The AI agent sector has reached a market valuation of $12.5 billion as of December 29. This is a massive improvement from the previous record-breaking $5.1 billion market cap reached as of September 12, 2024. This remarkable growth was majorly fueled by technological advancements in natural language processing. As the abilities of AI agents become…
Maker (MKR) faces bearish pressure with Chaikin Money Flow at -0.17 and open interest dropping to $77 million, signaling seller dominance. Despite a $1.3B market cap decline, MakerDAO achieved record monthly fees of $40M and revenues of $26M in December. Maker (MKR), the leading decentralized stablecoin, has seen a dynamic mix of trends in recent…
The Cardano Foundation is pushing for the mainstream adoption of the protocol in Argentina and LATAM. Amid its push for adoption, the Cardano Foundation is battling internal calls for organizational reforms. The Cardano Foundation (CF) recently announced the blockchain’s expansion in Argentina, emphasizing its relevance in real-world adoption. According to the announcement, Cardano will utilize…
Janover Inc. (NASDAQ: JNVR), an AI-based platform formed for the commercial real estate sector, has now agreed to accept Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) for the payment of particular services. The step is in line with the company’s efforts to advance its financial infrastructure and reflect the integration of digital assets in the…
Michele Korver, head of regulation at Andreessen Horowitz’s blockchain arm, A16z Crypto, has voiced strong opposition to the US Treasury and IRS’s newly issued broker reporting rule. In an official statement, she claims that it jeopardizes the future of decentralized finance (DeFi) innovation in the United States. Treasury’s “Midnight” Reporting Rule Lambasted In a December…
Cardano (ADA) price has been navigating a downward trajectory since hitting its peak price of $1.30 earlier in the year. Despite a modest uptick during the Christmas season, the persistent bearish pattern has led investors to reconsider their stakes in ADA. The cryptocurrency’s continued presence in a descending channel raises questions about its potential to…
Michael Saylor announced today that MicroStrategy purchased over 2,000 BTC on December 30, continuing a broad strategy of Bitcoin acquisition. This is potentially the firm’s final purchase of 2024. The company has continued making major buys in spite of fresh turmoil in the crypto market, furthering speculation of a changed strategy in 2025. MicroStrategy Buys…
XRP velocity is growing amid a sustained boost in XRP Ledger usage. With RLUSD stablecoin and tokenization features, the XRP Ledger looks poised to power more XRP velocity and price growth. The XRPL Ledger (XRPL), a decentralized public blockchain backed by Ripple Labs, has seen heightened activity in the past few weeks. The increasing activity,…
Grayscale Research has updated its top 20 altcoin list for the first quarter of 2025, adding six new digital assets. The list highlights cryptocurrencies the company believes demonstrate strong potential for the upcoming quarter. The Six Tokens According to the December 30 report, this update emphasizes tokens linked to three primary market themes: the U.S….
The idea of adding Bitcoin to national financial reserves is growing, with the United States paving the way and countries like Germany and Hong Kong now considering similar steps. Japan’s Prime Minister acknowledged the potential of Bitcoin as a safe haven during inflation but noted that its price volatility makes it difficult to implement as…
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