For years, crypto and AI users have sought to combine both emergent technologies into products greater than the sum of their parts: autonomous agents capable of making human-level decisions and spending digital money to complete complex tasks. In 2024, these lofty dreams started to become reality. There’s still a long way to go, of course. Crypto-powered AI agents capable of…
Month: January 2025
Billion-Dollar Boom: Defi’s December to Remember Caps Year of Unprecedented Growth
End of the year data reveals a thrilling climb in the total value locked in decentralized finance (defi), which ballooned by 133.8% over the past year. December capped off this exciting trend with a flurry of activity as defi and onchain protocols amassed more than $1.5 billion in total revenue during the previous 30 days, […] Source: https://news.bitcoin.com/billion-dollar-boom-defis-december-to-remember-caps-year-of-unprecedented-growth/
Why MicroStrategy Shares Have Tanked 45% Despite Billions in Bitcoin Buys
One of the hottest Bitcoin trades in 2024 is slumping into the New Year. As of Thursday, MicroStrategy’s share price had fallen 45% from its November peak—sliding to $300 from a record price of $543 around six weeks ago. The Tysons, Virginia-based software firm went gangbusters on Bitcoin last year, purchasing billions of dollars worth of the cryptocurrency using equity…
Do Kwon’s superseding indictment includes money laundering charge
The Terraform Labs co-founder was indicted on eight felony charges in 2023 but will likely face an additional count for money laundering conspiracy. Source: https://cointelegraph.com/news/do-kwon-superseding-indictment-money-laundering-conspiracy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
USDC market cap is up 80% from 2023 lows
The stablecoin is also more widely distributed across blockchain networks. Source: https://cointelegraph.com/news/usdc-market-cap-up-80-percent-2023-lows-research?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Web3’s role in protecting digital rights and privacy going into 2025
“The whole problem with centralized systems is that there’s a center,” Naoris chief strategy officer David Holtzman told Cointelegraph. Source: https://cointelegraph.com/news/web3-role-protecting-digital-rights-privacy-2025?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
88% Chance of No Change: Fedwatch Tool’s Bold Call Ahead of Next Fed Meeting
In just 26 days, the Federal Open Market Committee (FOMC) of the U.S. Federal Reserve will gather to deliberate on whether to adjust the federal funds rate. As of Jan. 2, 2025, with the next meeting slated for Jan. 29, the market anticipates no movement in the rate. Fed’s Rate Play: Markets Brace for January […] Source: https://news.bitcoin.com/88-chance-of-no-change-fedwatch-tools-bold-call-ahead-of-next-fed-meeting/
Frax community approves frxUSD stablecoin backed by BlackRock's BUIDL
According to RWA.XYZ, BlackRock’s US dollar Institutional Digital Liquidity Fund has over $648 million in assets under management. Source: https://cointelegraph.com/news/frax-community-approves-stablecoin-backed-blackrock-buidl?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Morgan Stanley mulls adding crypto to E-Trade: Report
The brokerage reportedly cited expectations of a crypto-friendly regulatory environment under incoming President Trump as a key consideration. Source: https://cointelegraph.com/news/morgan-stanley-e-trade-adding-crypto-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Do Kwon Pleads Not Guilty to US Charges Over Terra LUNA, UST Crash
Alleged crypto crook Do Kwon pleaded pleaded not guilty in a New York court Thursday to U.S. criminal charges over the 2022 collapse of the Terra crypto ecosystem, following his extradition earlier this week from Montenegro. Feds hit the 33-year-old disgraced tech entrepreneur with nine criminal counts, including securities fraud, wire fraud, commodities fraud, and conspiracy to commit money laundering.…