Ethena’s price experienced a notable dip after on-chain data revealed that Arthur Hayes, the co-founder of BitMEX, moved a significant amount of tokens. Following his transactions, Ethena’s token price retreated to $1.10, a drop of over 16% from its intraday high of $1.2240. This marked a sharp decline after the cryptocurrency had surged earlier in […]

The cryptocurrency market has delivered impressive returns for major hedge funds, particularly Brevan Howard and Galaxy Digital, who have capitalized on Bitcoin’s stellar rise. With Bitcoin reaching a high of $108,000, these hedge funds have emerged as top performers, showcasing the growing potential of crypto investments. According to data from Hedge Fund Research, cryptocurrency-focused hedge […]

MicroStrategy founder Michael Saylor proposed a groundbreaking idea on Friday for establishing a strategic Bitcoin reserve, a move that could potentially transform the financial future of the United States. Saylor’s proposal suggests that the U.S. Treasury could generate between $16 trillion and $81 trillion in wealth by holding Bitcoin, which would significantly aid in addressing […]

CYBRO, the native token of an AI-powered earn marketplace, has seen an impressive surge in its price, increasing by over 200% in just 24 hours following its listings on major cryptocurrency exchanges MEXC and Gate.io. This massive price jump came after the token was listed on both platforms on December 14, 2024. Starting at a […]

Plume Network has announced a strategic partnership with Google Cloud and CloudMile to transform the onboarding process for real-world assets (RWAs) using artificial intelligence. This collaboration, revealed on December 20, aims to leverage advanced AI technologies to automate and enhance the appraisal and tokenization of RWA projects. Plume, a full-stack layer-1 blockchain, plans to utilize […]

Tether, the company behind the world’s largest stablecoin, USDT, is preparing to diversify its business by expanding into the artificial intelligence (AI) sector, with plans for an AI platform launch in the first quarter of 2025. This move marks a significant shift for the company, which has traditionally relied on USDT to generate revenue. CEO […]

Quantum BioPharma Ltd., a Nasdaq-listed biotechnology and medical research company, has made a strategic move by purchasing $1 million in Bitcoin and other cryptocurrencies. This decision, approved by the company’s board of directors, marks a significant step toward embracing digital assets as part of its broader financial strategy. The company aims to explore future financing […]

On December 20, Horizen (ZEN) saw a dramatic 60% price spike in just 24 hours, making it one of the top gainers in the cryptocurrency market as the broader market rebounded from a sharp sell-off. Bitcoin (BTC) and Ethereum (ETH) also experienced notable gains, with Bitcoin rising above $97,000 and Ethereum pushing past $3,400. Horizen’s […]

Multiple Network, a prominent player in the intersection of decentralized ecosystems and AI technology, has announced a significant brand upgrade aimed at addressing privacy and efficiency challenges in the AI sector. This rebranding aligns with the company’s focus on enhancing the privacy and data acceleration capabilities of its network, leveraging advanced technologies like P2P (peer-to-peer) […]

DuckChain, a layer-2 solution designed to enhance the scalability and functionality of the TON blockchain, has announced several strategic developments, including a significant $5 million financing round and key partnerships with industry leaders. The $5 million investment round attracted major investors such as dao5, Offchain Labs, Kenetic Capital, DWF Ventures, Oak Grove Ventures, Skyland Ventures, […]