Category: crypto

CryptoQuant CEO Ki Young Ju believes China may have already sold the 194,000 Bitcoin seized from the PlusToken scam. On-chain data suggests the assets were mixed and distributed to exchanges, raising questions about their fate. Ki’s analysis challenges China’s claim to still hold the Bitcoin, suggesting they were liquidated.

AlphaTRUMP has achieved high trading volume on both centralized exchanges (CEXs) and decentralized exchanges (DEXs) within 6 hours. The controversial token has become a top performer on Binance and is dominating DEXs on the Solana blockchain.

Frax Finance community is discussing a $15 million investment in Trump’s World Liberty Financial DeFi. The proposal is being questioned due to concerns about the potential risks involved in the venture.

Janice McAfee, wife of cyber expert John McAfee, launched AIntivirus (AINTI) memecoin on Twitter/X. Inspired by her late husband’s legacy, it reached $100 million market cap within hours. The project combines privacy, crypto, decentralized tech, and AI. Uncertainty surrounds its legitimacy, with similarities to Trump family memecoins.

Tron founder Justin Sun plans to revolutionize stablecoin transactions by eliminating fees. Tron’s development team is working on a framework for zero-cost transactions for stablecoins to boost adoption. Sun previously proposed a gas-free stablecoin system in 2024, but it failed to materialize. Tron dominates stablecoin transactions with Tether’s USDT on its network, generating significant revenue.…

Bitwise Asset Management is preparing to launch a Dogecoin-focused exchange-traded fund (ETF) by registering a Delaware statutory trust. Following the news, Dogecoin’s value dropped by 5%, resulting in $11 million in trader liquidations. Bitwise’s filing is seen as a preliminary step towards introducing a Dogecoin ETF, amid a growing institutional interest in crypto-related ETFs. Balchunas…

Lido founder Konstantin Lomashuk shared plans for a potential “Second Foundation” amid discussions on the effectiveness of the Ethereum Foundation. Co-founder Vitalik Buterin emphasized decentralization, while rejecting calls for changes in EF leadership. Community members support diversification and believe Lomashuk could lead an Ethereum-focused entity effectively.

CME Group may be launching futures contracts for Solana (SOL) and XRP, as reported on social media. The authenticity of the images has not been confirmed by CME Group, leading to speculation. Other ETFs tied to meme coins have also been filed. Analysts predict a wave of crypto ETF filings this year.

BlackRock CEO Larry Fink predicts Bitcoin could reach $700,000 amid global instability. He believes Bitcoin can serve as a wealth preservation tool. BlackRock clients are considering Bitcoin allocations. BlackRock’s IBIT ETF has seen significant growth. CEO of Coinbase sees potential for Bitcoin to reach “multiple millions” if it becomes a global standard.

OpenAI is facing a legal challenge in India for allegedly using ANI’s content without authorization to train ChatGPT. OpenAI argues that US laws prevent it from removing the data and asserts that the Indian court lacks jurisdiction over its operations. A court hearing is scheduled for Jan. 28.