Author: John Smith

After bottoming out earlier in the week, PENGU continued its recovery on Jan. 23 with a sharp rally, fueled by community anticipation of the Abstract mainnet launch and related speculation. The Pudgy Penguins (PENGU) token rose 8.7% to an intraday high of $0.0264 on Jan. 23, making it one of the top performers among the largest 100 cryptocurrencies by market cap per CoinGecko. With a market cap that surpassed $1.6 billion, the meme coin witnessed a 20% jump in daily trading volume, hovering over $411 million. PENGU’s recent rally came despite the broader NFT token market falling 3.8% over the…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. While the TRUMP meme coin faces volatility with a 25% drop, Lightchain AI is gaining momentum, raising $12.3 million in presale as a smarter, future-focused investment. The TRUMP meme coin just took a steep 25% dive, underscoring the unpredictable nature of meme projects. Meanwhile, Lightchain AI is gaining traction among serious investors with its unique blend of blockchain and AI.  Currently in presale at just $0.005625 per token, Lightchain AI has already raised an impressive $12.3 million, a clear…

North Dakota regulators are debating a bill that introduces consumer protections to combat scams involving cryptocurrency ATMs. During a Jan. 22 hearing, lawmakers in North Dakota discussed House Bill 1447, introduced to the state’s legislative assembly earlier this month, which seeks to cap daily withdrawals, regulate transaction fees, and mandate fraud warning notices on crypto ATMs to safeguard residents from financial scams. For those unfamiliar, crypto ATMs are kiosks at physical locations that allow users to convert cash into cryptocurrencies and vice versa. However, the limited regulation surrounding these machines and the anonymity provided by cryptocurrency transactions have made them…

Bitwise has recently filed documents to the Delaware’s Department of State, applying for the registration of a Bitwise Dogecoin ETF. On Jan. 22, crypto fund manager Bitwise Asset Management submitted documents to register for a Dogecoin (DOGE) exchange-traded fund. The filing can be found within the Delaware Department of State’s Division of Corporations official website. The agent registered on the form was revealed to be CSC Delaware Trust Company. Bitwise’s application marks the start of the process towards establishing a Dogecoin ETF under the fund manager. A few hours after the news broke, the Polymarket poll betting on the odds…

Most TRUMP holders are retail investors with less than $100 in profits, while 60 whales have gained over $10 million, according to Chainalysis. The majority of crypto wallets holding the Official Trump (TRUMP) meme coin haven’t made much money. According to data by Chainalysis, over 77% of them have earned less than $100, while whales have pocketed over $10 million each. In an X thread on Jan. 23, the New York-headquartered blockchain forensic firm revealed that TRUMP and MELANIA (MELANIA) meme coins are mostly popular with small-time investors. “Over 80% of $TRUMP and/or $MELANIA holders are investors who hold less…

Spot Bitcoin exchange-traded funds in the United States experienced a slowdown on Jan. 22 as BTC retraced back to around $102k. According to data from SoSoValue, inflows into spot Bitcoin ETFs dropped by 69% from the previous day, reaching $248.65 million on Wednesday. The entire inflows recorded on the day came from BlackRock’s IBIT which drew in $344.28 million from investors. Grayscale’s GBTC recorded outflows of $47.93 million, while Bitwise’s BITB and ARK 21Shares’ ARKB added to the negative momentum, with investors withdrawing $34.67 million and $13.02 million from the funds, respectively. The remaining BTC ETFs stood still on the…

The Azuki-backed ANIME token will be airdropped to Binance users prior to its official listing and debut on Jan. 23, 2025 at 14:00 UTC. The Animecoin community token ANIME will be making its debut on Jan. 23 in a number of major exchanges, including Binance. The token named after the Japanese pop culture phenomenon will be airdropped to BNB (BNB) holders subscribed to the BNB Simple Earn products from Jan. 17 until Jan. 20. ANIME will be officially listed on Binance starting from Jan. 23 at 14:00 UTC. Trading pair support will available for ANIME alongside USDT, USDC, BNB, FDUSD,…

Trump family-backed WLFI’s recent $9.84 million wBTC purchase raises its total crypto holdings to $365 million. World Liberty Financial (WLFI), a crypto project tied to the Trump family, has intensified its aggressive push into digital assets. Over the past three days, the fund has invested a staggering $178.2 million across six tokens, including Ethereum (ETH), Wrapped Bitcoin (wBTC), TRON (TRX), Aave (AAVE), Chainlink (LINK), and Ethena (ENA). The latest on-chain data shows that on Jan. 22, WLFI spent $9.84 million to purchase 94.94 wBTC, taking advantage of a price drop. This came just a day after the fund poured $2.65…

After a leaked page detailed Solana and XRP futures on CME, a spokesperson confirmed that it was an early mock-up and no official plans have been finalized yet. The Chicago Mercantile Exchange, a global leader in derivatives trading, may be gearing up to introduce futures contracts for Solana (SOL) and Ripple (XRP) as early as Feb. 10, according to a leaked page from their beta website. While the page was quickly removed, it detailed key specifications for the contracts. However, Fox Business journalist Eleanor Terrett reported that a CME spokesperson described the beta website as a draft environment used for…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XYZVerse and these 4 altcoins could redefine crypto success stories, potentially creating the next wave of millionaires. Early investors in cryptocurrencies like Ethereum reaped enormous rewards. Now, new digital assets are emerging with the potential for significant growth. This article explores XYZVerse, along with four other promising altcoins that offer a chance to catch the next wave of crypto success, potentially making millionaires. XYZVerse secures $5.5 million in presale XYZVerse is transforming the crypto space by fusing the excitement…