Author: cointechies

Disclosure: This article does not constitute investment advice. The content and materials presented on this site are for educational purposes only. Lightchain AI’s $0.003 presale in 2024 impresses with its unique fusion of blockchain and AI and promises big returns. The cryptocurrency market is no stranger to tokens with high potential, but few manage to combine groundbreaking technology with a solid investment case. Lightchain AI (LCAI) has emerged as one of the most exciting presale tokens of 2024, attracting attention through its unique integration of artificial intelligence (AI) and blockchain. Lightchain AI cost just $0.003 in pre-sale and offers early…

Hong Kong lawmaker Wu Jiexhuang suggested that the region should start adding Bitcoin to its national reserves to increase financial security. According to local newspaper Wen Wei Po, Wu said that as a starting point, Hong Kong regulators should study the impact of U.S.-issued Bitcoin exchange-traded funds on the market before deciding to include Bitcoin in the national reserve. He argued that Hong Kong authorities could exploit China’s “one country, two systems” policy to include Bitcoin (BTC) in its national financial security reserve. The newspaper noted that China currently has the second largest Bitcoin reserve worth 190,000 BTC from illegal…

MicroStrategy, the software maker turned Bitcoin development company, increased its total holdings to 446,400 BTC. Chief Executive Officer Michael Saylor announced MicroStrategy’s purchase of Bitcoin (BTC) as usual in a post on December 29th This marks MicroStrategy’s eighth consecutive weekly Bitcoin purchase, bringing the average purchase price to $62,428 per BTC. Since launching its Bitcoin strategy in 2020, the company has spent over $27.9 billion on its BTC holdings. MicroStrategy purchased 2,138 BTC for approximately $209 million at approximately $97,837 per Bitcoin, generating a BTC return of 47.8% QTD and 74.1% YTD. As of December 29, 2024 we hold 446,400…

AGII, an innovative platform at the forefront of AI-driven Web3 solutions, has unveiled its self-learning decentralized networks. This breakthrough technology combines advanced artificial intelligence with blockchain to create systems with dynamic adaptation and autonomy. The launch represents a major advance in decentralized infrastructure, offering networks that evolve in response to real-time data and interactions. In the rapidly evolving Web3 landscape, the need for efficient and adaptable systems is critical. AGII’s self-learning networks use AI models that continuously analyze usage patterns, optimize processes and independently expand their functionalities. This capability equips decentralized applications (dApps) and blockchain platforms with the tools to…

Speculation about a possible listing on two major exchanges may have reignited whale interest and fueled PNUT’s recent rally. Peanut the Squirrel (PNUT) rose 15.4% in the last 24 hours to trade at $0.7102, increasing its market cap to over $710 million. The meme coin’s daily trading volume also increased by 190% and stood at over $596 million at press time. PNUT’s rally came despite a 1.8% decline in the broader $107.3 billion meme coin market and a 3.1% decline in the global crypto market as of press time 3.41 trillion US dollars. Why is PNUT rising? The meme coin…

Crypto.com, a globally recognized cryptocurrency exchange with over 100 million registered users, has entered into a strategic partnership with Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE. DIB, which reported total assets of around $79 billion in 2023, signed a memorandum of understanding (MoU) with Crypto.com to promote the adoption of digital assets and Web3 services in line with Sharia-compliant principles. The MoU was formalized with the participation of key representatives from both organizations: Mohammed Al Hakim, President of UAE Operations at Crypto.com, and Musabbah Al Qaizi, Chief Digital Officer of DIB. The collaboration is intended to…

MicroStrategy, the world’s largest corporate holder of Bitcoin, has continued its accumulation boom, investing $209 million to acquire an additional 2,138 BTC. MicroStrategy adds 2,138 BTC, Source: X According to the announcement, this Bitcoin was purchased at an average price of $97,837. Additionally, the company’s total holdings amount to 446,400 BTC, transacted between December 23 and December 29, 2024, valued at approximately $41.8 billion based on current market prices. MicroStrategy sold 592,987 shares of its stock to finance this acquisition, generating net proceeds of approximately $209 million. As of Dec. 30, the company had about $6.8 billion worth of shares…

Cryptocurrencies such as Ai Companions, Adventure Gold and Acala were among the best performing cryptocurrencies on Monday. AI Companions (AIC), which develops a virtual companionship platform, rose for the second straight day to hit a high of $0.1727 – its highest level in over a week. AIC’s increase is due to continued momentum in artificial intelligence and the expected growth of the virtual society industry, which is expected to reach $9.5 billion in 2032. I posted about it $AIC A few months ago the team was still being built. Let’s take a look at the latest. Important updates:– OKWallet Integration:…

AI agent platform ai16z is making significant strides in the technology industry with initiatives aimed at refining its tokenomics and potentially launching a Layer 1 blockchain specifically designed for AI applications. These developments are in line with ai16z’s overarching strategy to increase the value of its native token and expand its ecosystem. ai16z manages the Eliza framework that facilitates the creation of AI agents and explores these advances to maintain its competitive advantage in the dynamic areas of AI and blockchain. Central to these efforts is a planned overhaul of the tokenomics structure. The platform is considering implementing staking mechanisms…

L1 network HyperLiquid has enabled staking on its mainnet with an initial token lock of $8.4 billion and 16 validators. On-chain perpetual exchange heavyweight HyperLiquid unveiled native staking for its (HYPE) token on December 30, allowing holders to generate rewards for participating on the blockchain. The protocol, known for its decentralized derivatives trading venue, records $2.64 billion in 24-hour trading volume and generates over $1 million in fee income daily, according to DeFiLlama. Within the first hour of staking activation, users deposited approximately 7 million HYPE tokens, spread across 16 validators. Staking involves locking cryptocurrencies to secure decentralized networks, with…