Forbes Web3 Celebrates Innovation: Legacy Pass Members Showcased in the Forbes Magazine
New York, USA, December 16th, 2024, Chainwire
In a celebration of innovation, Forbes Web3 proudly showcases the community members who hold the Forbes Legacy Pass in its December 2024/January 2025 issue. The Forbes Legacy Pass is more than a membership- it’s a transformative experience bringing together a cohort of global entrepreneurs, founders, and creators. It grants members exclusive access to global Forbes Web3 events, access to curated artist drops, and a global community of thinkers and d
Ripple CTO David Schwartz Issues Warning Ahead of RLUSD Stablecoin Launch
TL;DR
Ripple CTO David Schwartz has issued a cautionary note ahead of the RLUSD stablecoin launch, warning of potential supply shortages and price volatility despite its 1:1 parity with the US dollar.
Schwartz advised investors to avoid FOMO, emphasizing that RLUSD is intended to be a stable asset, not a speculative investment and that its price will stabilize close to $1.
Ripple plans to use RLUSD alongside XRP to enhance cross-border payment solutions, providing additional liquidity and sta
Eliza Labs and Stanford University’s FDCI to Explore AI Agents Impact on Digital Currency Systems
Palo Alto, California, December 16th, 2024, Chainwire
This partnership establishes the first AI x Web3 Lab at Stanford University’s Future of Digital Currency Initiative.
Stanford University’s Future of Digital Currency Initiative (FDCI) and Eliza Labs, creators of the open-source Eliza agent framework, today announced a groundbreaking research partnership to explore how autonomous AI agents will transform digital currency systems. The collaboration, set to begin in Q1 2025, brings together St
10 Weeks Straight: Crypto Market Inflows Skyrocket to $44.5B in 2024
TL;DR
The crypto market has seen an unprecedented surge in investment inflows, with digital asset investment products recording $44.5 billion in 2024, marking the 10th consecutive week of positive inflows.
Bitcoin and Ethereum have been the primary beneficiaries, with Bitcoin investment products seeing $2 billion in inflows and Ethereum experiencing its seventh consecutive week of inflows, totaling $3.7 billion.
The inflows have been geographically diverse, with significant contributions from
BYDFi Joins CODE VASP, Advancing Regulatory Efforts in Korea
Seychelles, Seychelles, December 16th, 2024, Chainwire
On November 27, 2024, BYDFi announced its official membership in South Korea’s CODE VASP Alliance. The partnership includes successful integration with the Travel Rule compliance solution, ensuring adherence to South Korea’s regulatory standards for crypto transactions. CODE formally welcomed BYDFi’s participation at the same time as a post. This important moment reflects BYDFi’s great attention to compliance and determined action and marks
Ethereum’s (ETH) price surged to $4,000 following significant activity from two newly created multi-signature wallets, which withdrew a combined total of 4,502 ETH from Binance.
The timing and scale of these transactions suggest potential institutional involvement, boosting the value of the staked ETH by 3% and generating an unrealized profit of over $500,000.
The activity highlights the market’s sensitivity to large transactions and underscores the growing interest in Ethereum from maj
Hyperliquid Expands Amid Increased BTC and ETH Fund Inflows in DeFi
TL;DR
Hyperliquid is growing significantly amid increased fund inflows into Bitcoin (BTC) and Ethereum (ETH) within the DeFi sector.
The recent surge in BTC and ETH prices has led to notable fund inflows into DeFi protocols, with Hyperliquid becoming a major hub for value locked, reaching a TVL of $3.19 billion.
Liquid restaking has expanded by over 6,000% in 2024, providing additional liquidity and security for DeFi protocols, further boosting investor confidence in platforms like Hyperliqui
Crypto Volatility Ahead? 4 Key U.S. Economic Events to Track This Week
TL;DR
Investors are closely monitoring four key U.S. economic events this week: the Federal Reserve’s anticipated rate cut, the release of the Consumer Price Index, the Producer Price Index, and initial jobless claims data.
The Federal Reserve’s rate cut decision could increase liquidity in financial markets, potentially boosting Bitcoin and other digital assets.
Higher-than-expected CPI and PPI data could signal rising inflation, increasing demand for cryptocurrencies, while initial jobless
Bitcoin Hits New ATH, and Experts Think This Could Be Just the Beginning
TL;DR
Bitcoin has reached a new all-time high of $106,488, driven by bullish market sentiment and strategic moves by major players, with the broader crypto market also experiencing a boost.
Key drivers include speculation around MicroStrategy’s Bitcoin purchases, political and economic developments, and technical analysis signaling further price appreciation.
Experts predict Bitcoin could surge past $120,000 by the end of the year, supported by institutional interest and the increasing adopti
Pepeto Introduces Advanced Features for Memecoin Enthusiasts
London, united kingdom, December 15th, 2024, Chainwire
Pepeto is currently in its presale phase, with tokens priced at $0.000000098 per token.
Pepeto distinguishes itself with advanced features, including a zero-fee cross-chain bridge, an exchange tailored for the next generation of memecoins, and a staking platform aimed at rewarding participants for sustained engagement.
The official website for Pepeto is https://pepeto.io Users should exercise caution and not visit any unofficial platform
PEPE Price Prediction for 2025-2030: a Smart Investment?
TL;DR
PEPE coin prices display a bullish pattern, hinting at a potential rally if the broader market stabilizes, despite the volatility exacerbated by market uncertainty.
Price predictions for PEPE from 2025 to 2030 vary, with optimistic forecasts suggesting significant growth and conservative estimates highlighting potential fluctuations.
By 2030, increasing adoption and progressive regulatory frameworks could boost PEPE’s value, making it a promising long-term investment despite inherent ma
Velodrome Finance is one of the most disruptive solutions to emerge within the DeFi ecosystem. It stands out primarily for its focus on sustainability and security. In a market where speed, low fees, and accessibility are essential to attract users and establish itself as an attractive option, this DEX showcases advanced technology and an economic model designed to foster long-term participation.
What is Velodrome?
Velodrome Finance is a decentralized exchange (DEX) operating on Optimism, a la
As blockchain technology evolves and acquires new use cases, it becomes imperative to work on developing infrastructures that combine speed, efficiency, and decentralization. This has led to the creation of specialized solutions like Sei Network, a layer 1 blockchain optimized for exchanges.
This network has tools designed to overcome the traditional limitations of decentralized finance (DeFi). It was designed with a particular focus aimed at solving the “exchange trilemma”—balancing scalabilit
VanEck Forecasts $180K Bitcoin Peak and Summer Consolidation in 2025
TL;DR
VanEck projects Bitcoin will reach $180,000 and Ethereum will surpass $6,000 in 2025, followed by a correction of up to 60% in altcoins during the summer.
The Trump administration will push pro-crypto policies, with expectations of new state Bitcoin reserves and the approval of innovative financial products.
Corporate adoption of BTC is expected to grow by 43%, with over 100 public companies accumulating reserves that will exceed those of Satoshi Nakamoto.
Litecoin (LTC) has lost relevance in the crypto market, showing technical stagnation and a lack of innovation since 2017, which has reduced investor interest.
Its creator, Charlie Lee, sold all his holdings in 2017, raising doubts about confidence in the project and its future.
Despite recent growth driven by Bitcoin’s rally, LTC remains far from its all-time high of $413 and is facing a downward trend.
Litecoin (LTC), the cryptocurrency created by Charlie Lee as a Bitcoin fork, has lo
Riot Platforms Acquires 5,117 BTC, Strengthening Its Bitcoin Holdings
TL;DR
Riot Platforms acquired 5,117 BTC for $510 million, increasing its reserves to 16,728 BTC, which is equivalent to $1.68 billion.
With this purchase, it becomes the third-largest public holder of Bitcoin, behind MicroStrategy and MARA Holdings.
The purchase was financed with the $525 million raised through the sale of convertible bonds, part of the company’s strategy to strengthen its presence in the crypto market.
Riot Platforms, a well-known Bitcoin mining company, has acquired 5,117
Sui Partners with Ant Digital Technologies on its RWA Project
Grand Cayman, Cayman Islands, December 13th, 2024, Chainwire
Sui, the innovative Layer 1 blockchain and smart contract platform, has partnered with Ant Digital Technologies and its Web3 technology brand ZAN, aiming to expedite the global assimilation of RWA (real-world assets) into the Web3 ecosystem.
ESG-backed real-world assets are ready to take the next step in financialization and become accessible to investors. With this partnership, those assets will be tokenized and become available on