Author: John Smith
Agentic AI platform ai16z’s native token has rallied following the project’s plans to launch its own Layer-1 blockchain. ai16z (AI16Z) rose 38% to an all-time high of $1.77 on Dec. 31, while its market cap surged from $1.4 billion to past $1.9 billion at that time per data from crypto.news. The rally was fueled by heightened trading activity, with its daily volume doubling over the past day to $330 million. Zooming out to its weekly and monthly charts, the gains were significantly higher at 156% and 383%, respectively, making it one of the best-performing assets among the top 100 cryptocurrencies…
Cryptocurrencies, including stablecoins, pose significant risks to financial stability, according to the Reserve Bank of India. Reiterating its long-held anti-crypto stance, the RBI highlighted the various risks involved with digital assets in its Dec. 30 Financial Stability Report for 2024. While crypto adoption flourished at the grassroots level in India this year, the RBI raised a red flag, warning that unchecked use of digital assets, including stablecoins, could loosen monetary reins, open backdoors for capital flight, and “divert resources available for financing the real economy.” According to the regulator, while the crypto market in India “remains small,” the narrowing gap…
The strategic rebranding of Hangzhou-based Nano Labs indicates a dedication to blockchain development and international market growth. Today, Nano Labs Ltd., a prominent fabless integrated circuit design firm and supplier of product solutions in China, announced that Tsuki HK Limited, its fully-owned subsidiary, has been formally renamed to Nano bit HK Limited. With this rebranding, Nano bit is reentering the Bitcoin ecosystem and intends to create projects and businesses centered around Bitcoin (BTC). Nano Labs’ dedication to promoting blockchain infrastructure innovation is demonstrated by Nano bit HK Limited’s planned focus on BTC ecosystem development. While it remains unclear whether Nano…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. DOGEN rises in the Solana ecosystem, aiming for a $10 milestone by year’s end, outpacing rivals BONK and WIF with its bold vision and explosive potential. An exciting shift is happening in the Solana ecosystem with the emergence of DOGEN. Predictions suggest this new token could climb to $10 by the year’s end, outpacing competitors like BONK and WIF. This potential surge has caught the attention of the crypto community, sparking curiosity and speculation about DOGEN’s future impact on…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Pepeto, a new Pepe Coin challenger, ranks as the top meme coin to watch after raising $3M in presale. The story of Pepeto: Completing what was missing In a crypto market filled with uncertainty, Pepeto, hailed as the God of Frogs, has emerged as a project rooted in a powerful narrative. The story begins with Pepeto’s quest to collect six essential documents symbolizing Power, Energy, Precision, Efficiency, Technology, and Optimization. These documents form the bedrock of Pepeto’s mission to…
Record app downloads, millions of users, and new in-app features mark the year of recovery and drive OKX’s success. With millions of new users and an impressive 122% year-over-year rise in app downloads, OKX’s 2024 has been a transformative year characterized by resilience and innovation. The CEO of OKX, Star Xu, stated, “Despite the challenges, 2024 remains a year of focus, innovation, and resilience.” The company highlighted major achievements, including an increase of 991% global growth in OKX Wallet users by December and a 20x increase in daily trading volume on its decentralized exchange. This expansion underscores the crypto sector’s…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Current bearish trends are drawing PEPE and SUI holders to the FXGuys token. December has seen the crypto market follow a bearish trend, starting from the top cryptocurrency, Bitcoin (BTC). The downtrend has not spared Pepe (PEPE) and Sui (SUI). Investors are thus seeking ways to diversify their portfolios and preserve capital. The FXGuys (FXG) presale token has shown immense promise with its fast-selling presale, attracting more investors. PEPE suffers due to the Fed’s stance on crypto for 2025…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Cardano and Dogwifhat are on the road to recovery, both these coins and ICO star DTX Exchange are must-haves for any growth portfolio in 2025. As Christmas week comes to an end, the markets are optimistic, and the Dogwifhat (WIF) and Cardano (ADA) charts turn green. Many other coins also saw green phases but could not sustain it for long. As the markets resume their positive movements and there is a bullish trend overall, experts predict there will be…
To build applications on Blockchains such as Ethereum or Bitcoin, you need to have a running Node to access the blockchain. But these nodes are difficult to manage and require a dedicated device and resources. In this article, we will review QuikNode, a node-as-a-service provider. Summary Support Bitcoin and Ethereum NodesBest pricing when you scaleAdditional Dedicated NodesPowerful and reliable service What is QuikNode? If you are a developer, running a node is always a pain. You need a dedicated device and maintain it. This required extra skills and time. Besides security is always a big concern but QuikNode solves these…
It is officially tax season in many countries throughout the world—the United States included. This means that millions of people are taking the time to get their documents and investments for tax reporting, including their cryptocurrency. In this guide, we walk through five commonly asked questions about cryptocurrency tax to help you gain a better understanding of crypto-assets taxation. Note: This guide breaks down specific cryptocurrency tax implications within the U.S., but similar issues arise in many other countries. 1. How are cryptocurrencies taxed? According to the Internal Revenue Service, cryptocurrencies such as Bitcoin are treated as property for tax purposes, not…