News
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1Analysts Say Bitcoin’s DeepSeek Drop Is Temporary—Buy the Dip Now Standard Chartered Suggests2Erik Voorhees' AI platform Venice launches VVV token on Ethereum Layer 2 Base3Eric Trump Confirms President’s Plan to Make XRP, ADA, ALGO, HBAR Tax Free
Experts Explain Why DeFAI Will Be the Big Story of 2025
DeFAI combines AI with DeFi, simplifying complex processes and empowering users with AI-driven tools. Analysts predict rapid adoption in 2025.
BeInCrypto·2025/01/09 03:24
Quick Look at the New Hot Token $LLM: 4-Hour 55M Trading Volume, "Fat Girl" Conquering the Crypto Market
$LLM may have the potential to surpass AI16z in market capitalization and cultural influence like Fartcoin did with Goat.
BlockBeats·2025/01/09 03:04
XRP Price Stagnates Despite $3 Billion Whale Accumulation
XRP whales amassed $3 billion in tokens, but bearish indicators keep prices rangebound. XRP remains stuck below key resistance levels.
BeInCrypto·2025/01/09 02:30
AI Agent Platform Phala Network Launches New L2 Rollup on Ethereum
Phala Network’s Op-Succinct rollup boosts Ethereum scalability, combining ZK proofs and Optimistic Rollups for optimized Web3 and AI applications.
BeInCrypto·2025/01/09 02:19
Crypto Crash: Why is the Crypto Market Down?
Cryptoticker·2025/01/09 01:30
Grayscale Revamps Crypto Funds: New Altcoins for AI, DeFi, and Large Cap Portfolios
Grayscale Investments reshaped its crypto fund portfolios, adding assets like Livepeer and SUI while shifting strategies for 2025. Explore the latest updates.
BeInCrypto·2025/01/08 22:19
Peter Brandt Offers Cautious Outlook on Bitcoin’s Price Trends Amid Market Volatility
Coinotag·2025/01/08 19:44
Bitcoin Funding Rate Decline: Implications for BTC Bulls as Demand Shows Signs of Exhaustion
Coinotag·2025/01/08 19:44
The Scoop: Rising political risks and renewed macro uncertainty soften crypto's post-election surge
The post-Trump rally was largely fueled by the belief that the president-elect would alleviate the anti-crypto stance of Gensler, but recent market jitters have led some to reassess whether political risk is resurfacing.This column is adapted from The Scoop newsletter.
The Block·2025/01/08 18:33
Celestia (TIA) Faces Potential 9% Decline Amid Growing Bearish Pressure
Celestia’s price plunged 15% amid bearish technical signals, including a death cross and rising ADX. Support at $4.54 is key to stability.
BeInCrypto·2025/01/08 18:30
Flash
- 04:27Swarms founder: Autonomous hedge funds are coming soon, including proxy trading and other featuresSwarms founder Kye Gomez posted on X that the swarms autonomous hedge fund will be launched soon and announced its preview, including functions such as investing in DAOs, proxy trading, and profit distribution to members.
- 04:26Bitcoin falls as AI industry turmoil drives gains, analysts say initial market reaction may be overdoneDeepSeek’s success points to growing competition from China in artificial intelligence, heightening concerns about whether high valuations for U.S. tech stocks can last. The risk for the cryptocurrency industry is that such anxiety could dampen broader speculative enthusiasm and blunt the boost from Trump’s executive order supporting digital asset regulation. “While cryptocurrency markets remain closely tied to tech sentiment, periods of heightened volatility tend to be temporary and initial market reactions may be somewhat overdone,” Rick Maeda, a research analyst at Presto Research, wrote in a note to clients. Bitcoin’s 30-day correlation with the Nasdaq 100 is about 0.67, according to data compiled by Bloomberg. A reading of 1 indicates that assets move in sync, while a reading of -1 indicates an inverse correlation. Charlie Morris, chief investment officer at ByteTree Asset Management, believes that “it’s becoming increasingly difficult to distinguish between Bitcoin and Big Tech” given that the two companies have moved hand in hand. Despite the executive order and a pullback in the dollar index this year, “Bitcoin has also been unable to hit new highs,” he wrote in a note. Parts of the digital asset market have already been caught in a deep correction. An index tracking the top 100 digital assets has fallen more than 10% since the beginning of the year. (Bloomberg)
- 04:26U.S. Senator Warren puts pressure on Commerce Secretary nominee Lutnick to explain his relationship with TetherOn January 29, U.S. Democratic Senator Elizabeth Warren was pressuring Trump's nominee for Commerce Secretary Howard Lutnick to explain his and his company Cantor Fitzgerald LP's relationship with Tether, raising questions about possible conflicts of interest ahead of Lutnick's confirmation hearing on Wednesday. In a letter to Lutnick on Tuesday, Warren asked about his relationship with Tether Holdings Ltd., including the amount of investment he and Cantor Fitzgerald had made in the stablecoin issuer. She also asked Lutnick to detail any due diligence conducted and whether they had verified whether Tether complied with the "KYC" rules, international sanctions and anti-money laundering laws in the Bank Secrecy Act. Lutnick did not list Tether or any other cryptocurrency investments in his financial disclosure form, but listed assets worth at least $806 million and more than 800 legal entities in which he was involved. Cantor Fitzgerald holds shares in Tether and plays a role in its operations. Lutnick said in his ethics agreement that he would divest all of his holdings in Cantor Fitzgerald and its affiliates if approved by the U.S. Senate. In her letter, Warren questioned whether these measures were sufficient to avoid conflicts of interest, noting Lutnick’s status as a well-known backer of Tether and his relationship with Tether’s billionaire chief financial officer, Giancarlo Devasini. Tether said in a statement that it complies with KYC rules and voluntarily cooperates with law enforcement to prevent illegal behavior. Tether denies any ties to criminals and says it is working with law enforcement to freeze proceeds from illegal activity. In addition, Warren wants Lutnick, co-chair of the Trump transition team, to describe any discussions he has had with new administration officials about Tether. She also noted that Lutnick maintains a personal relationship with his company (his two sons work at Cantor Fitzgerald Group) and is concerned that Lutnick could continue to exert control after divesting his holdings. (Bloomberg)