Author: James Wilson

Since the launch of the first NFTs, they have gradually gained popularity not only among crypto investors but also among artists, celebrities, and people from all walks of life. But popularity brought some challenges. Scalability and transaction costs quickly became major headaches, especially on Ethereum, the go-to network for NFTs. The Layer 2 model changed the game by addressing these pain points, making transactions seamless and efficient. This is the same model that powers Immutable X, a leading blockchain platform for GameFi projects and NFT collections. Let’s take a deeper look at how this project works. What is Immutable X…

Litecoin emerged as an “improved” version of Bitcoin, yet it has never quite managed to surpass it. Nevertheless, it still ranks among the top 20 cryptocurrencies by market capitalization. So, why isn’t Litecoin (LTC) just Bitcoin’s “little brother”? What makes it unique and cool in its own right? Let’s figure it out. What is Litecoin? Litecoin is a cryptocurrency that boasts benefits such as low transaction fees, Bitcoin (BTC) protocol compatibility, and its own ASIC miners for improved security. Introduced in 2011, two years after Bitcoin, Litecoin was made to address Bitcoin’s shortcomings by offering quicker transactions and more accessible…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. While the XRP price is predicted to soar past $4 by March 2025, AI coin WallitIQ is set to steal the spotlight with explosive surges. XRP price predictions suggest a rally past $4 by March 2025. Meanwhile, an explosive AI coin is emerging in the crypto space. WallitIQ (WLTQ) is set to outperform with a staggering 11,000% surge, reaching $4 well before the XRP price and positioning itself as the next-generation leader in the crypto space. WallitIQ leads the…

Litecoin, Jito, and Bittensor added between 17% and 22% to their values in the past seven days, according to CoinGecko data. Bitcoin’s resilience and the market-wide recovery in crypto has paved the way for gains in altcoins. Litecoin, Jito and Bittensor extend rallies on Friday   Litecoin (LTC), Jito (JTO) and Bittensor (TAO) added to their value on Friday after seven days of double-digit price rallies. The Bitcoin fork (LTC), Solana-based token (JTO), and AI token (TAO) outperformed most altcoins, ranking within the top 100 cryptocurrencies by market capitalization.  Top 5 cryptocurrencies by seven-day gains | Source: CoinGecko As Bitcoin continues…

H.C. Wainwright analysts have raised their price target for Coinbase to $350 following a strong fourth-quarter earnings report, citing the company’s market share gains and bullish management outlook. Coinbase reported $2.27 billion in revenue for Q4 2024, marking an 88% increase quarter-over-quarter and a 138% rise year-over-year. The results exceeded Wall Street estimates of approximately $1.8 billion, according to an analyst note shared with crypto.news.  CEO Brian Armstrong described the current market environment as “a golden age for crypto,” emphasizing that increased regulatory clarity post-election has been a key driver of industry growth. Trading volumes surged 132% quarter-over-quarter to $439…

Avenir Group has expanded its Bitcoin holdings, reporting $599 million in BlackRock’s iShares Bitcoin Trust.  Avenir’s increased exposure was revealed in its 13F filing, which details institutional investments, including asset positions and valuations. The surge aligns with IBIT’s rapid growth, which now manages $56 billion in assets.  The growth of BlackRock’s Bitcoin (BTC) ETF reflects rising institutional interest in crypto investments. Avenir’s expanded stake highlights its strategic bet on the growing demand for regulated digital asset investment products. The firm also disclosed a $4.2 million stake in Fidelity’s Wise Origin Bitcoin Fund, holding 52,544 shares. Avenir Group is an institutional…

Wisconsin more than doubled its Bitcoin exposure in three months, while Abu Dhabi’s sovereign wealth fund publicly disclosed its Bitcoin purchase. The State of Wisconsin Investment Board acquired an additional 3.1 million shares of BlackRock’s iShares Bitcoin (BTC) Trust in Q4 2024, according to a 13F filing with the Securities and Exchange Commission Last year, Wisconsin became the first sovereign fund to gain exposure to Bitcoin ETFs. Initially, the board purchased nearly 95,000 IBIT shares and also invested in the Grayscale Bitcoin ETF. By August, Wisconsin had increased its holdings to approximately 2.9 million shares. As of the latest filing,…

Inversion Capital, led by angel investor Santiago Roel Santos, is launching a custom Layer 1 blockchain on Avalanche to bring businesses onchain.  Inversion will use the new blockchain to execute a private equity strategy — acquiring traditional businesses and integrating them with blockchain technology. This is comparable to private equity firm KKR’s financial engineering approach — but with crypto engineering.  Inversion’s approach to crypto adoption differs from traditional methods. Instead of convincing businesses to adopt blockchain, Inversion will buy companies and integrate blockchain into their operations, according to a note shared with crypto.news  The company plans to use blockchain to…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Meme coins rise in politics, but CAR coin’s controversy raises doubts. XYZ, a sports-themed coin, stands out with real promise. Meme coins are storming the political scene, with new tokens popping up like mushrooms after the rain, riding the wave of TRUMP coin’s success. But are they really trustworthy? Where there is hype, there is risk. Take the Central African Republic Meme (CAR), a crypto project launched by the government of the Central African Republic and promoted by President…

Pudgy Penguins token is showing signs of bottoming out after crashing nearly 90% from its all-time high. Pudgy Penguins (PENGU) price rose to $0.011 on Friday, up by almost 20% from its all-time low.  The token’s rebound comes as third-party data shows a sharp decline in Pudgy Penguins sales due to waning demand. According to CryptoSlam, sales have plummeted 55% in the past seven days to $5.1 million. The number of transactions fell 45% to 186, while the number of buyers dropped to just 97.  Sales have also declined over the past 30 days, falling 57% to $44 million. During…