Usual Labs’ USD0++ Falls to $0.92 As Ecosystem Questions New Redemption Model
Coinspeaker Usual Labs’ USD0++ Falls to $0.92 as Ecosystem Questions New Redemption Model
Usual Labs, which has carved a niche in the competitive stablecoin market with its unique approach to digital currency, is currently facing backlash. The startup’s staked token USD0++ has plummeted to $0.92.
This follows a major change in its redemption structure, as shared in a recent X post. This shift has shifted investor confidence, raising concerns about the future stability of the USD0 stablecoin ec
Crypto Exchange WazirX Shares Recovery Roadmap After $235M Hack
Coinspeaker Crypto Exchange WazirX Shares Recovery Roadmap after $235M Hack
WazirX, the Indian crypto exchange that suffered a $235 million hack last year in July 2024, has charted a recovery path aimed at compensating the affected users. As per reports, the exchange built the restructuring plan under the supervision of Singapore’s legal system.
Last year in August 2024, WazirX’s parent firm Zettai filed for a moratorium at the Singapore High Court. The firm also proposed a restructuring plan
Whale Bets Big on AI Agents: VIRTUAL, FAI, and AIXBT Target 2x Gains
Coinspeaker Whale Bets Big on AI Agents: VIRTUAL, FAI, and AIXBT Target 2x Gains
With the crypto market gradually healing, Bitcoin BTC $94 046 24h volatility: 2.1% Market cap: $1.86 T Vol. 24h: $57.69 B is now trading at $94,900. This improves the crypto fear and greed index to 43, as the market cap rises to $3.31 trillion.
Amid the recovering phase, altcoins are starting to gain momentum. Among the top-performing segments, the AI agents have been driving the narrative over the past 24 hours.
Capital Group Purchases 5% of Metaplanet’s Value to Strengthen Its Bitcoin (BTC) Strategy
Coinspeaker Capital Group Purchases 5% of Metaplanet’s Value to Strengthen Its Bitcoin (BTC) Strategy
Metaplanet Inc (Tokyo: 3350), a fast-growing company through tapping into the Bitcoin BTC $94 939 24h volatility: 1.9% Market cap: $1.88 T Vol. 24h: $58.04 B ecosystem, has welcomed a major investor. The mid-cap Japanese company, with a valuation of around ¥126.75 billion, announced that Capital Group, a privately held fund manager with more than $2.7 trillion in assets under management (AUM),
“Crypto President” Inauguration to Help BTC Cross $100K?
Coinspeaker “Crypto President” Inauguration to Help BTC Cross $100K?
Bybit, the world’s second-largest crypto exchange by trading volumes, published a report showing how macro factors are weighing over the turbulence in the crypto market as Bitcoin price continues to face strong rejection at $100K levels. The inauguration of “crypto president” Donald Trump would be crucial to determining the future trajectory and boosting investor sentiment.
Over the past week, there’s been heightened uncertai
C4 Launches KOL Incubation School to Empower Crypto Content Creators
Coinspeaker C4 Launches KOL Incubation School to Empower Crypto Content Creators
Crypto Content Creator Campus (C4) has launched its KOL (Key Opinion Leader) Incubation School. The announcement came via a Friday press release as the program aims to meet the rising demand for knowledgeable content creators within the crypto niche.
According to the announcement, this program is designed in such a way that it will create a structured pathway for aspiring and intermediate content creators to up th
Arbitrum DAO Votes on BoLD Protocol to Boost Security: Key Changes Ahead
Coinspeaker Arbitrum DAO Votes on BoLD Protocol to Boost Security: Key Changes Ahead
The Arbitrum DAO has opened voting on a proposal that could redefine the security landscape for its ecosystem. The improvement proposal, known as AIP, seeks to implement the Bounded Liquidity Delay (BoLD) protocol across Arbitrum One and Arbitrum Nova. If approved, the transition is set to roll out in February 2025.
BoLD has already proven itself on the Arbitrum testnet, where it has been live since April 2024
SUI SUI $5.06 24h volatility: 9.7% Market cap: $15.28 B Vol. 24h: $2.24 B , the native cryptocurrency of the Sui blockchain, has defied broader market trends by surging over 11% in the past 24 hours, trading at $5.11. This comes during a sluggish week for the crypto market, with Bitcoin BTC $94 948 24h volatility: 1.8% Market cap: $1.88 T Vol. 24h: $62.14 B down 7% from its weekly high of $102,000, currently trading at
Bithumb Adds New Sonic SVM and AHT Market Pairs With Unique Features and Rewards
Coinspeaker Bithumb Adds New Sonic SVM and AHT Market Pairs with Unique Features and Rewards
Bithumb, one of South Korea’s leading cryptocurrency exchanges, has announced the addition of new trading pairs for Sonic SVM SONIC $0.81 24h volatility: 5.9% Market cap: $292.27 M Vol. 24h: $1.08 B and AHT AHT $0.0109 24h volatility: 52.0% Market cap: $65.24 M Vol. 24h: $794.45 M . This move provides traders with fresh opportunities but also includes specific guidelines to ensure smooth and secure tran
Crypto Trader Nets $2.5M Profit After Bold PIPPIN Investment
Coinspeaker Crypto Trader Nets $2.5M Profit after Bold PIPPIN Investment
Many times cryptocurrency trading leads to fortunes and losses in the blink of an eye. Recently, a PIPPIN trader recovered from near ruin to staggering profit, turning a $1 million loss into an impressive $2.5 million profit.
As per the data by Lookonchain, in early November, the trader invested 5,441 SOL, valued at around $1.15 million, to acquire 20.46 million pippin (PIPPIN) tokens. However, shortly after the purchase,
Bitcoin Price Drop Under $92,000 Pushes Crypto Sentiment Index to Three-Month Low
Coinspeaker Bitcoin Price Drop under $92,000 Pushes Crypto Sentiment Index to Three-Month Low
Amid continuous selling pressure, Bitcoin price BTC $94 916 24h volatility: 1.4% Market cap: $1.88 T Vol. 24h: $54.89 B has corrected further hitting a low of $91,380 levels earlier today. As a result, the Crypto Fear and Greed Index, which measures the overall market sentiment, dropped by a massive 19 points in a day swinging towards the fear end, thereby hitting its lowest level since October 14.
UK FSMA: Crypto Staking Is Not Collective Investment Scheme
Coinspeaker UK FSMA: Crypto Staking Is Not Collective Investment Scheme
The United Kingdom has taken a significant step in clarifying the regulatory landscape for crypto staking. On January 8, 2025, the UK Treasury amended the Financial Services and Markets Act 2000 (FSMA) to specify that crypto staking does not qualify as a “Collective Investment Scheme” (CIS). Effective by the end of the month, this amendment aims to provide clarity and foster innovation within the crypto industry.
Ethereum and XRP Signal Breakout Amid Crypto Wallet Growth
Coinspeaker Ethereum and XRP Signal Breakout amid Crypto Wallet Growth
Over the past week, the total crypto market capitalization has dropped by 5.35%. This sudden bearish turn came with Bitcoin price BTC $94 976 24h volatility: 1.9% Market cap: $1.88 T Vol. 24h: $61.79 B falling to nearly $90,000.
This highlights the quick fizzle of the early 2025 recovery week of 6.98%. Currently, the crypto market cap stands at $3.24 trillion with Bitcoin trading at $94,789.
Bitcoin Price to Recover Again Soon, Says Wall Street Analyst
Coinspeaker Bitcoin Price to Recover Again Soon, Says Wall Street Analyst
The selling pressure on Bitcoin BTC $94 962 24h volatility: 1.7% Market cap: $1.88 T Vol. 24h: $62.06 B may already be easing up after its prices recovered above the $94,000 mark. This recovery followed a short stint at levels around $91,300 earlier today.
According to Wall Street veteran investor Raoul Pal, more recovery should be expected from BTC from here onwards, even as the Global M2 money supply continues to expan
$2.6B Worth Token Unlock Set to Shake Crypto Market in January
Coinspeaker $2.6B Worth Token Unlock Set to Shake Crypto Market in January
As 2025 kicks off, the cryptocurrency market is bracing for a wave of major token unlock events, set to inject over $2.6 billion worth of tokens into circulation between January 13 and January 19. These unlocks mark the end of vesting periods for several blockchain projects, potentially reshaping market dynamics.
Leading the pack, Ondo Finance will release 1.94 billion ONDO tokens ONDO $1.30 24h volatility: 3.9% Market
Raydium, Solana’s leading decentralized exchange (DEX), has launched perpetual futures trading by integrating with Orderly Network. This debut represents Solana’s first perpetual futures trading option, backed by Orderly’s sophisticated omnichain liquidity system. This milestone signals a critical shift for decentralized finance on Solana, expanding trading opportunities.
Sol Strategies Secures CAD $27.5M Funding to Expand Validator Operations, SOL Holdings
Coinspeaker Sol Strategies Secures CAD $27.5M Funding to Expand Validator Operations, SOL Holdings
Sol Strategies Inc. has announced a CAD $27.5 million private placement fully funded by ParaFi Capital. The Canadian-based company outlined its plans for the funds, which include accumulating more SOL tokens, expanding its validator operations, and covering other business expenses.
The team explained that the CAD $27.5 million private placement involves convertible debenture units, each consistin
Nansen Partners With TON Blockchain to Enhance Analytics for Web3 Growth
Coinspeaker Nansen Partners with TON Blockchain to Enhance Analytics for Web3 Growth
Nansen has joined forces with the TON Blockchain to provide advanced tools and analytics for users. These tools are designed to benefit developers, investors, and the wider crypto community, enabling them to better understand and engage with the blockchain ecosystem.
The partnership will begin with the rollout of Query and Growth Dashboards, powerful tools that offer valuable insights into the TON ecosystem. A
Circle Donates 1M USDC to Donald Trump’s Inaugural Committee
Coinspeaker Circle Donates 1M USDC to Donald Trump’s Inaugural Committee
Circle, the issuer of USDC $1.00 24h volatility: 0.1% Market cap: $45.34 B Vol. 24h: $7.10 B , has donated a massive 1 million in the leading stablecoin to the upcoming president Donald Trump’s inaugural committee after multiple US-based firms made a similar move in 2024. The president-elect will take over the White House on January 20th, and big developments are expected by the digital asset sector under Trump’s crypto-fr
Former Nasdaq Exec Ira Auerbach Joins Offchain Labs to Lead VC Arm Tandem
Coinspeaker Former Nasdaq Exec Ira Auerbach Joins Offchain Labs to Lead VC Arm Tandem
Offchain Labs, the Web3 startup behind Arbitrum, an Ethereum Layer 2 network, is focusing on the next big step in its growth. In a strategic move, the firm has appointed Ira Auerbach as the new head of Tandem, its partner studio and venture capital arm.
With his experience from Nasdaq and Gemini, Auerbach has broad plans to lead and grow Tandem. As reported by The Block, Auerbach is ready to guide the outfit