Aethir and Plume Network Launch RWAI Initiative to Democratize Access to AI
TL;DR Aethir and Plume Network launch the RWAI Initiative to integrate tokenized GPU assets with real-world assets, facilitating access to AI. The project aims to...
Market
NFTs and Meme Coins: David Sacks’ New Classification as Collectibles
TL;DR David Sacks, White House czar for AI and cryptocurrency, classifies NFTs and meme coins as “collectibles,” highlighting their cultural and commemorative value. This classification...
Milestone Achieved: BNB Foundation’s 30th Quarterly Token Burn
TL;DR BNB Foundation completes its 30th quarterly token burn, destroying 1.634 million BNB worth over $1.16 billion, reducing total supply to 142.47 million BNB. The...
Bitcoin Mining Reaches Record $45 Million in Daily Revenue
TL;DR Bitcoin mining daily revenue reached $45 million, suggesting a potential new bullish cycle or sustained growth. Mining activity reflects increased miner confidence and a...
ZachXBT Cashes Out Nearly $4 Million on Memecoin, Sparking Debate
TL;DR ZachXBT Cashes Out: Blockchain investigator ZachXBT cashed out nearly $4 million from a memecoin named after him. Market Impact: The token’s market cap dropped...
Crypto Market: Record Inflows Driven by Euphoria Following Trump’s Inauguration
TL;DR The crypto market recorded record investment inflows of $2.2 billion, driven by euphoria following Trump’s inauguration. Bitcoin led the inflows with $1.9 billion, while...
December 2024: Unprecedented Growth in Spot and Derivatives Trading
TL;DR December 2024 saw record-breaking trading volumes on centralized crypto exchanges, with combined spot and derivatives trading reaching an all-time high of $11.3 trillion. Binance...
Challenging Critical Support: Bitcoin’s Market Correction and Future Outlook
TL;DR Bitcoin is trading 11% below its all-time high of $108,000, with the market structure remaining constructive and demand resilient. The Market Value to Realized...
Bitcoin Set for Expansion in 2025, Says ARK Invest
TL;DR ARK Invest’s report highlights Bitcoin’s potential for significant growth in 2025, despite recent volatility. Key indicators such as increased mining difficulty, strong holder behavior,...
Bitcoin ETFs Surge with $307 Million Inflows, While Ethereum ETFs Struggle
TL;DR Bitcoin spot ETFs saw net inflows of $307 million, driven by BlackRock’s IBIT ETF with $498 million in net inflows. Ethereum spot ETFs faced...