Author: John Smith
Binance shared plans to launch leverage trading support for AI-based coins GRIFFAIN, A16Z, and Zerebro. Binance, the largest centralized crypto exchange, will launch margin contracts for artificial intelligence-powered digital assets Griffain (GRIFFAIN), ai16z (AI16Z), and Zerebro (ZEREBRO) with up to 75x leverage. The three tokens were already listed on Binance Alpha, a feature used for researching and trading early-stage crypto projects. OKX also launched perpetual futures trading for GRIFFAIN and ZEREBRO late last year. The AI-themed crypto sector has gained momentum as one of the industry’s emerging trends. The ecosystem has reached a valuation of $10 billion within months, driven…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI’s rapid $7M presale completion highlights strong investor confidence in its blockchain-AI integration vision Lightchain AI, the innovative blockchain platform integrating artificial intelligence into decentralized applications, has achieved a significant milestone by completing the first 10 stages of its presale faster than anticipated. With over $7 million raised, this presale success underscores the growing enthusiasm and confidence in the project’s vision. By offering an innovative solution to real-world challenges, Lightchain AI has positioned itself as one of the…
Tether’s U.S. dollar stablecoin witnessed its biggest downturn since FTX collapsed during the sluggish 2022 crypto market period. On-chain data showed that Tether’s stablecoin (USDT) lost approximately 1.2% of its market cap this week as EU digital asset regulations took full effect on Dec. 30. The token’s market cap fell to $137 billion from its December peak of $140 billion, fueling speculation about Tether’s future and potential USDT volatility. Concerns arose that USDT’s operator might exit the European Union now that new laws have been enacted. However, social media sentiment was countered by industry leaders and observers who pointed to…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Chainlink and Polkadot face downturns, Lunex Network’s presale gains momentum, boosting optimism for 2025. The recent market retracement has pushed many altcoins into the downtrend. While the Chainlink price has dropped significantly, the token appears set for further potential gains. Polkadot’s price has been navigating downwards since hitting a peak of $11 in early December. Despite this setback, there is growing optimism of a resurgence soon. Meanwhile, the Lunex Network (LNEX) presale has continued to witness massive growth…
Spirit Blockchain Capital, a blockchain-focused investment firm publicly traded on the Canadian Securities Exchange, has announced a yield generation strategy targeting its Dogecoin holdings. The announcement follows Spirit’s recent acquisition of Dogecoin Portfolio Holdings Corp., a blockchain startup focused on Dogecoin (DOGE) and related assets. Dogecoin Portfolio Holdings operates independently of the meme coin’s core blockchain operations but manages a portfolio aimed at creating value within the Dogecoin ecosystem. Spirit Blockchain Capital’s operations include cryptocurrency investments, blockchain advisory and consulting, crypto mining, and lending. The Dogecoin initiative forms part of the company’s efforts to maximize the utility and performance of…
Dogecoin price remained in a tight range this week as Polymarket odds for a potential DOGE ETF declined. Dogecoin (DOGE), the largest meme coin, rose by about 6% on Dec. 2, bringing its seven-day gains to 7.5%. However, the momentum may reverse as a Polymarket poll shows that the odds of the Securities and Exchange Commission approving a spot DOGE ETF this year dropped to 26%, down from a high of 50% last week. In contrast, Polymarket users expect that the SEC will approve a Solana (SOL) ETF later this year, with odds being at 76%. The odds of a…
A new report from DWF Labs discusses how memecoins have become a major force in the digital asset landscape, highlighting the powerful intersection of social capital and financial innovation. Memecoins were once viewed as humorous offshoots of cryptocurrency. Whether inspired by a viral dog or a dead squirrel, they appeared to lack intrinsic value. However, this crypto cycle has seen memecoins emerge as a significant financial phenomenon. According to a report by DWF Labs, the market capitalization of memecoins surged from $20 billion in January 2024 to over $120 billion by December — a 500% increase. This growth reflects the…
A Morgan Stanley subsidiary is considering adding cryptocurrency services to its existing TradFi product suite. Morgan Stanley’s E-Trade is reportedly exploring the possibility of offering cryptocurrency and digital asset trading to its customers, according to The Information on Thursday, Jan. 2. E-Trade currently provides bonds, stocks, index funds, and other traditional financial investment products. Morgan Stanley acquired the brokerage in 2020. Expectations for crypto-friendly regulations under the President Donald Trump administration are likely a precursor to E-Trade’s potential decision, the report noted. Bullish sentiment around cryptocurrencies has soared following Trump’s victory in the U.S. general elections in November. His campaign…
Cryptocurrency exchange KuCoin just announced KuCoin Pay, which is a new payment platform designed to help merchants accept cryptocurrency transactions. KuCoin Pay is integrated with the KuCoin (KCS) app, which is used by over 37 million people globally. By leveraging this user base, businesses can connect with more customers while simplifying the payment process. According to the company release, customers can make payments by scanning a QR code or directly through the app. The platform’s goal is to make it easier for businesses to handle crypto payments. It offers lower fees, instant settlements, and support for multiple cryptocurrencies. KuCoin is…
Brett, the biggest meme coin on the Base Blockchain, rises for two straight days as whale purchase fuels bullish sentiment. Brett (BRETT) surged to $0.1350, marking a 25% increase from its December lows when most meme coins faced declines. This recovery is largely attributed to the ongoing resurgence in the crypto industry following the Christmas holiday season. Investors are optimistic due to several potential catalysts, including the upcoming inauguration of Donald Trump, anticipated changes at the Securities and Exchange Commission, and the distribution of funds from the FTX estate. The rally in meme coins has pushed the total market cap…