Author: John Smith
Is the newly formed Protocol Council the key to strengthening EigenLayer’s protocol security and supporting community-driven growth? On Jan. 14, EigenLayer (EIGEN) announced the formation of the Protocol Council to ensure protocol security and evaluate EigenLayer Improvement Proposals. The news was shared via a tweet from the Eigen Foundation. 3/ The Protocol Council maintains protocol security by reviewing/approving EigenLayer Improvement Proposals (ELIPs), ensuring all changes advance the protocol and support ecosystem growth.This marks a pivotal step in the evolution of EigenLayer’s decentralized governance.— Eigen Foundation (@eigenfoundation) January 13, 2025 EIGEN is a protocol built on Ethereum (ETH) that introduces restaking,…
Wall Street sees a potential 20% upside in MicroStrategy stock, citing its crypto-driven strategy. As reported by Seek Alpha on Jan. 13, Brett Knoblauch, who is the Head of Crypto and Digital Assets Research at Cantor Fitzgerald, said that he believes the MicroStrategy (MSTR) stocks would reach $613. Currently, the average price of MSTR on Wall Street sits at $518. If MSTR reaches $613, its stock prices would boost up roughly 20%. Cantor Fitzgerald just boosted their price target on $MSTR from $518 to $613. 👀 Getting a little cliche to say Trump insiders know something, but I like the…
Sony’s Soneium mainnet is officially live, offering creators faster, cheaper blockchain solutions and tools to connect with fans through NFTs and crypto. On January 14, Sony built on the success of its 2024 testnet, Soneium Minato—which has attracted over 15 million wallets and 50 million transactions—by launching Soneium, a blockchain mainnet that helps artists connect more directly with fans. Today is the day. Soneium Mainnet is LIVE! 💿Launched by Sony Block Solutions Labs (Sony BSL), a @Sony Group company, Soneium is a Layer 2 blockchain that empowers creators, fans, and communities to protect their rights, connect globally, and build an…
How will inflation, strong jobs data, and rising Treasury yields shape the Fed’s upcoming rate decision? The Federal Reserve’s Jan. 29 meeting looms large as markets eagerly await clarity on interest rate policy. With a 97.3% probability that rates will remain steady at 4.25%-4.5%, according to market forecasts, and just a slim 2.7% chance of a 25 bps cut, the Fed’s decision is increasingly tied to incoming data. Chair Jerome Powell clarified in the December meeting that future rate cuts would hinge on economic indicators—a point reinforced by the central bank’s gradual shift, with three recent rate cuts of 50…
Can Usual’s revenue switch deliver on its promises amid growing concerns? The Revenue Switch, a mechanism designed to distribute 100% of Usual’s (USUAL) protocol revenue to USUALx stakers, has been launched by the USUAL token and USD0 stablecoin ecosystem creators. While the initiative marks a significant step forward for decentralized finance, its debut is accompanied by ongoing community concerns about recent changes to the protocol’s redeem function. Activated on Jan. 13, 2025, the Revenue Switch enables USUALx stakers to receive protocol-generated revenue, estimated at $5 million per month, directly in USD0. This mechanism links token value to actual earnings, aiming…
Hardly a well-known name in the crypto industry, former college football player and the young politician, Bo Hines, 29, got a high-profile appointment as an executive director of the Presidential Council of Advisers for Digital Assets, (or the “Crypto Council”) position on Dec. 23, 2024. What are his views on crypto? Not surprisingly, Bo Hines is a pro-crypto politician – if he wasn’t, Trump wouldn’t have appointed him, given the bold support for crypto from the U.S. President-elect. For years, Hines has been a consistent Joe Biden critic and a passionate Donald Trump supporter. This loyalty didn’t go unnoticed, and…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rexas Finance emerges as a crypto contender poised to outshine XRP, potentially turning $800 into $100,000 by 2025’s end. Dramatic swings and life-changing profits abound in the crypto market, where small investments can pay out remarkably. Although investors have long favoured XRP, a new competitor is making waves. The rising star Rexas Finance (RXS) is displaying indicators of a crypto ready to provide a great return on investment in 2025. From tokenization to innovation: Rexas Finance leads the way…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Analyzing the potential for XYZVerse (XYZ), TRON (TRX), and Kaspa (KAS) to outperform Ethereum and Solana. While major cryptocurrencies like Ethereum and Solana dominate headlines, lesser-known digital coins priced under $1 are gaining momentum. These tokens have the potential to surpass their bigger counterparts in growth. Delving into these hidden gems may uncover surprising prospects for investors looking to capitalize on the next big surge in the crypto market. XYZ: The next meme coin champion The stage is set,…
The U.S. Court of Appeals for the Third Circuit has partially ruled in favor of Coinbase in its legal challenge against the Securities and Exchange Commission. The court found that the SEC’s decision to deny Coinbase’s 2022 petition for rulemaking on crypto and securities regulations was “arbitrary and capricious,” according to Coinbase CLO Paul Grewal Coinbase’s petition requested the SEC establish rules to clarify how securities laws apply to digital assets. The SEC denied the petition in 2023 without providing a comprehensive explanation, prompting Coinbase to appeal. A three-judge panel ruled that the SEC’s denial lacked sufficient reasoning and ordered…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. While DOGE and XRP could turn $750 into $1m by 2030, Rexas Finance has the potential to do it by 2026. The crypto market constantly evolves, but some projects stand out for their ability to disrupt the status quo. While tokens like Dogecoin (DOGE) and XRP capture attention, waiting until 2030 for massive returns is no longer necessary. Rexas Finance (RXS) emerges as a game-changer, promising remarkable growth by 2026. With a unique approach to real-world asset tokenization, cutting-edge tools,…