising for Dogecoin (DOGE) not to reach $1 and beyond. The meme coin king continues to dominate the space as it cemented itself as a legitimate asset in the broader market. With that being said, there are other altcoins that could surpass Dogecoin in terms of ROI. While Tron (TRX) is an obvious example, a new arrival, Cutoshi (CUTO), could soon take the spotlight. Dogecoin Is Struggling To Breakout After Month-Long Consolidation When Donald Trump won the US presidency in early November, Dogecoin stunned the market with a triple-digit rally that saw its price multiply in the span of a few days. However, shortly after, Dogecoin began stalling as its momentum waned and selling pressure increased. After peaking at $0.47 Dogecoin (DOGE) entered a narrow trading channel with its price fluctuating around the $0.40 mark. On the other hand, whales continue to bolster their Dogecoin position in anticipation of a new rally. Analyst Ali Martinez has shared impressive on-chain numbers on X, highlighting a recent buying spree that saw large wallets spending over $64 million to purchase 160 million DOGE. In regards to Dogecoin’s price action, renowned DOGE bull KrissPax has highlighted a bull flag pattern on the chart. According to Kriss, a breakout above the trendline could propel Dogecoin to $0.69 by the end of the year. If this projection plays out, the prophesied $1 DOGE could become a reality in Q1 2025. Tron Is Retesting Lower Levels After ATH Run Tron (TRX) has been in up-only mode since bottoming out in 2022. In late 2024, Tron entered escape velocity as it tore through major resistance levels with ease and reached a new all-time high for the first time since 2018. However, after tagging the $0.42 peak, Tron’s price started to decline as bears stepped in. At press time, Tron trades at $0.28 following a 6.1% intraday decrease which was accompanied by an 18.8% decline in 24-hour volume, with roughly $1.88 billion worth of TRX traded across exchange platforms. However, analyst Anni Sarahayu points out on X that a Tron is printing a string of higher lows on the 4-hour chart. This teases an incoming breakout which could send Tron soaring to new heights by the end of December. At $24.7 billion, Tron’s market cap is worth less than half of Dogecoin's $60 billion, meaning that investors looking for projects with a proven track record and much greater room for growth could consider adding TRX to their portfolio. However, there could be an even better option. Cutoshi’s Farming Mechanism Is Turning Heads Cutoshi is already making waves with its hybrid framework that merges meme lore with DeFi functionality, creating the first-ever MemeFi ecosystem. The project is centered around CUTO DEX, a cross-chain, fully private, decentralized exchange that could soon give established protocols like Uniswap or Rayidium, a run for their money. Investors will be able to perform lightning-fast transactions on all major blockchains at some of the lowest fees on the market. Japanese Lucky Cats are said to bring prosperity to businesses. Cutoshi brings good fortune to the blockchain. Cutoshi Farming is one of the platform’s most intriguing features. Users will have the opportunity to earn massive prizes while growing their $CUTO portfolio. They will be tasked with completing fun missions aimed at expanding Cutoshi’s online reach. In exchange for their efforts, they will receive CUTO points which can be redeemed for more $CUTO once the token hits the markets. Moreover, a staking option will soon be available as well, allowing holders to put their $CUTO to work and tap into a passive income stream. Stage 4 of the presale is now live and over $1.37 million has been raised so far. $CUTO sells for just $0.031, making this the perfect entry point for early adopters who want to capitalize on this new DeFi-driven meme coin. For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Custoshi. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

December 20, 2024 07:45 AM Eastern Standard Time

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A Bullish XRP Flag Emerges As Speculation Heats Up For $5, Floki And Cutoshi Set For Better ROI

Cutoshi

Ripple (XRP) is currently in consolidation mode after a memorable triple-digit rally that saw it scale the crypto ranks with ease. However, it seems that the rally is far from over, as bullish signals have started flashing again on the chart, teasing the next leg up. Meanwhile, amid the meme coin craze, investors have started shifting their attention toward utility-focused memes such as Floki (FLOKI) and Cutoshi (CUTO). Is Ripple Ready To Fly Again? Here’s What Analysts Say Between November and early December, Ripple (XRP) stunned the crypto space with a 400% surge that saw it peak at $2.83, a level unseen since 2018. Predictably, a pullback followed once holders began taking profit, forcing a retest of the $2 floor. At the time of writing, Ripple trades at $2.45 with 1.8% in daily gains and a 16.5% decline in 24-hour volume, with roughly $9.8 billion worth of XRP changing hands on trading platforms. Experts agree that Ripple could be on the verge of a massive breakout. Analyst AllInCrypto confirms this thesis as he draws attention to a bull flag formation on the 4-hour chart. Once Ripple flips the descending trendline, it could enter escape velocity, possibly surpassing $5 by the end of the year. This potential is also reflected by the series of catalysts lining up for Ripple. For starters, regulators have greenlighted the release of the highly anticipated Ripple stablecoin RLUSD. Moreover, financial giants and fund managers, including Greyscale and Wisdomtree, have already submitted their applications for a Spot XRP ETF, which will entice institutional clients to start investing in Ripple at scale. Floki Is Building A Foundation For The Next Moonshot. Right now, Floki (FLOKI) sells for $0.00024 with a 5.5% weekly increase and it has been moving in a narrow channel around this mark for the past month. Floki has yet to attempt a reclaim of the $0.00034 all-time high that was tagged in June, but this could happen at any time, as volume has been on the rise and interest is growing steadily. Analyst CryptoBull has drawn an interesting parallel between Floki’s current price action and the performance of Cardano in 2021. He points out that Floki is closely following Cardano’s previous movements and that its current range could serve as a springboard that could propel Floki to new heights. Moreover, Floki’s long-awaited metaverse game Valhalla is set to launch in early 2025. This coincides with the expected resurgence of the crypto game, which is a narrative that has been missing from the landscape. Cutoshi Is Spearheading The MemeFi Revolution. Cutoshi merges meme vibes and DeFi functionality in a single, innovative platform. With this unique blend, the project wants to redefine meme coins as something more than purely speculative assets. Japanese Lucky Cats are said to bring good luck to businesses, while Cutoshi brings good luck to the blockchain, embodying the values of privacy and decentralization. The cornerstone ideals that drove Satoshi Nakamoto to create Bitcoin. At the center of Cutoshi’s ecosystem is CUTO DEX, a decentralized exchange that will allow for near-instantaneous transactions across multiple blockchains for just 0.25% in fees. Users can also participate in the Cuto Farming initiative and complete various missions and tasks aimed at boosting Cutoshi’s presence on social media. For their loyalty, they will receive CUTO points that can be redeemed for $CUTO tokens once the presale wraps up. Stage 4 of the presale is now underway and so far, over $1.37 million has been raised. Tokens are on sale for just $0.031, a perfect entry point for early adopters, as the price is expected to soar much higher in the upcoming months. For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Custoshi. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

December 19, 2024 02:28 PM Eastern Standard Time

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Educating The Next Wave Of Crypto Enthusiasts, Will The Rest Of The World Adopt Crypto?

Cutoshi

As crypto surges in yet another four-year bull run cycle, mass adoption of crypto is still quite low. Here we examine the current state of affairs and look to the future of blockchain and what will drive the next wave of crypto. One coin in particular, Cutoshi, is gaining traction in the DeFi market. Who Is Adopting Crypto And Where? According to data from Triple A, around 6.8% of the world is using or trading crypto. But which countries have the highest adoption? With the size of the US economy and the recent pro-crypto US election win, it would be easy to assume that the US is the world leader. But as Chainalysis reports, Central & Southern Asia and Oceania are leading the way with crypto adoption. They use an interesting set of methodologies that help to even out the currency differences that might obscure the real adoption rate. But even without these advanced methods, we see a report conducted in September, India is in the lead, with a huge 29% adoption rate. Nigeria is next with 25%, closely followed by Vietnam and then Australia. In contrast, the US comes in at 13% and Germany at 6%. Image from BuyBitcoinWorldwide.com Men are 2.8 times as likely to own crypto as women and younger people are more likely to have crypto. Are These the Real Stats? It’s unclear how the adoption of the crypto Spot ETFs affects this data, since asset managers like BlackRock are now the biggest holders of Bitcoin. These asset managers tend to provide for large institutions, high net worth individuals and pension funds. Because of that, many ordinary people who haven’t yet gotten into crypto may actually have indirect exposure and will not be represented by the stats above. Given the rapidly aging workforce, lower birth rates and growing longevity of the Global North, it's likely that pension funds will continue to increase their exposure to the high yields of Bitcoin and other cryptos. What’s Going To Happen In The Near Future? The pro-crypto Trump administration is likely to greatly boost crypto adoption in the US and beyond, signaling to the world that cryptocurrencies are a legitimate investment vehicle. This comes as the Federal Reserve officially recognized Bitcoin as ‘Digital Gold’, seeing it not as competition for the dollar, but rather as competition for gold. The Role Of Education We can see mass adoption of education, as more than 68% of Americans say they don’t understand how it works and 37% of current crypto investors also feel confused. The crypto industry is aware of this and there are many places offering crypto education such as the Polkadot Academy. However, for many, Polkadot Academy is still too technical. Since meme coins continue to be extremely popular, especially with those new to crypto, this is one way to bring people into the fold. The Lucky Cat Offers A Way Into Crypto Cutoshi is a meme coin based on the Chinese Lucky Cat, with cute and nostalgic 8-bit graphics, reminding people of computer games from their childhood or a retro vibe. But underneath the hood, Cutoshi is building a DeFi ecosystem. There will be a cross-chain DEX to make things less confusing, easier and cheaper for newbies and even seasoned investors. There will also be a Cutoshi Learning Academy, in the same 8-bit style. Making learning about crypto and decentralized finance appealing and entertaining, as well as educational. As Cutoshi is currently in presale it also offers people a potentially good opportunity for high returns. After the presale, Cutoshi will continue to bring more people to crypto, building an engaging community to increase a sense of inclusiveness. Continually refining their educational approach, so that they can introduce more of the world to crypto. For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Custoshi. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

December 19, 2024 12:38 PM Eastern Standard Time

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Best Cryptocurrencies To Replace Solana In Your Portfolio For Bigger ROI

Cutoshi

After verging on the brink of collapse in 2022, Solana has seen a strong recovery. Ecosystem upgrades and the meme coin frenzy have proven that Solana is more resilient than it seems. Despite this, cracks are starting to appear in the Solana network. Ongoing concerns with centralization, as well as controversies around the Solana-based Pump.fun meme coin platform, are putting Solana’s potential into question. For traders that are concerned, Ethereum, Tron and a new memeFi token, Cutoshi, are potential alternatives. Ethereum’s Dominance Remains Unchallenged When it first became prominent, Solana dubbed itself the “Ethereum killer,” touting its high speed and low fees. However, since then, Ethereum (ETH) has managed to retain its dominance. Despite a relatively slow cycle for the biggest DeFi network, there are no signs of anyone overtaking it. Despite retaining dominance in DeFi, with over 50% of TVL of all chains, Ethereum has seen slow growth in price. Last year saw Ethereum underperforming, right up to the latest bull market. Now, Ethereum has recovered its losses, trading at $3,937, with an 80% yearly gain. The underperformance was due to falling fee revenue, which impacted Ethereum’s burn rate. It turns out that layer 2 scaling solutions cannibalized fee revenue on the mainnet. However, this necessary sacrifice of short-term profits is key for Ethereum’s long-term growth. Layer 2 solutions aim to fix the long running issue with Ethereum, its fees and scalability. If the network manages to fix those issues, it will seriously hurt Solana’s competitive edge. At the same time, Ethereum has other advantages compared to Solana. Notably, it has shown consistent reliability, with virtually no downtime since its launch. Moreover, the chain is much bigger and much more decentralized. Tron Is Challenging Solana’s DeFi Ecosystem Solana has always positioned itself as a high-performance chain with a strong ecosystem. In this field, it has a major competitor, Tron (TRX). Its strong DeFi ecosystem, high transaction volumes and recent performance challenge Solana. Tron has retained its position as one of the largest DeFi ecosystems. Currently at $8.495 billion TVL, it holds third place, just behind Solana with $9.432 billion. What is more, its DeFi position has brought Tron to its all-time high of $0.4407 in early December. Source: CMC What is more, unlike Solana, Tron is Ethereum Virtual Machine (EMV) compatible. This opens up its ecosystem to better integration with Ethereum’s DeFi ecosystem. Viral MemeFi Token Cutshi Secures $1.37 M In Investments With Solana’s ecosystem slowing down, another token, Cutoshi (CUTO) is taking the spotlight. This memeFi token is leveraging Ethereum’s ecosystem’s security to challenge Solana’s decentralized exchanges. At the same time, it is an alternative to Solana memecoins. Cutoshi attained viral status after breaking $1.37 million in investments. The reason for this is its blend of memes and decentralization. Cutoshi is using memes to bring more people into the DeFi space. Its multichain DEX aims to make trading accessible on all chains. However, it still leverages Ethereum's security, challenging Solana. The token’s focus on making DeFi more accessible also presents a challenge to SOL. For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Custoshi. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

December 19, 2024 09:22 AM Eastern Standard Time

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AdvicePay Wins 2024 ThinkAdvisor Luminaries Firm Award – Industry Disruption for Financial Planning

AdvicePay

AdvicePay, the industry-leading platform for managing billing, payments, and compliance of fee-for-service financial planning, announced that it has won the 2024 ThinkAdvisor Luminaries Firm Award – Industry Disruption for financial planning in recognition of several new features and integrations. Among the features acknowledged are the Reviewer role, which allows the Home Office to review a deliverable and its supporting documentation in one place, and Attestations, which verifies that both advisors and reviewers followed a firm’s processes when developing and approving deliverables. Earlier this year, the company also integrated with eMoney to provide a single sign-in for advisors while offering other features that make it easier to navigate between the two platforms. In addition to eMoney, AdvicePay offers integrations with other leading fintech providers such as DocuSign, Wealthbox, Salesforce and Pontera. “I’m so proud of our entire AdvicePay team for their quality work and tenacity over the past year and since our inception,” said AdvicePay President, Kelsey Lewis. "This award is a testament to our team's dedication to our mission and to supporting our customers. We're passionate about helping firms embrace fee-for-service planning, and a big part of that is making it easy for the back office to manage. When the process is simple, it's easier for firms to prioritize this model, ensuring advisors can get paid for their knowledge and focus on delivering exceptional value to clients." Last year, AdvicePay’s enterprise customers experienced 36% growth in advisors among firms that adopted all modules including eSignature, Online Check Deposit, and Deliverables. Launched in 2018, AdvicePay now serves more than 11,000 users and has processed 1.5+ million transactions totaling more than $720 million in financial planning fees from more than 215,000 clients. The 2024 ThinkAdvisor Luminaries were announced last week during the MarketCounsel Summit in Las Vegas. For this year’s program, ThinkAdvisor introduced a broadened awards scope, with an expanded focus on fintech. The publication selected 242 finalist organizations and 85 winners for its fourth-annual program. About AdvicePay Established by well-known financial advisors Michael Kitces and Alan Moore, AdvicePay is the industry-leading billing and payment workflow solution created specifically for fee-for-service financial planning. Financial services firms and their advisors benefit from efficient workflows designed exclusively to support their fee-for-service financial planning revenue, including up-to-date compliance and data security management, all in one unified platform. Contact Details Shannon Beck +1 406-412-2047 media@advicepay.com Company Website https://advicepay.com/

December 19, 2024 09:01 AM Eastern Standard Time

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