Category: altcoin

Terraform Labs co-founder Do Kwon appeared before a United States magistrate on Jan. 2, 2025, and pleaded not guilty to the charges in the first legal hearing for the former executive since his extradition to the US. The embattled crypto founder appeared before US Magistrate Judge Robert Lehrburger of the Southern District of New York…

AI agent tokens will continue outperforming memecoins in 2025, but their momentum may fizzle out by 2026, according to a venture capitalist. “Memecoins will continue to lose market share to “AI agent” coins. I consider this a migration from financial nihilism to financial over-optimism,” Dragonfly Capital managing partner Haseeb Qureshi said in a Jan. 1…

Bitcoin is holding above $90,000, signaling the possibility of a move back toward $100,000 in the next few days.

From mainstream adoption to the election of a pro-crypto administration in the US, the past year has solidified crypto’s place as a transformative force within the global economy. The turning of the new year is the perfect time for crypto fans to reflect on, and refine their approach to the digital asset market. Whether one…

The original concept for Pixels, one of the most popular Web3 games on the planet, came to its founder after he ditched his comfy tech job in his early 20s to travel and work in New Zealand. “I wanted to mess my life up a little bit, so I moved to New Zealand,” Luke Barwikowski…

Memecoins have become a ubiquitous part of crypto culture and saw a massive year in 2024, with the tokens now amassing a total market cap above $60 billion, rising from around $23 billion at the start of the year. Platforms like Pump.fun on Solana have made memecoin creation easier than ever, and making tokens about…

Bitcoin (BTC) has started the last week of the year on a soft note, indicating that the bulls are not hurrying to buy the dip. Analysts are divided about Bitcoin’s short-term price action. Some expect a strong rally leading into United States President-elect Donald Trump’s inauguration in January, while others anticipate the volatility to increase.…

In another rollercoaster year for crypto, 2024 delivered monumental wins for Bitcoin hodlers, crypto ETF issuers and memecoin creators, particularly as Bitcoin soared past the $100,000 milestone in December. But not all was rosy. Scams and hacks cost victims $2.2 billion this year, and failed celebrity memecoin ventures drew the ire of disgruntled investors and…

Celebrity-themed crypto tokens had a flash-in-the-pan moment in 2024, with publicly-known figures looking to cash in on their fame amid a steady crypto rally. But the short-lived “celeb meta” has seen the tokens plummet in value since launch or are down significantly from their peak highs, and their celeb backers have, in some cases, seen…

Top Stories of The Week IRS issues rules on digital asset reporting, says front-ends are brokers The United States Internal Revenue Service (IRS) has issued final regulations requiring brokers to report digital asset transactions, expanding existing reporting requirements to include front-end platforms that facilitate transactions involving digital assets for customers, such as decentralized exchanges. Set…

Artificial intelligence (AI) cryptocurrencies have shed nearly one-third of their cumulative value, despite optimistic expectations of an incoming altcoin season driven by more crypto-friendly regulations during 2025. The cumulative market capitalization of AI cryptocurrencies stood at $50.5 billion as of 7:15 a.m. in UTC, down over 28% from their peak of $70.4 billion recorded on…

Solana’s native token SOL (SOL) failed to sustain levels above $200 after multiple rejections between Dec. 25 and Dec. 26. This movement aligned with the broader cryptocurrency market, which saw a 3.5% decline over two days ending Dec. 27. However, SOL underperformed with a 5.1% correction, raising concerns among traders about potential further price declines.…

Continued adoption of stablecoins and cryptocurrency exchange-traded funds (ETFs) will propel digital asset performance in 2025, according to a Dec. 26 Citi research report.  Crypto ETF inflows, onchain activity, and stablecoin usage all spiked after President-elect Donald Trump won the United States presidential election in November, and those metrics remain elevated going into the new…

With Bitcoin dominance creeping back up to nearly 60% amid a price stall in the last few days of 2024, there’s a growing belief among traders it could be time to switch their accumulation strategy toward altcoins. “Altcoins, at this juncture, offer a far more optimal R/R [Risk Reward] profile than Bitcoin does,” pseudonymous crypto…

Jason Zhao was working as a product manager at Google’s cutting-edge AI division, DeepMind, when he realized there was a looming problem with generative AI remixing existing content into something new. He’s since been proven correct. AI is now reading and regurgitating news articles without payment on services like Perplexity, which threatens the business model…

Floki DAO — the organization that manages the memecoin Floki — has proposed allocating a portion of its treasury to an asset manager in a bid to launch an exchange-traded product (ETP) in Europe, allowing institutional investors to gain exposure to the memecoin.  In a proposal submitted on Dec. 25, members of Floki DAO are…

Turkey introduced new cryptocurrency regulations during the final week of 2024, inspired by positive regulatory developments in the world’s major jurisdictions, including Europe. Under the new regime, users executing transactions of more than 15,000 Turkish lira ($425) will be required to share their identifying information with the country’s crypto service providers, according to a Dec.…

Ether is showing signs of breaking out relative to Bitcoin in January 2025, according to a crypto analyst. TradingView shows Ether’s (ETH) relative strength to Bitcoin (BTC) — the ETH/BTC ratio — is currently at 0.0356, and MN Capital founder Michael van de Poppe said in a Dec. 24 X post that he “wouldn’t be…

PancakeSwap closed a record year in terms of cryptocurrency trading volume, owing to growing interest in decentralized exchanges and the expansion of layer-2 blockchain networks. Decentralized exchange (DEX) PancakeSwap recorded $310 billion in total trading volume during 2024, marking a nearly 179% year-over-year (YoY) increase from $111 billion in 2023. The record year was mainly…

Aave is mulling integrating a new Chainlink oracle designed to redirect profits from transaction frontrunning to the decentralized finance (DeFi) protocol’s users, according to a proposal in Aave’s governance forum.  On Dec. 23, decentralized oracle provider Chainlink released Smart Value Recapture (SVR), an oracle service specializing in capturing profits from maximum extractable value (MEV) to…