January 8, 2025

Elon Musk Endorses Pro-Crypto Canadian PM Contender Pierre Poilievre Ahead of Canada’s Election

Tesla and SpaceX CEO Elon Musk has shown his support for Pierre Poilievre, Canada’s pro-Bitcoin opposition leader. This follows Canadian Prime Minister Justin Trudeau’s announcement of his resignation on January 7, in the wake of the abrupt departure of his finance minister, Chrystia Freeland. The Endorsement Musk shared a video of Poilievre discussing inflation and...
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Cardano (ADA) Sell-Off Imminent? Whales Sell 70 Million Tokens

Amid market uncertainty, ADA, the native token of the Cardano blockchain, appears bearish as whales have been found dumping their holdings. Whales Sell-Off 70 Million ADA Tokens Today, January 9, 2024, a prominent crypto expert posted on X (formerly Twitter) that crypto whales have dumped a significant 70 million ADA tokens. The post on X...
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Judge Pauses SEC Lawsuit Against Coinbase

A federal judge has allowed Coinbase to pursue an interlocutory challenge in the Second Circuit Court of Appeals in its ongoing case with the U.S. Securities and Exchange Commission (SEC), citing conflicting rulings on crypto’s legal status. Judge Katherine Failla granted the exchange’s appeal of her March 2024 order, which had denied the company’s motion...
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ChainGPT gives a $50,000 grant to ChainAware for AI solutions developments

[PRESS RELEASE – Dubai, United Arab Emirates, January 8th, 2025] ChainGPT, a pioneer in blockchain AI solutions, has announced a $50,000 grant to ChainAware.ai, a leader in Web3 security and analytics. This strategic investment aims to accelerate the development of innovative solutions designed to enhance security and provide actionable insights for Web3 users and businesses....
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AIPUMP Rivals VIRTUALS on Solana; KuCoin Announces First AI Token Listing of 2025

[PRESS RELEASE – London, United Kingdom, January 8th, 2025] aiPump, a no-code platform for the creation and deployment of AI Agents in the blockchain space, has been listed on KuCoin as the exchange’s first AI token listing of 2025. This development positions AIPUMP as a competitor to VIRTUALS on the Solana blockchain, highlighting its innovative...
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Thailand To Launch Bitcoin Payment Pilot Program In Phuket In 2025

In a latest development, Thailand is all set to launch a pilot program in Phuket in 2025, enabling tourists to use Bitcoin for transactions and streamlining digital payments. It aims to trial cryptocurrency payments in Phuket, one of its most popular tourist destinations, by offering foreign visitors an alternative payment option. This initiative was announced...
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LUNA x WUKONG x MUSIC: A Collaboration Redefining Entertainment Through AI and Web3 Innovation

[PRESS RELEASE – Kuala Lumpur, Malaysia, January 8th, 2025] Virtual idol LUNA, renowned DJ/producer WUKONG, and AI-powered music platform MUSIC have joined forces to transform entertainment. This partnership combines LUNA’s virtual charisma, WUKONG’s musical artistry, and MUSIC’s Web3 innovation, setting a new benchmark for creativity, fan engagement, and cross-IP collaboration. LUNA: Leading the First Virtual-Human Collaboration...
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Kiyosaki Urges Investors to ‘Buy Low and HODL’ as Bitcoin Plunges Below $95,000

Bitcoin plunged below $95,000 on Wednesday after shedding almost 8% over the past day. Amidst heightened volatility, investors appear to have positioned themselves cautiously. But prominent entrepreneur and investor Robert Kiyosaki believes the latest “crash” is great. Here’s why: Opportunity in Crisis Kiyosaki took to X to express his optimism about Bitcoin despite its recent...
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Decentralized Verifiable Data Streaming to Hugging Face: The AI Data Infrastructure of RSS3

[PRESS RELEASE – San Francisco, California, January 8th, 2025] RSS3 has introduced a comprehensive Web3 dataset on Hugging Face, serving as a valuable resource for AI applications. This decentralized and verifiable dataset transforms machine learning by granting developers open access to structured data derived from platforms such as Farcaster and Lens, fundamentally reshaping the construction...
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Could Plunging Treasury Yields Be Why BTC Price Slumped Tuesday?

Rising Treasury yields as a result of falling bond prices Tuesday knocked tech stocks in the Nasdaq Composite down nearly 2%. Aside from BTC, Ethereum fell nearly 8%, Ripple dropped by 6%, and Solana slumped by nearly 10% in the 24-hour window. BTC Price Retraces Jan 6 Bump on New Congress Going into the work...
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Ripple-Chainlink Stablecoin Partnership Doesn’t Stop XRP and LINK Sinking

US fintech firm Ripple and blockchain oracle provider Chainlink have partnered to accelerate the adoption of the cross-border payments firm’s stablecoin, Ripple USD. “Ripple has adopted the Chainlink standard to access highly secure and reliable pricing data around the recently launched Ripple USD (RLUSD) stablecoin,” stated Chainlink on Jan. 7. Ripple describes its new stablecoin...
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Volatility Returns as BTC Dumps 7% to $95K Amid $700M in Liquidations

Bitcoin prices have slumped back into five-figure territory, with the asset hitting an intraday low of $95,164 during early trading in Asia on Wednesday following a fall of almost 6% in 12 hours, according to CoinGecko. On Tuesday, Jan. 7, the asset topped $102,000 after gaining 10% over the past week. However, most of those...
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Bitcoin as a Reserve Asset? Czech Central Bank Governor Opens the Discussion

Governments and central banks, from the United States to Switzerland, are giving Bitcoin serious consideration as an alternative to traditional reserve assets, with the Czech Republic being one of the latest to signal interest. The governor of the Czech National Bank (ČNB), Aleš Michl, has floated Bitcoin as a potential diversification strategy for the country’s...
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Now Live: Trade With Any Margin Currency Through Multi Asset Margining

To further improve the trading experience for our users, we are pleased to announce the launch of our latest feature on BitMEX: Multi Asset Margining. The arrival of Multi Asset Margining means users can now use multiple currencies – USDT, USDC, ETH, or BTC (XBT) – to trade any derivatives contract on our platform. The...
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Bitcoin (BTC) $ 94,276.26 2.47%
Ethereum (ETH) $ 3,323.13 1.45%
Tether (USDT) $ 0.999695 0.05%
XRP (XRP) $ 2.35 0.62%
BNB (BNB) $ 696.32 0.19%
Solana (SOL) $ 195.49 1.90%
Dogecoin (DOGE) $ 0.339385 2.39%
USDC (USDC) $ 0.999226 0.08%
Cardano (ADA) $ 0.939256 5.83%
Lido Staked Ether (STETH) $ 3,320.31 1.28%