Author: Benjamin Lee
The new native token of an artificial intelligence (AI) bot project surged by more than 23% after Coinbase added the asset to its listing roadmap. Freysa AI’s native asset, FAI, is trading at $0.0226 at time of writing, up from around $0.0183 a day ago. The 298th-ranked crypto asset by market cap launched in late November. Freysa AI aims to be “the first truly sovereign AI agent.” The project’s AI agent has overseen a series of games designed to test human interaction with powerful artificial intelligence systems. For example, in November, entrants used prompts to “trick” the Freysa AI into…
The top US-based crypto exchange platform Coinbase is announcing the addition of three new Ethereum (ETH)-based altcoins to its listing roadmap, premeditating rallies. In a new thread on the social media platform X, Coinbase says its listing decentralized roll-up protocol AltLayer (ALT), decentralized finance network Pendle (PENDLE), and gamified learning platform Layer3 (L3) to its listing roadmap. The crypto exchange’s listing roadmap is used to increase transparency and prevent the front-running of new tokens. Being added to it means Coinbase is considering adding support for the asset soon. News of the additions sprung the trio of assets to life as…
A widely followed crypto analyst says that modular blockchain Celestia (TIA) looks primed to rip while updating his outlook on Bitcoin (BTC). In a new thread, crypto trader Michaël van de Poppe tells his 782,100 followers on the social media platform X that the layer-1 network’s real run begins after it breaks above the $4.35 price tag. “TIA still acting nicely here. I think that we’ll see the actual run of this one above $4.35.” Source: Michaël van de Poppe/X Celestia, which launched in October 2023, is trading for $3.32 at time of writing, a fractional decrease during the last…
US President Donald Trump is optimistic that dollar-backed stablecoins will help maintain the US dollar as the leading currency in the world. In a pre-recorded video for the participants of the Blockworks Digital Asset Summit in New York, Trump said he encourages the creation of a legal framework for stablecoins, cryptocurrencies pegged to the value of a stable asset such as the US dollar. “I have called on Congress to pass landmark legislation creating simple, common sense rules for stablecoins and market structure. With the right legal framework, institutions large and small will be liberated to invest, innovate and take part…
Cryptocurrency trader and analyst Ali Martinez is leaning bearish on the memecoin FLOKI (FLOKI). Martinez tells his 133,600 followers on the social media platform X that FLOKI has formed a flag pattern on the three-hour time frame. According to the crypto analyst, FLOKI could fall by around 37% from the current level once it breaks down. In technical analysis, a flag pattern is either bullish or bearish depending on whether the flag part of the pattern forms after an uptrend or a downtrend. If it forms after an uptrend, the flag pattern is bullish while if it forms after a…
VanEck chief executive Jan van Eck is outlining what he thinks will be the biggest milestone for the crypto sector in 2025. While speaking with Anthony Pompliano at Bitcoin Investor Week, Van Eck argues that stablecoins are the most interesting part of the digital asset world. The CEO praises the stablecoin legislation working its way through the Senate, but he also says he’s worried US banking regulators will try to kill the bill or “say you have to be a bank to issue a stablecoin.” Senator Bill Hagerty (R-TN) introduced the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS)…
A widely followed crypto analyst says that a strong move is coming for one memecoin that could see it rally by up to 75%. In a new thread, the pseudonymous crypto trader Altcoin Sherpa tells his 244,000 followers on the social media platform X that if the artificial intelligence (AI)-based meme asset Fartcoin (FARTCOIN) can break out of its current range, it could find itself near the $0.70 level. “If Fartcoin breaks out of this range, I expect it to have a strong first move, maybe up to the $0.70 area. 30 days of chop and still great mindshare.” Source:…
A new survey shows a significant percentage of institutional investors want to increase their exposure to crypto in 2025. The top US crypto exchange Coinbase and the strategy consulting firm EY-Parthenon polled decision-makers at 352 institutional investors to gain insights on their crypto investment plans, market sentiment and future expectations. According to the survey, 85% of the respondents increased their allocations to digital assets and related products last year, and nearly the same percentage plan to continue doing so in 2025. Says Coinbase, “An overwhelming majority (83%) of surveyed investors plan to increase their allocations to crypto in 2025, driven…
Tron (TRX) founder Justin Sun has staked $100 million worth of Ethereum (ETH), according to the blockchain analytics platform Arkham. Arkham notes that Sun’s staked ETH will yield $3 million worth of Ethereum per year in passive income. In addition to staking ETH, Sun also teased that Tron’s native asset, TRX, would soon be available on the Ethereum competitor Solana (SOL). Sun, a polarizing figure in the crypto community, says it is currently “Tron meme szn [season].” He also notes that the issuance of top stablecoin USDT on Tron recently reached a new all-time high of $64.7 billion. The U.S.…
The founder and CEO of the investment management firm ARK Invest is warning the public of the risks of trading memecoins. In a new interview on Bloomberg Crypto, Cathie Wood says that the U.S. Securities and Exchange Commission (SEC) did an important thing in declaring that memecoins are not securities. “What they essentially were saying is we are not going to regulate them and it’s buyer beware, so I have one message for those listening who are buying memecoins, buyer beware. I think the message is loud and clear from the regulators.” She says that many memecoins will eventually lose…