Category Archives: Blockchain

TRX price forms a double bottom as Justin Sun advises buying the dip

TRX price forms a double bottom as Justin Sun advises buying the dip

Tron’s price has recently experienced a strong downward trend, reaching its lowest level in over four weeks. The price dropped to $0.2200, representing a decline of more than 50% from its high in December. This price drop has caused TRX’s market capitalization to shrink from over $26 billion to $19 billion. In response to the […]

Corporate Bitcoin holders are “poised to explode,” according to Bitwise CIO

Corporate Bitcoin holders are poised to explode, according to Bitwise CIO

Matt Hougan, Chief Investment Officer of Bitwise, predicts a significant rise in the number of corporations adding Bitcoin to their balance sheets, driven by the influence of MicroStrategy and shifting regulatory conditions in the U.S. under President-elect Donald Trump. In a recent research note, Hougan emphasized that MicroStrategy’s Bitcoin strategy represents a “bona fide megatrend” […]

Telegram-linked TON plans U.S. expansion

Telegram-linked TON plans U.S. expansion

The TON Foundation, associated with the popular messaging app Telegram, is setting its sights on expanding into the U.S. market, believing that the regulatory environment will become more favorable under the upcoming administration of President-elect Donald Trump. To lead this expansion, the foundation has appointed Manuel Stotz, the founder of Kingsway Capital Partners, as its […]

XRP price rises as RLUSD stablecoin surpasses PYUSD on a key metric

XRP price rises as RLUSD stablecoin surpasses PYUSD on a key metric

XRP’s price has been on an upward trajectory, reaching its highest level in over a month, driven by a broader recovery in the cryptocurrency market. Ripple’s token climbed to $2.60, continuing a rally that began on December 30 when it hit a low of $2, a level that many considered psychologically significant. This rise is […]

UAE’s Sigma Capital launches a $100M fund focused on metaverse and blockchain infrastructure

UAE’s Sigma Capital launches a $100M fund focused on metaverse and blockchain infrastructure

Sigma Capital, a private equity firm based in the UAE, has launched a $100 million fund aimed at driving innovation in the web3 space, including blockchain infrastructure and the metaverse. Known as “Sigma Capital Fund I,” the fund will focus on investing in a diverse range of web3 sectors, such as decentralized finance (DeFi), blockchain […]

Eliza Labs unveils technical whitepaper for the Eliza project

Eliza Labs unveils technical whitepaper for the Eliza project

Eliza Labs has recently made a significant advancement by releasing a technical whitepaper for Eliza, an open-source AI agent operating system. The announcement was made on January 14 by Sam Gao, an advisor at a16z, who highlighted that the whitepaper was co-authored by Shaw, the founder of ElizaOS, along with other contributors from related organizations. […]

Coinbase to list Peanut the Squirrel (PNUT) on the Solana blockchain

Coinbase to list Peanut the Squirrel (PNUT) on the Solana blockchain

Coinbase has officially announced the listing of Peanut the Squirrel (PNUT), a meme coin that has gained attention following a controversial incident. The token will be available for trading on the Solana (SOL) network starting January 14, 2025, at 9:00 am PT, provided liquidity conditions are met. The trading will initially begin with the PNUT-USD […]

Circle partners with Bison Digital Assets to offer MiCA-compliant stablecoins

Circle partners with Bison Digital Assets to offer MiCA-compliant stablecoins

Circle, a leading issuer of stablecoins, has announced a significant partnership with Bison Digital Assets (BDA), a subsidiary of Bison Bank in Portugal, to offer MiCA-compliant stablecoins. This collaboration integrates Circle’s USD Coin (USDC) and Euro Coin (EURC) into BDA’s platform, allowing customers to utilize these stablecoins for a variety of functions, including deposits, withdrawals, […]

Tether to establish its headquarters in El Salvador

Tether to establish its headquarters in El Salvador

Tether, the leading stablecoin issuer, has announced plans to establish its global headquarters in El Salvador, following the recent acquisition of a Digital Asset Service Provider license. The move comes after El Salvador became the first country to adopt Bitcoin (BTC) as legal tender, signaling the nation’s progressive stance on cryptocurrency. Tether CEO, Paolo Ardoino, […]

PancakeSwap burns CAKE tokens worth $19M

PancakeSwap burns CAKE tokens worth $19M

PancakeSwap, the popular multi-chain decentralized exchange (DEX), recently completed a significant token burn, removing nearly 9 million of its native CAKE tokens from circulation. This burn, worth approximately $19 million, was announced on January 13, 2025. The move is part of the platform’s ongoing efforts to manage and reduce the supply of CAKE, maintaining its […]