In Brief DePIN revenue increased over 100x in 2024, with AI-driven projects leading and offchain developments gaining traction. Over 13 million devices support DePINs daily, with 20 projects surpassing 100K nodes and five exceeding 1 million active nodes. Solana dominates infrastructure innovation, while Base leads in consumer applications, attracting key DePIN projects. DePIN projects saw…
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In Brief The total crypto market cap surged by $77 billion to $3.49 trillion; holding this level could push it toward $3.64 trillion, while losing it risks a drop to $3.28 trillion. Bitcoin closed above $100,000 for the first time in three weeks, targeting $105,000 support; losing momentum risks a retreat below $100,000. Worldcoin rose…
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In Brief Binance Labs announces a rebrand, highlighting key achievements from 2024 but withholding details about its new direction. Biotech and AI will be priority sectors in 2025, alongside continued investments in projects with strong real-world utility. Former CEO CZ is set to have an influential presence in Binance’s future despite restrictions on holding leadership…
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In Brief FalconX plans to acquire Arbelos Markets, a crypto derivatives startup, signaling confidence after a record-breaking quarter. CEO Raghu Yarlagadda predicts a “wave of consolidation” in 2025 as institutional interest and regulations reshape the market. Arbelos’ focus on derivatives aligns with recent crypto trends, positioning FalconX to capitalize on the sector’s growth. FalconX is…
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In Brief Colin Wu identifies top crypto projects likely to hold Token Generation Events (TGE) in Q1 2025 based on funding and investors. Pump.fun leads the list despite recent market struggles, while Monad and other projects remain strong contenders. Major investors like Polychain signal potential TGEs, aligning with Wu’s past accurate predictions in the crypto…
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In Brief Grayscale Research predicts smart contracts will lead the crypto market in Q1 2025, with competitors like Solana and Sui gaining ground. Tokenization, DePin, and scaling solutions also emerge as key areas of interest in Grayscale’s Top 20 crypto investment list. Despite Ethereum’s ETF success and upgrades, it underperformed, losing market share to faster-growing…
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In Brief The Blockchain Bandit, known for exploiting weak private keys, has moved 51,000 ETH ($172M) into a multi-signature wallet. The funds were transferred from 10 dormant wallets last active in 2018, marking the attacker’s reappearance after five years. Experts suggest the move could indicate plans for liquidation, laundering, or funding new exploits, raising concerns…
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In Brief Frax Finance votes on using BlackRock’s BUIDL token to back its revamped frxUSD stablecoin, with unanimous support so far. Sui is set to unlock 64 million SUI tokens on January 1, primarily benefiting early investors and contributors. Six Israeli firms are launching Bitcoin mutual funds, but regulatory delays and cratering investment may limit…
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In Brief The Shiba Inu ecosystem is evolving rapidly by integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This advancement extends to SHIB: The Metaverse, enabling users to buy virtual land using Ethereum or SHIB. Shiba Inu is preparing to launch the TREAT token, reinforcing its evolution from a meme coin to a robust blockchain ecosystem. The…
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In Brief Michael Saylor, co-founder of MicroStrategy, has hinted at a potential new Bitcoin acquisition for the eight straight week. Some market oberservers have suggested that MicroStrategy’s aggressive purchase pattern can induce market volatility. Meanwhile, the buys have contributed to Bitcoin price rising from around $67,000 to a new all-time high over $100,000. Michael Saylor,…
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