Author: James Wilson
Ethereum’s Vitalik Buterin is tired of hearing that “degen casino” is the best market fit for crypto, expressing frustration over the industry’s narrow focus. Amid growing concerns about Ethereum‘s direction, co-founder Vitalik Buterin expressed frustration with claims that its model isn’t the best fit for the market, especially as it struggles to compete with the “degen casino” appeal drawing retail interest. Fighting consumes energy and brings people to the breaking point. This is part of the condition of life.Do I feel good when I hear people from crypto twitter and VC firms telling me that PvP KOL degen casino that’s…
Canada’s crypto firms are stuck between two banking realities—ATB Financial, which welcomes Bitcoin and Ethereum businesses, and the country’s biggest banks, which want nothing to do with them. On Feb. 6, Bloomberg reported that ATB Financial, a government-owned bank in Alberta, has become a crucial ally for crypto companies in Canada, as most major Canadian banks remain hesitant to provide financial services to digital asset firms. The move has made Alberta a growing hub for blockchain businesses, with the provincial government aiming to generate $3.5 billion in revenue from crypto and tech by 2030. ATB, which reported $28.3 billion in…
Kite AI has launched the first AI-focused Layer 1 blockchain on Avalanche, creating a decentralized environment for AI models, tools, and data. The testnet on Avalanche (AVAX) aims to improve AI development by addressing blockchain scalability and efficiency challenges, according to a note shared with crypto.news. The platform introduces Proof of Attributed Intelligence, a consensus mechanism that tracks and rewards AI contributions. This system ensures transparency and incentivizes data providers, model builders, and AI agents. Kite AI also features a decentralized data access engine, a composable AI ecosystem with customizable subnets, and decentralized AI memory for long-term attribution. Improved AI…
Ethereum ETFs recently recorded their third-biggest day ever, adding $500M in a week—16% of all inflows since launch. With ETH stabilizing, could this signal a larger trend reversal? Spot Ethereum (ETH) ETFs have seen a surge in inflows over the past week, with more than $500 million entering the market in the last five trading sessions as of Feb. 6. According to CoinGlass, the recent wave of investments accounts for about 16% of all-time net inflows, which now stand at $3.17 billion, and represents 18% of the $2.8 billion that flowed in between Jul. 23, when spot Ethereum ETFs were…
The Winklevoss twins are considering taking their crypto exchange and custodian company public, according to a Bloomberg report. Tyler and Cameron Winklevoss, co-founders of Gemini, are exploring an initial public offering in 2025, Bloomberg reported, citing sources familiar with the matter. The firm is currently in discussions with bankers about a potential listing, though no final decision has been made. The twins have been vocal in their support of U.S. President Donald Trump during the election cycle. His return to the White House is widely viewed as a positive development for the crypto industry. The timing of a potential IPO…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rexas Finance emerges as a capable PEPE rival, aiming to offer real-world utility and significant growth. Riding the wave of meme currency enthusiasm and providing considerable profits to early investors, Pepe (PEPE) has been the buzz of the crypto community since its launch. The journey has been exciting for those who arrived early. However, investors now question whether there is still potential for development or if the next significant opportunity resides elsewhere. Enter Rexas Finance (RXS), a new cryptocurrency…
Ethereum’s Pectra upgrade is set to go live on the Holesky and Sepolia testnets in February and March, according to the latest announcement from core developers. On Feb. 6, Ethereum (ETH) core developers confirmed that the Pectra upgrade will launch on the Ethereum test networks Holesky on February 24, 2025, and Sepolia on March 5, 2025. If all goes well, the highly anticipated network update will go live on the mainnet in April. Earlier timelines had the mainnet in March Tim Beiko, an Ethereum core developer and Ethereum Foundation support lead, shared the timeline details on X. According to him,…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Cardano struggles amid a market blip, while 1Fuel steals the spotlight with its presale and transformative features. Market blips are momentary periods of setback or interruption in the market. It’s a period where smart investors can increase their chances of gaining, while others may lose it all. That said, the 1Fuel (OFT) presale is gaining attention among investors as Cardano (ADA) struggles. Cardano falls below $1 The ongoing market blip hasn’t spared Cardano. The altcoin suffered over 25% loss…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Despite the ongoing crypto sell-off, Lightchain AI’s presale has raised over $15.3 million, attracting strong investor interest with its AI-powered blockchain ecosystem. Despite the ongoing crypto market sell-off, certain presales are still attracting strong investor interest, and Lightchain AI is leading the way. Lightchain AI has already raised over $15.3 million at a presale price of $0.006, proving its resilience and demand even in a volatile market. Unlike hype-driven tokens, Lightchain AI offers real-world utility with its AI-powered blockchain…
Solana price has pulled back after soaring to $295 in January as its ecosystem and the broader crypto industry lost momentum. Solana (SOL) dropped to the psychological level of $200, marking a 35% decline from its highest point this year. This retreat is largely due to Bitcoin (BTC) and other altcoins pulling back. Bitcoin has fallen from this year’s high of $109,200 to below $99,000, weighing on tokens in the Solana ecosystem. According to CoinGecko, the total market cap of all Solana meme coins has declined from over $25 billion in January to $12 billion. Most of these tokens, including…