Author: cointechies
Cryptocurrency investors are abuzz with anticipation as certain digital coins show signs of explosive growth. Solana (SOL) and Uniswap (UNI) are attracting attention due to promising developments. Additionally, a new memecoin with bullish momentum is coming into the spotlight. These assets could be poised for a significant rally, attracting traders looking for the next big opportunity. Catzilla Destroys Chaos: The Meme Coin for Warriors of Crypto In a world where financial freedom seems unattainable, a new opportunity arises:Catzilla! Born from the hustle and bustle of meme culture and on the way there explosive growththis is the meme coin investors have…
Former Bithumb CEO Lee Sang-jun has reportedly been sentenced to prison after being found guilty of receiving cash and gifts to participate in a fraudulent token listing scheme. Local Korean news outlet The Hankyoreh Reports The Seoul Southern District Court sentenced the 55-year-old to two years in prison and a fine of 52 million won ($35,367) for receiving money and lavish items as bribes from businessman Kang Jong-hyun. Kang reportedly spent 3 billion won (approximately $2 million) in cash and over $272,000 worth of luxury watches, designer bags and exclusive restaurant membership cards to get a coin listed on Bithumb.…
An under-the-radar project focused on artificial intelligence (AI) is defying the crypto market downturn as tokenomic upgrade plans take shape. The AI agent project utility token ai16z (AI16Z) is trading at $1.52 at the time of writing, up 23.7% in the last 24 hours. With a market cap of $1.65 billion, the Solana (SOL)-based altcoin is the 79th largest crypto project. Meanwhile, Bitcoin (BTC) is down almost 2% on the day and is trading at $91,998 at the time of writing. The total crypto market cap is valued at $3.36 trillion at the time of writing, down 3.4% in the…
Ondo Finance and Plume Network are collaborating to bring Ondo’s tokenized U.S. Treasury bond products to more investors across the real-world asset financing ecosystem. The partnership between Ondo Finance (ONDO) and the Layer 1 modular blockchain for RWAfi Plume Network targets RWAfi. According to the two platforms, the goal is to expand access to products like Ondo US Dollar Yield (USDY) across the Plume Network. By combining Ondo’s expertise in sovereign bond-backed yieldcoins and Plume’s RWAfi-tailored infrastructure, the two projects can simplify onboarding and capital integration. The native issuance of Ondos USDY on Plume is a step in this direction.…
AI-driven tokens, AI16Z, AIXBT and Virtuals Protocol, are gaining significant attention in the crypto world, especially due to their association with AI-driven trading bots. The AI16Z token has attracted a lot of attention due to its role in a decentralized hedge fund model. It allows holders to participate in governance and influence fund decisions through AI-powered agents. AI16Z price, source: CoinMarketCap AI16Z recently experienced a strong price increase of 140%, reaching $1.56. AI16Z reached an all-time high of $1.62 on December 30, 2024. The token’s market cap is $1.71 billion, with a trading volume of $155.68 million in the last…
Disclosure: This article does not constitute investment advice. The content and materials presented on this site are for educational purposes only. The meme coin market is down 2.23% to $96.5 billion, but Wall Street Pepe is bucking trends and has raised $38 million since launching on December 3rd. The meme coin market is down 2.23% in the last 24 hours, pushing its value to $96.5 billion, a far cry from its ATH of $137 billion earlier this month. Despite the bearish market sentiment, Pepe-themed meme coins are seeing gains today, with Pepe (PEPE) and Book of Meme both gaining over…
AI-powered investment DAO ai16z is exploring launching its own Layer 1 blockchain network as part of a broader overhaul of tokenomics. The project is also considering creating a pump.fun-like platform for launching AI agents. According to a post on the governance forum, ai16z contributors envision the AI Agent Launchpad as “the primary way to implement ‘flywheel’ tokenomics that increase the value of $ai16z,” the project’s native token. Mechanisms being considered include charging a percentage of startup fees, requiring Z$16 in holdings for allocation, using Z$16 for initial agent offerings, and pairing agent tokens with Z$16 in Liquidity pools. The proposed…
A closely followed crypto analyst says one factor could cause Bitcoin (BTC) to plummet to $85,000. In a new thread on the social media platform, a significant price drop. “BTC is starting to collapse. If USDT.D tests 4.7-5%, Bitcoin looks set to rise to $85,000.” Source: Justin Bennett/X According to Bennett, the market will only bottom when Tether dominance reaches the target range. The dominance level of an asset is the ratio between its market capitalization and the market capitalization of the entire crypto market. “My plan hasn’t changed. I still think we will get Tether dominance into the 4.7-5%…
Tether, the issuer of the $140 billion stablecoin leader USDT, increased its Bitcoin holdings by $700 million. Tether added 7,629 Bitcoin (BTC) worth about $700 million to its corporate crypto reserve address on December 30, according to transaction data from on-chain insight provider Arkham. The (USDT) stablecoin operator currently holds 82,983 BTC worth $7.7 billion at current Bitcoin prices of $92,300. It also holds $6 billion in its USD stablecoin and less than $300 million in its other stablecoins and Crypto.com’s CRO token. In May 2023, Tether announced that it would begin purchasing Bitcoin to diversify its portfolio and revenue…
Grayscale’s research arm has updated its list of the top 20 cryptocurrency assets to watch in the first quarter of 2025. Based on several factors, Grayscale Research has updated its list of cryptocurrencies with potential in the first quarter of 2025. The list includes six new, diversified tokens including HyperLiquid (HYPE), Ethena Labs (ENA), Virtuals Protocol (VIRTUAL), Juputer (JUP), Jito (JITO), and Grass (GRASS). Chainlink (LINK), Helium and Optimism (OP) made it into the top 20 again, while Celo was excluded from the updated list. Grayscale Research considered several metrics including network adoption, growth catalysts, fundamentals, tokenomics, supply data, and…