In Brief AI crypto market cap fell 10% in 24 hours to $37.4 billion, with major coins like RENDER and VIRTUAL losing over 13%. DeepSeek, a $6M AI model, has disrupted the industry, challenging the dominance of heavily funded players like OpenAI. Growing uncertainty about AI project viability is impacting both AI-focused companies and cryptocurrencies…
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In Brief AVAX whale netflows increased by 152%, signaling bullish sentiment and a potential rally toward $40. Dogecoin whales accumulated 1.65 billion coins worth $569 million, with the potential to break the $0.40 resistance. LDO saw 15 million tokens purchased by large holders, pushing its price forecast to $2.26 if accumulation persists. Contrary to expectations,…
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In Brief Arthur Hayes predicts Bitcoin’s value will drop to $70,000–$75,000 before rebounding to $250,000 by year-end. The decline is linked to macroeconomic trends, not today’s DeepSeek-related market turmoil, which Hayes sees as a catalyst. Hayes highlights US monetary policy and global factors as key drivers for Bitcoin’s eventual pull-back and later growth. Arthur Hayes…
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In Brief Blockchain investigator ZachXBT revealed the theft of $29 million worth of SUI tokens from a major holder on December 12, 2024. The attackers transferred the stolen tokens from Sui to Ethereum using bridging tools and laundered them through Tornado Cash. This incident highlights growing security risks in the blockchain space, particularly as the…
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In Brief Over 410,000 ETH worth $1.3 billion was sold in a week, reflecting investor frustration with Ethereum’s inability to breach $3,530. Ethereum’s NVT signal hit a 25-month low, signaling undervaluation, which could attract interest and support future recovery. Failing $3,530 resistance risks a dip to $3,131, while a breakout could push Ethereum toward $3,711,…
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In Brief Solana price is up 8% in 24 hours and 21% over the week, with a market cap approaching $130 billion and trading volume at $10 billion. Bullish indicators like the Ichimoku Cloud and BBTrend signal strength, though signs of consolidation suggest a pause. SOL could test resistance at $292 and rise to $300,…
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In Brief Grayscale files with the SEC for Litecoin, Solana, and three other crypto ETF products amid increasing industry competition. The firm’s Litecoin ETF marks only the second such filing, following Canary Capital’s application in October. Uncertainty remains as the SEC reviews a surge of crypto ETF proposals after Gary Gensler’s resignation. Grayscale, one of…
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In Brief AI agents are poised to significantly impact the crypto market by enhancing trading strategies, improving DeFi efficiency, and increasing accessibility for users. Significant challenges include data quality issues, security vulnerabilities, interoperability challenges across blockchains, and the evolving regulatory space. Addressing these challenges early on through collaboration and responsible development is crucial for realizing…
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In Brief The Abu Dhabi Global Market (ADGM) has played a key role in positioning the UAE as a leading hub for cryptocurrency and blockchain adoption. Its supportive regulatory framework, streamlined processes, and commitment to innovation have attracted major industry players. The DLT Foundations Framework provides a unique and innovative legal structure for blockchain foundations…
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In Brief Worldcoin (WLD) surged 19% after Donald Trump’s $500 Billion AI investment announcement, nearing a golden cross on its EMA lines. Smart wallets holding WLD have dropped to a record low of 26, raising concerns about long-term confidence among large holders. WLD’s BBTrend at 1.8 shows modest bullish momentum, but it remains far below…
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