Tether Bitcoin Holdings Hit $7.68 Billion After Latest 7,629 BTC Addition
TL;DR
Tether acquired 7,629 BTC, worth $705.25 million, increasing its total reserves to 82,983 BTC, valued at $7.68 billion.
This purchase is part of the strategy announced in May 2023, which allocates 15% of its monthly profits to Bitcoin purchases.
In addition to its Bitcoin reserves, it holds $100 billion in bonds and 48.3 tons of gold, solidifying its position as one of the largest bond investors in the world.
Tether has significantly increased its Bitcoin reserves. The company has acqu
BlackRock’s IBIT Fund Becomes the Most Successful ETF Launch in History
TL;DR
BlackRock’s IBIT reached $50 billion in assets in just 11 months, breaking records in the financial industry and setting a new benchmark for ETFs globally.
Its unprecedented growth helped Bitcoin surpass the $100,000 mark, attracting institutional investors and reshaping the perception of digital currencies.
Vanguard’s conservative stance leaves it lagging behind, while BlackRock dominates crypto ETF innovation, reshaping global investment strategies and appealing to a younger generati
Bitcoin’s Store of Value Reaches $1.03 Trillion Across Wallets and Exchanges
TL;DR
According to Ki Young Ju, CEO of CryptoQuant, Bitcoin has reached a value of over $1.03 trillion stored in wallets and exchanges, establishing itself as a powerful store of value.
The Bitcoin store of value metric has increased by 85% this year, reflecting the growing interest and trust of investors in the cryptocurrency.
Although Bitcoin’s price has not risen significantly, network indicators like hashrate and mining difficulty have reached historic highs.
Sky Protocol Reports $22M December Revenue Amid DeFi Recovery and Growth Plans for 2025
TL;DR
Sky Protocol, formerly MakerDAO, reported a record-breaking $22.18 million in revenue for December 2024, reflecting the DeFi sector’s recovery.
Factors driving this growth include increased usage of the native stablecoin DAI/USDS, with daily fees peaking at $1.3 million and DAI supply rising to $6.2 billion.
Sky Protocol’s rebranding and collateral overhaul, along with ambitious expansion plans for 2025, include greater adoption of USDS and services on the Solana blockchain.
Massive Token Unlock Set for Next Week: SUI, Optimism, Ethena, and More
TL;DR
The crypto market is set for significant token unlocks next week, including SUI, Optimism, Ethena, and more, with a total value exceeding $832 million.
SUI will lead the releases with 64.19 million tokens valued at $263.20 million, followed by Optimism with 31.34 million tokens worth $58.30 million, among other notable projects.
The influx of new tokens may create downward price pressure, but analysts believe increasing stablecoin inflows could help prices withstand the new supply.
Hyperliquid Launches Staking on Mainnet: A Major Step for HYPE Holders
TL;DR
Hyperliquid has launched staking on its mainnet, allowing HYPE token holders to secure the network by locking their tokens and validating new blocks.
The staking process involves delegating HYPE tokens to trusted validators, with 300 million tokens staked at launch and an additional 7 million staked by users in the first hour.
The launch has positively impacted HYPE’s market performance, with the token’s value surging and its market cap reaching $9.2 billion, making it one of the top 20
AI Agent Platform ai16z Explores Tokenomics Enhancements and AI-Specific Blockchain Launch
TL;DR
AI agent platform ai16z is enhancing its tokenomics and exploring the launch of a Layer 1 blockchain tailored for AI applications to improve the value of its native token.
The platform plans to introduce staking mechanisms and a token launchpad in Q1 2025, increasing the utility and attractiveness of the ai16z token for investors and users.
ai16z’s potential Layer 1 blockchain aims to provide a robust infrastructure for AI agents, leveraging the platform’s expertise in AI and blockchain
Grayscale Research Updates Top 20 Crypto Assets for the Upcoming Quarter
TL;DR
Grayscale Research’s latest quarterly update highlights the top 20 crypto assets with significant growth potential, reflecting the industry’s dynamic nature.
Six new assets added to the top 20 list include Hyperliquid (HYPE), Ethena (ENA), Virtual Protocol (VIRTUAL), Jupiter (JUP), Jito (JTO), and Grass (GRASS).
The update emphasizes three central market themes: U.S. election implications on regulation, breakthroughs in decentralized AI technologies, and growth in the Solana ecosystem.
How Can AI Agents Assist in Cryptocurrency Development?
TL;DR
The combination of AI agents with cryptocurrency infrastructures has the potential to transform the digital economy by offering automation and programmable global transactions.
The immaturity of the AI agent market and the cultural disconnect with the crypto ecosystem make the seamless integration of these technologies challenging.
Solutions such as customized tokens, reputation systems, and tailored protocols are fundamental to unlocking the combined potential of both technologies.
The crypto market and decentralized finance (DeFi) face an extremely complex problem on a daily basis: stability. This kind of Achilles’ heel has been both the reason for being and the driving force behind the creation of new solutions. Among them, Ethena, a project designed to solve the trust and scalability issues of decentralized financial systems.
What is Ethena?
Ethena is a DeFi platform that introduces a system of synthetic stablecoins with the aim of offering a stable digital asset, ind
Crypto Frauds Surge 40% in 2024: $3.6 Billion Lost to ‘Pig Butchering
TL;DR
The “Pig Butchering” fraud caused $3.6 billion in losses in 2024, making it the biggest threat to cryptocurrency users.
Cyber frauds increased by 40% compared to the previous year, with $2.3 billion in losses.
Despite the losses, $1.3 billion was recovered thanks to the efforts of investigators, and although there was an increase, the losses were 37% lower than in 2022.
The fraud known as “Pig Butchering” became the most recurrent threat for cryptocurrency users in 2024, causing losses
Mantle Recaps its 2024 and Unveils Ambitious Plans for Next Year
TL;DR
Mantle closed 2024 with a record TVL of $2.36 billion and established the mETH protocol as the fourth-largest liquid staking protocol for ETH.
The Scouts Program will return in 2025 with 40 scouts, driving projects focused on consumer, payments, and artificial intelligence applications.
The integration of Succinct’s SP1 improved scalability and security, achieving transaction finality in under an hour and aligning closer with Ethereum’s economy.
A Record Year for Cardano: The Rise of Plutus V2 and Developer Adoption
TL;DR
Cardano experienced massive growth in 2024, adding over 96,000 smart contracts in Plutus V2 and establishing itself as a leader in blockchain technology.
The launch of Plutus V3 introduced improvements in efficiency, interoperability, and costs, attracting more developers to the ecosystem.
ADA increased by 52.79% in 2024, driven by optimism about its growing utility and technological adoption.
Cardano achieved outstanding performance in 2024, becoming one of the most advanced and devel
HPL Games: Pioneering the Future of Mobile Gaming with Blockchain Integration
San Francisco, United States, December 27th, 2024, Chainwire
HPL Games, an innovative start-up at the forefront of gaming and blockchain technology, is working to reshape the future of mobile gaming. By bridging the gap between traditional gaming and Web3 innovation, HPL Games seeks to deliver immersive mobile experiences with the power of blockchain-backed in-game currencies.
HPL Games is targeting the launch of its first mobile game by the end of 2025 and is inviting early supporters to part
Stablecoin Inflows to Exchanges Drive Crypto Recovery After Christmas Dip
TL;DR
Crypto whales are making large stablecoin deposits to Binance.
A $500 million transfer to Binance has been reported, raising expectations of potential asset accumulation.
Bitcoin reserves on exchanges have decreased, indicating possible accumulation by investors.
Cryptocurrencies are showing signs of recovery after the Christmas dip, driven by increased stablecoin deposits into centralized exchanges, especially Binance. This trend has caught the attention of analysts, who highlight gro