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AI agent tokens, including AI16z and Virtuals Protocol, are experiencing significant gains as Franklin Templeton highlights their potential within the crypto ecosystem. AI16z's token surged over 18% to $1.30, while Virtuals Protocol's token rose 15% to $2.98, sparking speculation that AI could become the latest trend in cryptocurrency trading. Despite recent recoveries, both tokens remain below their all-time highs, indicating ongoing volatility in the market.
JP Morgan analysts predict that Solana and XRP ETFs could attract billions in investments, with XRP potentially drawing $3 to $6 billion and Solana $4 to $8 billion. However, these figures would still fall short of Bitcoin ETFs, which amassed $50 billion in their first year. Grayscale is seeking to convert its Digital Large Cap Fund, which includes these altcoins, into an ETF, reflecting the ongoing interest in crypto investment vehicles.
The Forgotten Runiverse game has launched its "Crash the Runiverse" event, inviting players to stress-test its servers until January 17, 2025. Participants can earn from a pool of 21 trillion Quanta, an in-game currency redeemable for XP, and exclusive cosmetic armor sets. This event follows previous major events and coincides with the game's migration to the Ethereum sidechain Ronin ahead of its global launch.
Developers of the Telegram game Farm Frens have announced a snapshot date of January 20 at 3:00 AM UTC to determine eligibility for an upcoming token airdrop on the Ethereum layer-2 network Base. Players can enhance their rewards by accumulating in-game currencies NUTS, DIRT, and DUNG before the snapshot, which will also consider holders of specific NFTs from the related game Everseed. Further details regarding the airdrop are expected soon.
Tether, the issuer of the USDT stablecoin, is relocating its operations to Bitcoin-friendly El Salvador after acquiring a Digital Asset Service Provider license. This move aligns with the country's vision of financial freedom and innovation, as it aims to attract tech entrepreneurs and strengthen its regulatory environment.Despite Tether's significance in the crypto market, it faces scrutiny over transparency regarding its reserves and has denied reports of a U.S. investigation into potential violations of sanctions and anti-money-laundering rules. El Salvador continues to evolve as a digital nomad hub, attracting crypto businesses like Bitfinex, which recently announced its own relocation to the country.
Dogecoin has fallen nearly 5% to $0.323, marking its lowest price since January 1, while the broader crypto market struggles amid fears of prolonged high U.S. interest rates. Other meme coins like Pepe and Bonk have also seen significant declines, with drops of nearly 8%. The volatility of these assets continues to pose risks for investors, as prices can fluctuate dramatically.
The Animecoin Foundation is set to launch its ANIME token on Ethereum and Arbitrum this month, with 10 billion tokens issued, 77% available at launch. Aimed at transforming the anime ecosystem into a community-driven economy, 37.5% of the tokens will benefit the Azuki community, while additional allocations support community initiatives and partner projects. Following the announcement, the Azuki NFT collection saw a significant price increase, reflecting heightened interest in the project.
New Hampshire Rep. Keith Ammon has proposed a bill allowing the state Treasury to invest public funds in digital assets and precious metals, aiming to protect against inflation and align with the state's "Live Free or Die" ethos. The bill would cap investments at 10% of public funds, currently allowing only Bitcoin, and includes provisions for lending or staking digital assets. Meanwhile, other states are also considering similar Bitcoin reserve proposals, reflecting a growing trend in U.S. economic strategy.
Bitcoin and Ethereum have both hit 2025 lows as investors withdraw from crypto ETFs, with Bitcoin dropping to $91,925 and Ethereum to $3,216. A significant $568.8 million left Bitcoin ETFs in one day, while Ethereum saw $159 million in outflows, reflecting bearish market sentiment amid concerns over persistent inflation and high interest rates.
Zoo is a new Telegram game where players build a virtual zoo filled with animals to earn in-game tokens, which will be airdropped as on-chain tokens. With over 14 million accounts engaged, the game is in its final mining phase, ending January 31, after which players can no longer earn Zoo tokens. The game combines elements of FarmVille and Zoo Tycoon, focusing on passive income generation through animal care and feeding.
Andrew Hayward
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
AI agent tokens surge as Franklin Templeton highlights potential in crypto market
23:12 14.01.2025
solana and xrp etfs may attract billions but lag behind bitcoin
22:24 14.01.2025
forgotten runiverse launches crash event to stress test servers and earn rewards
22:08 14.01.2025
Farm Frens announces snapshot date for upcoming Ethereum airdrop
17:35 14.01.2025
Tether relocates to El Salvador to enhance focus on innovation and markets
19:52 13.01.2025
meme coins face significant losses as crypto market declines sharply
17:37 13.01.2025
anime token launch aims to transform community ownership in creative economy
17:02 13.01.2025
New Hampshire proposes bill for state Bitcoin reserve amid inflation concerns
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20:25 10.01.2025
bitcoin and ethereum hit 2025 lows as investors withdraw from etfs
18:33 09.01.2025
telegram's zoo game gains popularity with upcoming token airdrop
13:01 07.01.2025
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