Day: January 2, 2025

Bitcoin Eyes $120K Amid Recovery

Bitcoin has bounced back from its year-end slump, with the price climbing over 3.4% in the last 24 hours to $97,000. Despite the recovery, BTC has yet to reclaim the $100,000 milestone it lost on December 19. According to Isaac Joshua, CEO of token launch platform Gems, the downturn was primarily driven by end-of-year tax-loss […]

Syria Eyes Bitcoin for Economic Revival

Amid the ruins of its war-torn economy, Syria is exploring a revolutionary step to modernize its financial system. Following the installation of a transitional government, the Syrian Economics Research Center (SERC) has submitted a proposal advocating for the integration of Bitcoin and other digital assets into the country’s economy. This ambitious plan aims to tackle […]

ai16z: Solana’s AI Meme Coin Star

In the past 24 hours, ai16z, Solana’s leading AI-based meme coin, made waves by gaining another 33% and surpassing a $2 billion market cap. This remarkable milestone places it ahead of competitors like Pudgy Penguins (PENGU), making it the first AI token on Solana to achieve such a valuation. Reports highlight significant whale activity, with […]

Aave Hits Record $33.4B Deposits

Aave, one of the leading decentralized finance (DeFi) protocols, reached an unprecedented milestone in 2024, achieving a record $33.4 billion in total deposits. This all-time high surpassed its previous peak during the 2021 bull market, marking a new chapter of growth fueled by strategic blockchain integrations and innovative projects. The protocol’s achievements come as Aave […]

Ripple’s Bold XRP Release Sparks Optimism

On New Year’s Day, Ripple unleashed 500 million XRP tokens from its escrow account, aligning with its strategic monthly distribution plan. This release, valued at over $1 billion, is part of Ripple’s ongoing effort to control and sustain XRP’s market supply. The release came with a surprising memo that read: “January 20th is around the […]